Category: Investor / Business / Startup Visa
Overview: Hungary offers residence permits for investors, entrepreneurs, and those establishing a business, allowing foreign nationals to live and conduct gainful activity in the country. It provides a pathway to EU residency and potential citizenship through sustained economic contribution.
Eligibility: Requires a robust business plan, sufficient capital for investment and operational costs, proof of funds, a valid legal entity, and adherence to Hungarian legal and financial regulations. Clean criminal record is also essential.
Processing Time: ~60 days
Visa Duration: 12 months
Renewable: Yes
Work Authorisation: true
Remote Work Allowed: Yes
Dependants Allowed: No
Path to Residency: Yes
Path to Citizenship: Yes
Sponsor Required: No
Official Government Page: https://oif.gov.hu/index.php?option=com_k2&view=item&id=1569:residence-permit-for-the-purpose-of-gainful-activity&Itemid=1067&lang=en
Summary: Purpose: Establish or operate a business in Hungary. Eligibility: Sound business plan, sufficient funds, valid company. Benefit: EU residence permit, access to Schengen area, and a potential path to Hungarian citizenship.