Realize the freedom of travel, with Schengen residency, you can enjoy visa-free access to 29 countries in Europe and 11 countries in the Americas.

Realize the freedom of financial investment.

Realize the freedom of risk avoidance, in case of war, the whole family can move to a safe country for the first time. Realizing the freedom of education, children can have more choices of education.

Pros and cons of migrating to Hungary in 2024

1. Advantage. Hungary is a friendly country to China. It is the largest investment destination of China in Europe. There are famou1.s companies

1. Advantage. Hungary is the member of EU, Schengen and also NATO. relatively safe for business and living.

2. Advantage. Rich educational resources.

3. Advantage. High welfare state. Healthcare and education are free of charge if you fulfill the immigration requirements.

4. Advantage. The lowest corporate profit tax in the EU is 15% and the lowest personal income tax in the EU is 9%.

5. Advantage. No real estate bubble. The annual rent-to-sales ratio is over 4+%. Stable appreciation of property value from year to year.

6. Advantage. Budapest is rated as one of the safest capitals in Europe. Law and order are good.

7. Advantage. Low cost of living. Low house prices, low prices with agricultural products.

8. Advantage. Low labor cost. Suitable for hiring people to open companies and factories.

9. Advantage. Highly educated population.

10. Disadvantages. The average wage per capita is around 1,000 euros. It's disadvantage if you want work in Hungary.

11. Disadvantage. It is not possible to apply for permanent residence with a normal worker's visa or a manager's visa. You can only apply for permanent residence if you are holding the investor visa, elite work visa and a few limited visas.

12. Disadvantages. The language is hard and it is difficult to learn. However, young people are generally able to communicate in English.

13. Disadvantages. Landlocked country. No access to the sea. The nearest port is 300 kilometers.

Hungarian law offers several possibilities to obtain a residence permit in Hungary. The team of Medvice company has 30 years of experience in Hungarian immigration. Whether it is based on business, family reunification, investment, buying or selling real estate, work, or study, or applying for Hungarian citizenship, we can offer you a one-stop shop for all aspects of your stay in Hungary.

Medvice company is different from other firms: we have the following advantages:

We are a one-stop-shop. we do all the visa related services.

We provide a one-stop solution for companies to be settled down in Hungary.

We are an officially registered service company in Budapest, Hungary。 our office and warehouse area are more than 5500 m2.

We have more than 30 years business experience in Hungary.

RESIDENCE PERMIT
TYPE D VISA

For stays longer than 90 days, non-Schengen foreigners need a residence permit (also for those who can stay without a visa for 90 days in Hungary). The application for a residence permit shall be made on a form corresponding to the purpose of the stay.

COMMERCIAL IMMIGRATION

STARTING A BUSINESS, BANK ACCOUNT OPENING INSURANCE OFFICE, BUSINESS PLAN

foreign natural person or company can establish a company in Hungary without any restrictions on foreign quality and without official permission.

WORK PERMIT

Citizens outside the European Union, if they wish to work in Hungary, need to have a work permit in all cases. A work permit is also required if a non-EU citizen wishes to work in Hungary in his own business.

RESIDENCE PERMIT

STUDY PURPOSE

Citizens outside the European Union, if they wish to study in Hungary, need permission to do so. Authorization is subject to the condition that the studies take place in a state-recognized or registered educational institution or in a language preparation institute preparing such studies.

FAMILY REUNION

The spouse and family member of a Hungarian citizen may apply for a residence permit in Hungary. However, the most frequent applications for this type of residence permit are rejected by the authorities. Due to the large number of marriages of convenience, applications for family reunification are specifically examined by the Authorities and, despite the marriage, they are often denied entry.

HUNGARIAN CITIZENSHIP

There is no more desirable travel document in the world for the Hungarian passport, as it is not only possible to travel without a visa in Europe, but also to the United States and Canada, along with many other countries. Becoming a Hungarian citizen has strict rules.

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