Residence permit for the purpose of family reunification Who is eligible to apply for a residence permit for the purpose of family reunification: A third-country national who has a spouse who is a Hungarian citizen or who has a proven cohabiting relationship with a partner of the same sex. Registration of marriage in Hungary: The Hungarian citizen is obliged to initiate this procedure, but the application for registration can be…
The most typical type of residence permit, of which most are issued in Hungary, is a work and study permit. For residence permits for work purposes, the most basic documents are required: These two documents are the responsibility of the employer. In the event of failure to declare the need for labour, the National Directorate General for Aliens will take a negative decision. The reason for this will of course…
Key sectors in Hungary: automotive, battery, business service centres, electronics, information and communication technologies, food industry, life sciences, logistics, and medical technologies are considered to be industries in which Hungary actively invites investors. More than 170 000 people are employed in the automotive industry. 1. Key information More Hungarian firms are engaged in international trade than is typical across the EU (70% versus 63%). Manufacturers (92%) are far more likely…
In general, greenfield investment is referred to as one of the types of foreign direct investment, which includes the most significant number of risks. This is because the investor needs to create a production chain from the very beginning. While it can offer numerous advantages, such as greater control, the potential for long-term growth, and a large profit percentage, there are several risks associated with greenfield investments. 1. Political and…
