It is important that you bring the printed and signed application and the required documents with you at this time! 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. ... 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. 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. Residence permit for developing-country national The words permanent residence naturally mean that one must actually live in the country and have a registered address. 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. ... 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? At the same time, it should be noted that at present the program has no citizenship incentives. For non-EU citizens In the first year you will get a Visa at the Consulate which you can travel into Hungary with. Residence permit application for a victim of human trafficking; Personal identity code in connection with a residence permit; Extended permit. Students who are third-country nationals can obtain a residence permit if they have full time legal student relationship with a registered Hungarian public educational institution working in line with the public education information system. The applicant must have owned a Hungarian treasury worth at least €300,000 for a minimum of six months. The total time of obtaining a permanent residence permit is now reduced from 8 months to 1-2 months. Permit Type: Permanent residence. The processing time was 70 days. The applicant must hold his/her residence permit under National Economic Interests for at least six months. Permits and citizenship. Till now only children below the age of 18 could obtain a residence permit under the application of their father or mother. The Hungarian Investor Residency Bond Program is now suspended. It takes around two weeks to manufacture and post a residence permit card. Those whom are non-EU citizens/nationals who wish to work in Hungary based on employment relationship. 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). 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.. Permanent residence is a lifetime status and your rights are equal to the rights of citizens. Citizenship of Hungary can be obtained after 8 years of residence in Hungary. Fully completed residence permit application form (signed by the applicant, only Hungarian and English version accepted). The expected processing time ends when we make a decision on your application. What is the work permit used for? 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. How to become a Hungarian resident. Residence work permit for the purpose of work. The Hungarian program is indeed the fastest track to Europe. 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