Looking for an easier way to live and work in Europe? Hungary’s new National Card might be just what you need. Let’s break down this opportunity and see why it’s catching the attention of investors and professionals worldwide.
What’s the Hungarian National Card?
The Hungarian National Card, officially known as the “Nemzeti Kártya,” is a residency permit designed to streamline the residency process in Hungary. This initiative is part of Hungary’s broader strategy to attract international talent and investment.
Key Features:
- Validity: The card is initially valid for two years.
- Extension Option: Holders can extend their residency for an additional three years.
- Purpose: It grants the right to live and work in Hungary, opening doors to various professional and business opportunities.
- Eligibility: Initially limited to Serbian and Ukrainian nationals, the program has since expanded its scope.
Who Can Apply?
As of July 2024, citizens from these countries can apply:
- Serbia
- Ukraine
- Belarus
- Bosnia and Herzegovina
- Moldova
- Montenegro
- North Macedonia
- Russia
If you’re from one of these countries, you’re in luck! If not, do not worry since Hungary is committed to diversifying its eligible countries in the future.
Why Consider the Hungarian National Card?
Here’s why this card is turning heads:
- Simple Process: Less paperwork, fewer headaches.
- Work Freely: You’re not tied to one employer.
- Bring Your Family: Your dependents can join you.
- Fast Track to Permanence: Apply for permanent residency after just 3 years.
- Gateway to Europe: Live in Hungary and travel across the EU.
How Does It Compare?
Here’s how the Hungarian National Card stacks up against other residency options available in Hungary:
Legal Title | Duration | Eligibility Criteria | Family Reunification | Pathway to Permanent Residency |
---|---|---|---|---|
Hungarian National Card | Up to 2 years (+3) | Citizens from specific countries | Yes | After 3 years |
Hungarian Card | Up to 3 years (+3) | Higher-level professional qualifications | Yes | After 5 years |
National Residence Card | Indefinite | Third-country nationals | Yes | Yes |
Golden Visa | Indefinite | Investment in Hungary | Yes | Yes |
Temporary Residence Permit | Up to 1 year (+1) | Various purposes (work, study, etc.) | Depends on type | After 5 years |
This comparison underscores the Hungarian National Card’s position as a balanced option. The national card offers a quick path to permanent residency and smaller financial investment required by programs like the Golden Visa.
What’s New in Hungary’s Immigration?
Hungary is updating its immigration laws to attract more talent. Recent developments include:
Expanded Eligibility: Hungary’s July 2024 expansion of the list of eligible countries for the National Card program signifies its commitment to attracting a diverse pool of skilled individuals.
Integration Emphasis: New policies stress the importance of social and cultural integration, potentially including language proficiency requirements or cultural adaptation programs.
Economic Focus: Hungary’s new immigration laws are increasingly aligned with the country’s financial objectives, particularly in sectors experiencing skill shortages.
Why Choose Hungary?
Hungary isn’t just another spot on the map. It offers:
- A central location in Europe
- A growing startup scene
- Rich culture and history
- A stable economy as part of the EU
- Good universities with affordable tuition fees
Applying for the National Card
Here’s what you need to do:
- Gather your documents (ID, financial proof, purpose of stay)
- Consider getting legal help
- Plan how you’ll integrate into Hungarian life
- Outline your work or business plans
At Aegir Consulting, we offer you end-to-end assistance with an extended advisory after settlement.
Wrapping Up: Is the Hungarian National Card Right for You?
The Hungarian National Card opens doors to European living and business. It’s faster and easier than many other options.
If you’re looking to:
- Expand your business to Europe
- Live in a central EU country
- Start a new chapter in your life
…then the Hungarian National Card could be your key to making it happen.
Want to learn more? Our team is ready to guide you through the process. Let’s turn your European dreams into reality!
FAQs
1. What is the primary purpose of the Hungarian National Card?
The primary purpose of the Hungarian National Card is to allow foreign nationals from specific countries to live and work in Hungary easily.
2. How long is the Hungarian National Card valid?
The Hungarian National Card is initially valid for up to two years, with an option to extend for an additional three years.
3. Who is eligible for the Hungarian National Card?
As of July 2024, eligible countries include Serbia, Ukraine, Belarus, Bosnia and Herzegovina, Moldova, Montenegro, North Macedonia, and Russia.
4. Can I bring my family with me if I obtain a Hungarian National Card?
Yes, holders of the Hungarian National Card can apply for family reunification under certain conditions.
5. How does the Hungarian National Card compare with other residency options?
The Hungarian National Card offers a shorter initial duration but has more lenient eligibility requirements than other options, such as the Hungarian Card or Golden Visa. It also provides a pathway to permanent residency after three years.
Remember: Immigration laws can change. Always check with an expert for the latest info.