Analysis
Many countries around the world offer fast-track citizenship to foreign descendants of former citizens. But how does that work – and how can you become an EU citizen?
The post EU citizenship by descent appeared first on Hungarian Citizenship.
In July, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó announced that the limit on the number of foreign workers in foreign-owned Hungarian businesses would be raised from 10% to 20%. However, many enterprises under foreign ownership already employ more third-country nationals than that. How is that possible? Are these enterprises breaking the law? […]
The post Labor demand and the 20% new quota on foreign workers appeared first on Hungarian Work Permit.
Hungary has been facing labor shortage because of demographic reasons. As a result, the government has taken steps to make it easier for foreigners to work in the country. These measures proved very successful, more than tripling the number of work permit applications over the last three years before the pandemic. Work permit vs. EU […]
The post Hungarian work permits: the year 2020 in numbers appeared first on Hungarian Work Permit.
With investment immigration, most investors are aiming to acquire some kind of stability, whether it entails visa-free travel, a secure investment, or a family-friendly environment. With the current travel bans imposed to hinder the spread of COVID-19, many passports are losing their value, while others might become more sought after. Travel bans for regularly highly […]
The post Investment Immigration passports under pandemic travel bans appeared first on New Residency.
The IMF publishes its world economy outlook report twice a year. The latest edition in April expects Malta and Hungary among the economically strongest countries in the EU after the pandemic. Stable economies in the EU When choosing a second home, one of your main considerations might be whether your intended destination provides a safe […]
The post IMF forecast: Malta and Hungary among strongest EU economies after pandemic appeared first on New Residency.
If the employee is a national of a non-EU country and is entering the EU for their temporary deputation, they will need a work permit. In some special cases, the employee might apply for an intra corporate transfer permit, which offers added benefits to both employer and employee.
The post Bringing employees to Hungary – Work permit or Intra Corporate Transfer? appeared first on HELPERS.
So you think you are eligible for Hungarian citizenship, right? And you want to stay in Hungary while still waiting for your application being processed? Then read on to learn more about your options.
The post How to stay in Hungary while waiting for your citizenship approval? appeared first on Hungarian Citizenship.
Hungarian company formation was more popular in the first quarter of 2019 than anytime since 2014. The increasing number of incorporations, together with a recent decrease in the number of company dissolutions shows a positive trend altogether.
The post Hungarian company formation trends in 2019 appeared first on HELPERS.
According to Henley & Partners’ passport index of 2019, the Hungarian passport is ranked as the 10th strongest passport in the world. With your Hungarian passport, you can travel to 180 countries without a visa. Explore the world or go on business trips without any issues or hassle with the local immigration authorities.
The post Where and how can I travel with the Hungarian passport? appeared first on Hungarian Citizenship.
Over the last 10 years, the investment residency market experienced a massive expansion. While back in 2008 only 3 European countries offered a government-supported residency through investment program, today 26 countries do so, making up a EUR 5bn market. The first Golden Visas The pioneers of the Golden Visa schemes in Europe were Gibraltar, Monaco […]
The post Golden Visa Boom in Europe appeared first on New Residency.