After you have established your company in Hungary, and you are willing to stay in Hungary for a longer time, you will have the opportunity to obtain a residential permit for income purposes. This opportunity is really favourable for those who are residents in a country, which is not a member of the European Union.
For obtaining a residential permit for income purposes as a managing director/owner of a Hungarian company, the minimum conditions are the following:
The application has to be submitted at your country’s Hungarian consulate or here in Hungary during your personal visit. The deadline of the evaluation of the application is 21 days after the submission, which does not include for example the duration of possible rectifications.
The residential permit’s validity period is maximum 3 years, which can be extended with another maximum 3 year period occasionally. In most cases at the first time the Authority permits a one year period, after this at defining of the next validity period, the authority is mainly interested in the company’s operations.
At the exceeding of the residence, according to the current legislation it is a further precondition, that before the submission of the application, your residence must exceed 90 days in any 180 days period.
Your family members can also get a residential permit for family reunion purposes, if you have received the residential permit for income purposes (the applications can be submitted at the same time, but the judgement of the application of the family members depends on the evaluation of the residential permit for income purposes). In this case you will have to have an amount of income and bank savings, which is enough for the livelihood of all family members.
Our fee contains: