Business Opportunities in Hungary

Learn about Hungary's business opportunities, from startup ecosystems to established industries, including visa options, funding sources, and essential compliance requirements for entrepreneurs.

Can International Students Get Permanent Residency?

Yes! International students can apply for permanent residency after living in Hungary for at least three years on a valid residence permit. However, non-EU students must obtain a temporary residence permit before transitioning to PR.

Required Documents for PR Application

To apply for permanent residency, you’ll need to prepare the following documents:

  • Valid passport

  • Proof of continuous residence (minimum 3 years)

  • Residence permit (temporary)

  • Health insurance

  • Proof of financial stability (bank statements, employment contract)

  • Accommodation proof (rental agreement or property ownership)

  • Criminal record certificate

  • Motivation letter (highlighting your contributions to Hungary)

Step-by-step Process to Get a PR

  • Complete residency requirements: Ensure you have lived in Hungary continuously for 3 years.

  • Gather required documents: Prepare all necessary paperwork.

  • Submit an online application: Apply via the Hungarian Migration Service’s Enter Hungary portal.

  • Biometric submission: Visit the migration office for fingerprinting.

  • Wait for approval:  The process usually takes 3-4 months.

  • Receive your PR card: Once approved, your PR status is valid for life, but the card must be renewed every 5 years.

Citizenship Opportunity

After eight years, PR holders can apply for a Hungarian passport after 11 years. You can't leave the country for more than 45 days per year during this entire period. Also, you will have to take a Hungarian Language Test and a Hungarian History Test.

Benefits of Permanent Residency in Hungary

Holding a PR in Hungary comes with several advantages:

  • Schengen Visa Benefits: Visa-free travel across the Schengen Zone.

  • Work without restrictions: You don't need a separate work permit.

  • Access to European banking services: Open accounts and make international transactions.

  • Affordable living costs: Monthly expenses are around €500 - €600 for a single person. 

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