DOCUMENTS FOR OBTAINING A RESIDENCE PERMIT IN HUNGARY:
- international passport in the form of a copy (all pages);
- civil passport, in the form of a copy (all pages);
- articles of association;
- a document confirming the registration of the organization;
- power of attorney;
- a document provided by the head office stating that the applicant has worked for the organization for at least six months;
- certificate confirming higher education;
- a certificate confirming the absence of debt from the tax authority;
- if there are children, then their birth certificates
- if the applicant is married, then a corresponding certificate is required
- certificate from a Russian bank – €30 thousand;
- Photos of the documents
- certificate of no criminal record + translation into Hungarian;
For children upon admission to school:
- from 6 to 12 years old - only parent present
- from 12 to 18 years old child and parent
Obtaining a European residence is an urgent task for almost every person who seeks to ensure the availability of a safe alternative place of residence for himself and his family. As a rule, the first step to permanent residence in Europe is obtaining a residence permit. Among the countries of the European Union, Hungary rightfully occupies a leading position among the most popular countries for obtaining a residence permit, since it will be possible to obtain permanent residence after obtaining a residence permit in just three years. Due to the presence of several ways to obtain this status, you can always choose the best option.
What is the difference between “dual citizenship” and “second citizenship”?
Before applying for a second Hungarian citizenship, consider all the benefits and consequences of such a decision. Having a second passport from another country does not always mean “dual citizenship.”
There are two terms in international law: “dual citizenship” and “second citizenship”. Accordingly, the legal consequences of using this terminology will also be different.
You can read more about second citizenship and dual citizenship in Hungary here.
PROS AND CONS OF OBTAINING A RESIDENCE PERMIT IN HUNGARY:
Business immigration is considered one of the best ways to obtain a residence permit in almost any country, and Hungary is no exception. Registration of status in this state provides many advantages not only in relation to doing business in the EU, but also provides unique opportunities for traveling around Europe and permanent residence in a stable and safe country with a mild climate. So, the advantages of a Hungarian residence permit are:
- the possibility of storing capital in banks of countries belonging to the European Union, access to banking transactions in European banks and legal withdrawal of capital;
- favorable conditions for doing business in the EU;
- possibility of living in the European Union;
- unimpeded movement within the Schengen zone (the presence of status provides visa-free entry into the Schengen countries);
- granting status to dependent children (under the age of majority), as well as to parents whose age at the time of application is more than 65 years old;
- the opportunity to receive a European education;
- developed healthcare system;
- obtaining permanent residence after a three-year period of stay in the country;
- the possibility of obtaining citizenship after eight years from the date of obtaining a residence permit.
Hungary is a state that can offer comfortable conditions for permanent residence. This country is characterized by an average European level of quality of life, which provides good medicine, a high level of quality education (including higher education) and a generally favorable social climate. An absolute advantage is the low crime rate, as well as the political stability that characterizes this state. Excellent ecology and many thermal resorts make Hungary an ideal place for permanent residence for all family members. Thanks to the favorable location of the country, as well as visa-free entry into the Schengen countries, holders of residence permit status have ample opportunities for travel and getting to know the culture of European countries. In addition, Hungary is characterized by affordable real estate prices, due to which the purchase of real estate in this country is considered an economically feasible investment. Renting real estate is also quite profitable.
The main disadvantage of obtaining a residence permit in Hungary on the basis of registering a representative office is some bureaucratic complexity of the procedure, however, it should be noted that opening a business in any (even your home country) process is slow and quite labor-intensive. As a result, certain difficulties in the status registration procedure are fully compensated by the undoubted advantages of this option.
PROCESS OF OBTAINING A RESIDENCE PERMIT IN HUNGARY BASED ON REGISTRATION OF A REPRESENTATIVE OFFICE:
The procedure for obtaining status consists of several stages and begins with the establishment of a representative office of the company. So, to obtain a residence permit you must:
- Establishment of a representative office. The first stage is the establishment of a company representative office, which occurs with the participation of a local lawyer. The company's charter must contain information about the company itself, as well as information about shareholders, officers, their rights and obligations. At the moment of signing the Charter, sample signatures are recorded. After signing the document, the lawyer sends it to the court office. The type of legal entity is selected and the size of the business depending on the type of activity. Also, certain types of business activities may require obtaining additional licenses.
- Registration with local authorities. After completing the registration procedure, a bank account is opened. To simplify the process of managing a representative office and speed up interaction with local authorities, it is assigned an online identifier. In addition, after the creation of a company, it is registered with various authorities (this must be done within a specified period). Thus, to pay local tax, the company is registered with the municipality, to pay annual fees at the Chamber of Industry, and to obtain a tax number at the Tax and Statistical Offices.
