Permits and citizenship. Citizenship of Hungary can be obtained after 8 years of residence in Hungary. Those whom are non-EU citizens/nationals who wish to work in Hungary based on employment relationship. Till now only children below the age of 18 could obtain a residence permit under the application of their father or mother. The words permanent residence naturally mean that one must actually live in the country and have a registered address. How to become a Hungarian resident. ... Fast processing leading to EU permanent residency for life in under 30 days. It takes around two weeks to manufacture and post a residence permit card. Related to the use of the website, the user guide includes a detailed description. 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. 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). What is the work permit used for? Permit Type: Permanent residence. 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. 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 Hungarian program is indeed the fastest track to Europe. The applicant’s permanent settlement in Hungary must be shown to be in the national economic interest of Hungary. The expected processing time ends when we make a decision on your application. ... 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. Residence permit application for a victim of human trafficking; Personal identity code in connection with a residence permit; Extended permit. Residence permit for developing-country national At the same time, it should be noted that at present the program has no citizenship incentives. 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. How long do you usually have to wait for an answer? The Hungarian Investor Residency Bond Program is now suspended. 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. Residence work permit for the purpose of work. Fully completed residence permit application form (signed by the applicant, only Hungarian and English version accepted). For non-EU citizens In the first year you will get a Visa at the Consulate which you can travel into Hungary with. Permanent residence is a lifetime status and your rights are equal to the rights of citizens. The applicant must hold his/her residence permit under National Economic Interests for at least six months. The total time of obtaining a permanent residence permit is now reduced from 8 months to 1-2 months. The applicant must have owned a Hungarian treasury worth at least €300,000 for a minimum of six months. The processing time was 70 days. 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