By setting up a business

TEMPORARY RESIDENCE PERMIT BY SETTING UP A BUSINESS IN HUNGARY

Introduction

Non – EU nationals have the possibility to set up a business in Hungary, and so they can obtain Hungarian temporary residence permit based on their Hungary related business activity.

For this purpose it is required to control a legal entity registered in Hungary.

Process

THE PROCESS OF GETTING TEMPORARY RESIDENCE PERMIT IN HUNGARY CONSISTS OF 2 STAGES:

  • Stage one: Establishment or purchasing the company.
  1. company incorporation (company registration in person or via POA) or purchasing the company;
  2. opening bank account (in person);

 Duration of the process – about 3-7 working days.

  • Stage two: documents’ preparation for getting TRP and submission

The documents can be submitted at the Hungarian embassy and at the institution of migration in Hungary personally.

The migration department decision will be made within 2 months.