- Confirmation of financial solvency and place of residence. To obtain residence permit status, the applicant must provide confirmation of the availability of funds necessary to live in Hungary (certificate from the bank). Since when registering a status based on the registration of a representative office of a Russian company, a residence permit is issued on the basis of an employee’s employment in this representative office, confirmation is also provided that the applicant has been working in this company for at least six months. In addition, the applicant for a residence permit must have a place of residence in the country (a house, apartment or other object that is suitable for living). The confirmation may be a lease agreement, a real estate purchase and sale agreement, etc.
- Registration of insurance. When applying for status, you must have health insurance.
- Submitting an application for a residence permit. Submission of the application occurs after the launch of the company's representative office. To obtain status, you must provide a package of documents, which includes, among other things, the company’s charter and a certificate from a Russian bank. When submitting an application, the candidate’s fingerprints are taken and a photograph is taken to issue a residence permit with biometric data. The decision to grant a residence permit is usually made within 30 days from the date of submission of the application.
- Receiving a card. The residence permit card is issued after the application is approved. The card is valid for 12 months, after which it can be extended for another 24 months.
Thus, business immigration to Hungary is one of the most convenient and affordable ways to obtain residence permit status. Despite some complexity of the procedure for registering a representative office, this process as a whole does not cause any particular difficulties and, if all documents are initially correctly completed, proceeds quickly. As a result, the applicant and his family members receive the right to reside in a safe European country and many other benefits, including visa-free travel within the Schengen area and the opportunity to become a full citizen of this state in a few years.
Most Frequently Asked Questions and Answers:
How soon can I apply for permanent residence in Hungary?
Permanent residence is issued in this case after three years of residence in the country.
Do I need to buy housing when applying for a residence permit in Hungary?
It is enough to rent an apartment and provide the corresponding agreement. It is important that the housing area is at least eighteen square meters per person. At the same time, if you wish, you can easily purchase an apartment as your own.
Is insurance required to obtain a residence permit in Hungary?
Yes, to live in Hungary the applicant must pay insurance for the duration of the stay.
When do you need to renew your Hungarian residence permit?
An application for renewal of a residence permit must be submitted thirty days before its expiration.
When is Hungarian citizenship issued?
Citizenship of this country can be obtained after eight years of permanent residence in Hungary.
Is it possible not to stay in the country after receiving a Hungarian residence permit?
To obtain permanent residence in the future, you must reside permanently in the country. You are allowed to travel for no more than forty-five days once a year.
For how long is a Hungarian residence permit issued?
Hungarian residence permit for registration of a representative office
is issued initially for one year, and then extension is possible for two years at once.
Can my family members obtain a residence permit in Hungary?
Yes, your wife or husband, as well as children, can obtain a residence permit together with you. They will first need to obtain a visa to enter the country and will then need to submit all documents directly in Hungary.
Can children study with a Hungarian residence permit?
Yes, the applicant's children receive this opportunity. Having a residence permit, they will be able to successfully study in local institutions.
Will I have access to the country's medical facilities after obtaining a residence permit in Hungary?
Yes, having a residence permit, a foreigner has the opportunity to receive medical care.
Is it possible to open an account in a local bank with this type of Hungarian residence permit?
Yes, the holder of a residence permit also gets this opportunity.
Is it possible to get a mortgage with a Hungarian residence permit of this category?
Yes, if a foreigner has a residence permit, he can apply for a mortgage.
How to obtain Hungarian citizenship?
It is possible to obtain citizenship in Hungary by birth, through naturalization or repatriation. There is currently no citizenship by investment program, but it is being discussed.
A child born into a family of Hungarian citizens becomes a citizen.
If you are an ethnic Hungarian who lost citizenship due to the separation of Hungarian territories, you have the right to regain citizenship. Applies primarily to those who lived in Transylvania, Southern Slovakia, in the current Transcarpathian region of Ukraine, and their descendants.
You must prove your origin through your own or archival documents. You need to search for data yourself. You won’t have to renounce your current citizenship and you won’t even need to move to Hungary.
Naturalization is common and has advantages.
In both cases, all the requirements are the same, except for the time of stay in the country (residence qualification).
Requirements for persons who decide to naturalize:
- No problems with the law;
- There is a place to live in the country;
- The person does not pose a threat to Hungary and his naturalization does not violate the laws and security of the country;
- It is necessary to pass an exam on knowledge of the Constitution and proficiency in the Hungarian language at this level.
If we are talking about standard naturalization, then the residency requirement is 8 years.
If a person was born in Hungary or became a resident of the country before reaching the age of majority, then the period of stay for obtaining citizenship is reduced to 5 years (unless the parents of the minor received citizenship earlier - then the child receives it along with them).
The following persons can obtain citizenship within 3 years:
- Who have lived in a legal marriage with a Hungarian citizen for more than 3 years; a marriage can only be terminated by the death of a spouse;
- Minor children who are Hungarian citizens;
- Who were adopted by Hungarians;
- Recognized as refugees under Hungarian law;
- They are stateless persons.
The application review period is 3 months, excluding the collection of missing or lost documents.
