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ARTICLE · 04 MARCH 2024

Navigating Hungary's Innovative Residence Permit For Self-Employers

Hungary, nestled in the heart of Europe, has long been a hub for business and trade.

HungaryImmigration

Hungary, nestled in the heart of Europe, has long been a hub for business and trade. With its strategic location, favourable business environment, and access to the European Union (EU) market, Hungary continues to attract entrepreneurs and investors from around the globe. In a bid to further enhance its appeal and facilitate international business ventures, Hungary has introduced a new type of residence permit tailored specifically for individuals seeking to engage in business activities within the EU market.

Introduction to the New Residence Permit:

This innovative residence permit is designed to offer third-country nationals a pathway to establish and operate businesses within Hungary, thereby gaining access to the broader European market. What sets this permit apart is its unique advantage of not requiring any upfront investment, making it an attractive option for entrepreneurs looking to test the waters or expand their business operations within the EU.

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