Benefits of Owning a Hungarian Residence PermitAccess to the Schengen AreaA Hungarian residence permit grants you visa-free travel within the Schengen Zone, which includes 29 European countries. This is ideal for both personal and business travel across Europe. Temporary residence permit holders can stay in other Schengen states for up to 90 days within any 6-month period.
Cost-Effective Investment OpportunitiesHungary offers one of the most affordable investment pathways for European residency. Entrepreneurs can start a business with a modest initial capital of
€7,700, while investors can secure long-term residence with an investment of
€250,000 through the Hungarian Golden Visa program.
Favourable Tax SystemHungary boasts a competitive tax environment, including:
- A flat personal income tax rate of 15%
- One of the lowest corporate tax rates in Europe at 9%
- This tax system is highly attractive for both individual investors and businesses aiming to optimize their tax liabilities.
Pathway to Permanent Residency and CitizenshipTemporary residence permit holders can apply for
permanent residency after three years of continuous residence in Hungary. Citizenship becomes available after
eight years, with the possibility of reducing this to
five or even three years under specific conditions, such as family ties or significant contributions to Hungarian society.
Family ReunificationOnce the primary applicant secures a residence permit, their family members—spouses and dependent children—can also apply under Hungary's family reunification program. This enables families to live, work, and study together in a safe and stable environment.
A Hungarian residence permit not only opens doors to Europe but also offers financial, tax, and lifestyle benefits, making it an excellent choice for individuals and families seeking new opportunities.