The expected processing time ends when we make a decision on your application. It takes around two weeks to manufacture and post a residence permit card. Valid passport (which must be valid for at least 3 months after returning from Hungary, issued within the last 10 years and containing 2 empty pages). Permanent residence is a lifetime status and your rights are equal to the rights of citizens. The processing time was 70 days. Residence permit for developing-country national Those whom are non-EU citizens/nationals who wish to work in Hungary based on employment relationship. How to become a Hungarian resident. What is the work permit used for? The time we need to serve you the decision and deliver a residence permit card to you are not included in the expected processing time. The words permanent residence naturally mean that one must actually live in the country and have a registered address. The Hungarian program is indeed the fastest track to Europe. Those wishing to work in Hungary for any company will require permission to do so, typically granted by applying for and obtaining a Hungarian work permit. At the same time, it should be noted that at present the program has no citizenship incentives. It is important that you bring the printed and signed application and the required documents with you at this time! In exchange for a safe and state-guaranteed investment of EUR 300,000 to be returned at the end of the 5-year term, applicants of all nationalities can obtain permanent resident permits with only a single visit to Hungary (and a 60,000-euro processing fee). ... 300,000 and a five-year maturity will be purchased using the funds received from the investor within 45 days of his/her residence permit being issued. How long do you usually have to wait for an answer? Fully completed residence permit application form (signed by the applicant, only Hungarian and English version accepted). The applicant must have owned a Hungarian treasury worth at least €300,000 for a minimum of six months. The applicant’s permanent settlement in Hungary must be shown to be in the national economic interest of Hungary. ... On the page Processing times, you can read more about the different phases that constitute the expected processing time and the factors affecting the processing time. Related to the use of the website, the user guide includes a detailed description. Residence permit application for a victim of human trafficking; Personal identity code in connection with a residence permit; Extended permit. Till now only children below the age of 18 could obtain a residence permit under the application of their father or mother. Residence work permit for the purpose of work. If your application is processed by the embassy in the country you live in, you will normally receive an answer within 15 days after handing in your application at the Visa Application Centre, the consulate or the embassy.. Hungarian residency permit enables the applicant to live in Hungary, and visit (to a maximum of 90 days from any 180 days) any Schengen country. Permits and citizenship. ... Fast processing leading to EU permanent residency for life in under 30 days. The Hungarian Investor Residency Bond Program is now suspended. Permit Type: Permanent residence. As a rule, permanent residence in the EU countries can be obtained after 5 years of living in the country, but in Hungary the permanent residence can be obtained in 1 month. Citizenship of Hungary can be obtained after 8 years of residence in Hungary. The applicant must hold his/her residence permit under National Economic Interests for at least six months. 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