The “National Card”: preferential residency for Russian businesspeople in Hungary
Who is eligible?
- Limited to certain nationalities including Russian (full list here)
- Business owners: you can set up a Hungarian company in just a few days and become eligible as a business owner
- Employees: you can only start this process once you have a signed job offer from a Hungarian employer (please note that we do not assist with job search)
Benefits of the National Card
The most attractive aspect of the National Card is that it offers a simplified procedure compared to the regular work permit or business visa, while it still provides:
- Family unification: you can include your family members in your application
- Option for permanent residency after 3 years
- Option for a status change without travel to the home country: if you decide to apply for a different type of permit at some point, you can do so in Hungary
Under the new immigration law of 2024, these three benefits are now only available with specific permit types such as the National Card, but Russian nationals can now get Hungarian residency easier, quicker, and with much better conditions. Getting residency also removes any obstacles to opening bank accounts or making investments.
After at least 3 years, the National Card can be turned into permanent residency, which offers even more benefits. After another 8 years residing in Hungary, you can even apply for citizenship and enjoy the privileges of being an EU citizen.
Get help from the best
Helpers Hungary provides business and immigration assistance in Hungary with 20 years of experience. Whether you are interested in setting up a business, starting a new job, or bringing talent to Hungary as a Russian national, we are here to help – whether or not your plans will involve the National Card in Hungary. Take advantage of our local know-how and our committed, professional team.
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The post The “National Card”: preferential residency for Russian businesspeople in Hungary appeared first on Helpers Hungary.
