Hungary is EU zone Schengen part nation in Central Europe. The capital is Budapest, an excellent vacationer goal and the national cash is Hungarian Forint (HUF). The average cost for basic items in Hungary is significantly less expensive contrasted with other European nations and you can exploit less expensive land costs in Hungary.
In Hungary, there are two types of immigration programs possible for business investors.
We offer business migration program to our customers to move to Hungary. Simply shape another organization in Hungary and as an entrepreneur, you can move to Hungary with your family. The most well-known type of organization among nonnatives is Kit (single individual possessed LLC). The base capital required is approx. EUR 10,000 (3,000,000 HUF) to shape an organization. The organization arrangement is quick and normally it takes 1-2 weeks. Hungary is a business inviting nation and corporate assessments are 10% for little scale organizations. Hungarian organizations are given VAT number and are required to document assesses each year, in light of your overall salary.
Once company formation is done, and all papers are obtained, non EU persons can apply for long term visa at the Hungary embassy in your country. You will be initially given 30 day C entry visa to enter Hungary, and once you are in Hungary, you will be given residence permit in the form of biometric residence card. This temporary residence card allows you to stay in other European Schengen countries and stay there for up to 90 days in 6 month period. The residence card is valid for 1 year and after that yearly renewals are done. After 5 years of stay in Hungary, you are eligible to apply for Permanent residence canada
Disclaimer : AWICS is authorized to provide visa consultancy services that guide with world immigration options, such as guiding for relevant documentation for visa filing, assessing the eligibility criteria for applicant. We work with licensed immigration advisors; all the official fee payment if any and form purchasing will be done from the government offices directly as we don't sell anything that can be procured from any government office. The decision to issue or refuse a visa is made solely by immigration officers of respective countries. All applications will be assessed in accordance with immigration visa rules and guidelines. AWICS has no role or influence over the outcome of an application and will not offer any evaluative advice.
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