National Permanent Residence Permit (Economic Interest)

publicAnywhereflight
Hungary
About
Requirements
Cost of Living
Expats
Talent Migration

About

To be able to settle down in Hungary, You are supposed to apply for a national permanent residence permit, which can only be granted if:

  1. The applicant has been holding a residence permit with respect to national economic interest for at least 6 months prior to the submission of the application.
  2. The applicant has been holding a residence permit for any purpose for at least 6 months prior to the submission of the application and securities with a total nominal value of 300,000 EUR have been registered.
event_available

Duration

60 months

apartment

Citizenship

60 Month(s)

attach_money

Fees

36

badge

P. Residency

3 Month(s)

pending_actions

Processing time

8 weeks

equalizer

COMPLEXITY

Low

What are eligibility requirements for the National Permanent Residence Permit (Economic Interest)?

8 Eligibility Requirements

  • Applicant must have a place of abode in the territory of Hungary and whose subsistence is ensured.
  • Applicant must have comprehensive healthcare insurance or sufficient financial resources for healthcare services.
  • Applicant must have a residence permit or an interim permanent residence permit.
  • Applicant must have residence is in accordance with the interest of Hungary.
  • Applicant must register total nominal value of 300,000 in economic interest.
  • Applicant must lawfully resided in the territory of Hungary continuously for at least the preceding 6 months before the application was submitted.
  • Applicant must have clean police record.
  • Applicant residence in the territory of Hungary must not constitute a threat to public security or national security.

Which documents do I need to apply for the National Permanent Residence Permit (Economic Interest)?

12 Document Required

  • Complete Application Form.
  • Birth certificate.
  • Marriage certificate, if the applicant is married and it was not submitted during the procedure for issuing a residence permit.
  • Legally binding authorial decision on marriage dissolution.
  • An official document according to the personal right of the minor child about the fact that there is no legal obstacle to the permanent residence of the minor third country national.
  • Deed proving his/her housing in Hungary.
  • Deed proving the entitlement for full health care benefit in Hungary.
  • Certification of clean criminal record issued by the authorities of the country of permanent or usual place of residence prior to the entry of Hungary, which is not older than 6 months.
  • Deed proving future place of residence in Hungary (e.g. lease agreement, deed, declaration of acceptance, etc.).
  • Power of attorney.
  • A photo portrait.
  • Valid travel document such as passport must be presented at the time of application.

Talent Migration data for Hungary

Talent gain & drain map of 2015-2019 data. Sourced from World Bank Digital Development Data.

Disclaimer: Visadb.io is a FREE visa database and Immigration Expert Marketplace. The information displayed in this page is not legal advice. Please speak to an Expert before applying.

feedbackImprove this page

Hire experts for Hungary

Visadb.io is trusted and funded by European Union, UNWTO, CORFO, MITEF and other organizations.

Dr. Tibor S.

Immigration Lawyer

Hungary Work Permit Assistance

Dr. Tibor S.

Immigration Lawyer

Open a Company in Hungary Assistance

Dr. Tibor S.

Immigration Lawyer

Hungary Digital Nomad Visa or White Card Application

Dr. Tibor S.

Immigration Lawyer

Hungary Golden Visa Application (GIP)

Subscribe to our newsletter

We send you latest news and updates about Visa and Immigration

email