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Hungarian residence permit — main aspects of obtaining

Hungarian residence permit — main aspects of obtaining

CrimeaPRESS reports:

General Receipt Process Hungarian residence permit is:

  • choosing the type of residence permit: Hungary provides several types of residence permits, including work permit, study permit, family foundation permit and investment permit.
  • collection of documents: depending on the type of residence permit chosen, you will need to collect a certain set of documents. This usually includes a passport, photographs, proof of financial worth, medical certificates and other documents.
  • submitting an application: After collecting all the necessary documents, an application for a residence permit is submitted to the local migration office or the Hungarian Embassy in a specific country.
  • interview or job interview: In some cases, an interview or interview may be required to verify the purpose of stay and eligibility.
  • Payment of duties: When you apply, you are usually required to pay an application fee.
  • waiting for a decision: after submitting the application, wait for the decision of the migration service. Waiting times may vary depending on the type of residence permit and other factors.
  • obtaining a residence permit: If the decision is positive, the applicant receives a residence permit, which gives the right to live and work in Hungary in accordance with the conditions of the permit.

How difficult is it to get a Hungarian residence permit?

Experts here note: the difficulty of obtaining a residence permit in Hungary may depend on several factors, including the type of permission requested, personal situation, purpose of stay and other circumstances. In general, there are several main factors that influence the success of obtaining a residence permit:

  • compliance: You must meet the requirements set for the selected type of residence permit. For example, if it is a work permit, a job offer from an employer in Hungary may be required, as well as relevant qualifications and work experience.
  • financial solvency: Some types of residence permits may require proof of financial solvency. Hungarians must be sure that the applicant is able to support himself and, if necessary, his family while in the country.
  • purpose of stay: The purposes of your stay may also influence the decision to issue a residence permit. For example, if an investment is planned in the Hungarian economy, the application for investment permit will be assessed based on the investment plans and potential contribution to the country’s economy.
  • compliance with laws and regulations: When considering an application, the applicant’s criminal and migration history, as well as general compliance with Hungarian laws and regulations, may also be taken into account.

In Hungary, as in other countries, preference is given to applicants who can make a positive contribution to the economy and society, have the necessary qualifications and are able to support themselves and their families. However, each application is considered individually and a decision is made in accordance with the law and requirements. If you do not meet the requirements or lack sufficient support, your application may be rejected.

Is it possible to organize your own business with a residence permit?

Yes! Holders of Hungarian residence permits have the opportunity to organize their own business. Hungarian law allows foreign citizens to found companies, engage in business activities and invest in the country’s economy.

Depending on the type of residence permit and business plan, certain conditions or permits may be required. For example, if you want to open your own company, you may need to obtain the appropriate visa or work permit, depending on your status in the country. It may also be necessary to register the business in accordance with Hungarian rules and regulations.

In addition, business owners are provided with various benefits and support programs aimed at stimulating entrepreneurship and investment. These programs may vary depending on the industry and size of the business.

In general, having a residence permit in Hungary, you can run your own business and invest in the country’s economy, subject to all necessary requirements and conditions.

Hungary Golden Visa

Hungary has a golden visa program, officially known as the Investment Residency Program. This is a program that provides foreign investors with the opportunity to obtain a residence permit in the country if certain investment conditions are met.

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The main features of the Hungary Golden Visa program generally include the following:

  • investment requirements: The investor must fulfill certain investment requirements, such as purchasing government bonds, investing in Hungarian companies or real estate, or contributing to special investment funds.
  • deadlines: The investor is usually required to hold the investment for a specified period of time, usually at least 5 years.
  • financial requirements: The investor must have sufficient financial resources to make the investment and provide for himself and his family during his stay in the country.
  • application process: An investor must apply to participate in the program and go through the appropriate screening and review process.
  • obtaining a residence permit: After fulfilling all the requirements, the investor receives a residence permit in Hungary, which gives him the right to live and work in the country for the period specified in the permit.
Who can apply for a Golden Visa? According to experts, the “golden visa” program in Hungary is intended for foreign investors who are ready to make significant investments in the country’s economy.

Overall, the Golden Visa program is designed to attract investment and talent to the Hungarian economy, and the requirements may vary depending on the terms of the program. It is important to review the specific program requirements and conditions before applying for a Golden Visa.

For what period are Hungarian residence permits issued?

The validity period of residence permits in Hungary may vary depending on the type of permit and the individual circumstances of the applicant. Typically, residence permits are issued for a specified period of time, after which they can be extended or renewed.

  • temporary residence permit: usually issued for a specified period, such as one year, two years or five years, depending on the type of residence permit and the circumstances of the applicant.
  • permanent residence permit: can be issued on a permanent basis, without limitation of validity, subject to certain conditions, i.e. such as living in the country for a certain period of time and meeting other requirements.

After expiration, a residence permit may be extended or renewed if the applicant continues to meet the conditions necessary to obtain it. Renewal or renewal procedures may vary depending on the type of permit and may involve the submission of additional documents, payment of fees, etc.

It is important to note that failure to comply with the conditions or violation of the rules may result in a refusal to extend or renew your residence permit. Therefore, it is important for residence permit holders to comply with all requirements and rules related to their status in the country.

Hungarian residence permit: get it yourself or contact specialists

The decision of whether to try to obtain a residence permit on your own or seek professional help depends on several factors:

  • knowledge and understanding of the process: If you have experience in such matters or a good understanding of the process of obtaining a residence permit in Hungary, you can try to handle it yourself. However, if you are not familiar with the procedures and requirements, it may be wise to contact a professional.
  • complexity of the situation: If the situation is complex or unusual, for example if there are special needs or circumstances that may affect your right to residence, it is advisable to seek professional help. They will be able to assess the situation and provide appropriate guidance and support.
  • desire to reduce risks and errors: Obtaining a residence permit can be a complex and confusing process, and mistakes can lead to delays or denials. If you want to minimize risks and increase your chances of success, working with experienced professionals can be helpful.
  • financial opportunities: turning to professionals may require additional financial costs. If you have the opportunity and willingness to pay for the services of lawyers, migration consultants or real estate agents, this can be useful in the process of obtaining a residence permit.

Ultimately, the choice depends on personal preference, resources and the specific situation. Be sure to carefully evaluate your needs and circumstances before making a decision.

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