Investment Visa Overview

Hungary Residency & Citizenship options

The Hungary Residence Permit for the Pursuit of Gainful Activity is available to foreign nationals who wish to reside in Hungary for the purpose of engaging in a business activity. The permit is valid for one year and can be renewed for an additional two years. After that, the permit holder must apply for a permanent residence permit. If you lawfully resided in the territory of Hungary continuously for at least the preceding five years before the application was submitted you can also apply for citizenship.

Program 1
  • Name
    Residence Permit for the Pursuit of Gainful Activity
  • Description

    Non-EEA nationals may be issued a Hungarian residence permit to engage in gainful activity. Non-EEA nationals who wish to establish a business, cooperative, or other legal entity in Hungary, or to serve as a member of the executive, representative, or supervisory board of such an entity, are eligible for a Hungarian residence permit.

  • Requirements

    The objective of the self-employed gainful activity may be verified by: - A private entrepreneurial license, or - A business plan, or - A license for a small-scale agricultural producer, or - A contract for professional services, or - Any other reliable means. Legal representation is mandatory.

  • Validity
    9 months
  • Investment Type
    Active
  • Avg. Processing Time
    2 months
  • Investment Amount
    No minimum
  • Avg. Agent Fee
    10,000 HUF
  • Physical Presence Requirement
    181 days of the year
  • Can family be included?
    No
Official Government Website
Investment Types
Passport Overview

According to the SovSpot Passport Ranking Index, the Hungarian passport is presently ranked 10th. It allows people to travel to 187 countries without needing a visa. It is one of the best-ranked passports in the world, with a high mobility score. Visa-free travel and visa-on-arrival are available to Hungarian passport holders in countries such as the United Kingdom, United Arab Emirates, Japan, and the European Union as a whole. This enables for almost instantaneous travel opportunities all around the world. Hungarian passport holders, on the other hand, need a visa to visit around 42 countries around the world. China, India, and the Russian Federation are among the countries that require a visa.

Passport Rank

10

Visa Free Countries

187

Mobility Stats
  • Dual Citizenship Allowed?
    Yes
  • Visa Free Destinations
    141
  • Visa on Arrival
    36
  • Visa Online
    10
  • Visa Required
    11
  • Visa Free Access
    Schengen, USA, UK, Canada, Japan
  • World Surface Area Reachable
    59%
  • Unesco Heritage Sites Access
    46%
Passport Ranking Factors

Hungary Passport Visa Free Countries

The number of countries Hungary passport holders can enter without a visa (i.e. visa-free countries) is added to the number of countries Hungary passport holders can enter by obtaining a visa on arrival (i.e. visa-on-arrival countries) or an electronic travel authorization (i.e. visa-on-arrival countries) (eTA). There are now 141 visa-free countries for Hungary passport holders, 36 visa-on-arrival countries for Hungary passport holders, and 10 eTA destinations. In total, Hungary passport holders can visit 187 countries without a visa, via a visa on arrival, or using an eTA. As a result, the Hungary passport is ranked number ten in the world. In addition to these visa-free and visa-on-arrival countries, Hungary passport holders must apply for a physical visa or an eVisa to visit 42 other countries (i.e. visa required countries).

Citizenship by Descent

Hungarian Citizenship by Descent

Hungary's statute regarding citizenship by descent differs slightly from those of other EU nations. The greatest benefit of Hungarian citizenship rules is that you are eligible for citizenship if you speak Hungarian and have a Hungarian ancestry.

As long as you can prove you have a Hungarian ancestor in your direct line, there is no limit to how far back you can trace your family tree (beginning with your parents and going back further).

Citizenship by Descent - Details
  • CBD Available?
    Yes
  • Generations
    3
Citizenship by Descent - Footnotes

Note: Keep in mind that the costs for citizenship by descent applications can vary and depend on many factors, such as:

  • The availability of official documents in different countries (if past family members migrated);
  • The availability of historic documents;
  • Sworn translation costs;
  • Price only includes main applicant, in case of adding children or spouses, this can incur additional costs);
  • Whether or not a genealogist is needed to prove ancestry;
  • Other unforeseen costs.

* In the case of first generation citizenship by descent, we assumed ONLY administration costs, which will be around $100 or less (usually free if application is done in the same country versus foreign embassy or consulate)

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