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Employer-sponsored combined work and residence permit for non-EU nationals. The employer must typically demonstrate the vacancy was advertised locally first, and a minimum wage threshold applies.
Requires a minimum investment of EUR 500,000 in a Hungarian real estate fund or EUR 1 million direct real estate purchase. Grants a 10-year residence permit renewable indefinitely.
For remote workers employed by or running a company outside Hungary. Requires proof of remote employment or self-employment and sufficient income; no Hungarian employer required.
Tied to a primary permit holder (EU citizen or non-EU resident). Dependants (spouse and minor children) may apply and are generally permitted to work once the permit is granted.
EU/EEA and Swiss citizens have the right to live and work freely. Register with local authorities within 3 months of arrival.
Hungary is an EU/Schengen member; EU/EEA citizens have full rights to reside and work. Non-EU nationals must apply for a residence permit, and Hungary has been expanding its pathways including a Digital Nomad Visa (White Card) and a Guest Worker program. Hungary's Golden Visa program (Guest Investor Program) was launched in 2024, offering residency through real estate fund investment. Processing is generally efficient.
Non-EU citizens need a Single Permit (combining residence and work authorization) in Hungary, applied for through the National Directorate-General for Aliens Policing. Employers must typically prove labor market need, and some sectors have additional requirements. Hungary has an active Guest Worker program for lower-skilled workers from qualifying countries.
Spouses and children under 18 of Hungarian residence permit holders can apply for dependent residence permits. The main requirements are proof of relationship, adequate accommodation, and financial means. Dependants from non-EU countries are typically issued permits with a duration matching the primary holder.
Hungary has one of the lowest flat personal income tax rates in the EU at 15% on all income. Corporate tax is also very low at 9%, and there are no capital gains or inheritance taxes for many asset types. Hungary has an extensive tax treaty network of around 80 agreements.
Hungary has a public healthcare system (Nemzeti Egeszsegbiztositasi Alapkezeló) funded by social contributions; quality is adequate in Budapest but varies regionally. Private clinics in Budapest offer good English-language services. International health insurance is strongly recommended for expats.
Opening a Hungarian bank account requires a residence permit, passport, and address registration. Major banks include OTP Bank, K&H Bank, and Raiffeisen Bank. OTP is the dominant domestic bank; international banks like Citibank also operate in Hungary.
Hungary launched its Guest Investor Program (GIP) in 2024, offering 10-year renewable residency for investments of at least EUR 250,000 in an approved Hungarian real estate fund or EUR 500,000 in a Hungarian university endowment. A direct real estate purchase option of EUR 500,000 was included but later restricted. The program covers the investor and family.
| Program | Min. Investment | Residency | Citizenship |
|---|---|---|---|
| Guest Investor Program (GIP) | — | No | No |