Hungary Business Visa Application Process
Hungary Business Visa Application Process
The Hungarian business visa is a short-term visa that third-country nationals who are assigned to visit Hungary for meetings, unpaid training or business-related activities, without labor or gainful employment, must apply for. The Hungarian Business visa allows holders to stay in Hungary for a maximum of 90 days within a 180-day period.
Hungarian business visa holders can travel throughout Hungary for the duration of their visa. The Budapest visa received for the capital of Hungary is included in the Schengen visa category and provides the right to free movement and accommodation in European Union member countries for no more than 90 days within 6 months.
What are the Hungary Business Visa Requirements?
Hungary business visa requirements are listed below.
- It is necessary to receive an invitation from a company, fair or business organization in Hungary.
- A travel insurance policy worth £30,000 is required.
- Proof of financial resources to pay for the return journey and the duration of the stay in Hungary must be provided.
How to Apply for a Hungary Business Visa?
How to apply for a Hungarian business visa is listed below.
- Necessary documents must be prepared for the Hungary business visa.
- An application appointment must be made from the AS visa websites.
- The necessary documents must be prepared until the Hungary visa appointment date arrives.
- When the appointment day arrives, you must be at the application center with the necessary documents at the appointed time.
- The application is forwarded to the Consulate 1 day after it is received by the application center.
- The average visa processing time is 15 days.
- After the Hungarian visa is finalized, the applicant's passport can be collected by a relative whose surname is the same or by a person whose name they gave in writing when applying. If a courier is requested for an additional fee during the Hungarian visa application, the visa result is sent to the person's address.
What are the Required Documents for a Hungary Business Visa?
The documents required for a Hungary business visa are listed below.
- Hungary business visa application form : Hungary business visa application forms can be filled in with a blue, black pen or on the computer. The application form must be filled in completely, readable and the signature section on the last page must be signed by the passport holder.
- Biometric photo : 2 photographs taken within the last 3 months that comply with the biometric photography rules (face looking directly at the lens, face, ears and forehead visible, background color white and photos 35 mm wide and 45 mm high) are required.
- Health insurance : The Hungary travel health insurance must be signed and stamped. The insurance must be valid in all Schengen countries and cover the planned duration of stay. The minimum policy coverage (covering 30 days of health expenses) must be 30,000 Euros.
- Passport : The passport to be submitted for the Hungary business visa application must have been issued within the last 10 years and full-page photocopies of the pages containing identity information and full-page photocopies of all processed passport pages must be submitted.
- Employer's permission letter : In order to apply for a Hungary business visa, the employer's permission letter must state the applicant's travel dates and the dates on which he/she will be on leave, and must be signed by the visa applicant's employer.
- Financial adequacy record : The last 3 months' account statement signed by authorized persons must be received from the bank at most 1 week before the application date. The person applying for a Hungarian business visa must have enough balance in the account for which he/she submits the documents to finance the trip.
- Company documents : In order to apply for a Hungary business visa, the signature circular, trade registry gazette and activity certificate of the company in which the applicant works must be submitted.
- Identity : To apply for a Hungarian business visa, a photocopy of the visa applicant's Turkish ID must be submitted.
How to Write a Sample Petition for a Hungary Business Visa?
The Hungarian business visa petition must be addressed to the Hungarian Consulate. The petition text must state the purpose of the trip, the duration, and the sponsor of the trip. This text can be written in Turkish, Hungarian, and English. The petition must be written on the company's letterhead, prepared with a wet signature by the person authorized to sign in the company, and must be added to the visa application file in a stamped form. If the applicant is the company owner, he/she writes the petition himself/herself.
If the applicant is a company official, the visa petition must be prepared by the company official. The company official must state in the visa petition that the employee who will travel is on leave at the company, that the travel expenses will be covered by the company or the person, and that the applicant will continue his/her job at the workplace after the trip to Hungary.
How much is the Hungary Business Visa Fee?
| Services | Fees |
|---|---|
| Hungary business visa fee | 90 Euro |
| Application form & Petition filling | 25 Euro |
| Meeting | Free |
| Biometric operations | 38 Euro |
| Consulting service | 30 Euro |
| Total | 183 Euro |
Can I Establish a Company in Hungary with a Hungarian Business Visa?
Citizens of the Republic of Türkiye can establish a company in Hungary as foreigners with a Hungarian business visa.
What Rights Does Establishing a Company in Hungary Provide?
A company established in Hungary exists as a Hungarian legal entity and has all the rights of other Hungarian companies and companies in the European Union. This gives the opportunity to do business in Europe with the advantage of free customs.
Hungary is one of the countries with the lowest corporate tax rates in Europe. A company established in Hungary is given an international VAT number without any waiting or additional requirements. Establishing a business in Hungary has many advantages, such as low initial capital that does not require any payments.
When a local company is established and operated in Hungary, those in management positions are eligible to reside in Hungary, regardless of the person's citizenship. If the manager wishes to move to Hungary with his/her spouse and children, services are provided to facilitate the residence permit and transition for family members.
How Many Days Does It Take to Get a Hungary Business Visa?
The average processing time for a Hungarian business visa is 15 days. In special cases, such as when documents need to be reviewed further, this period can be extended to 30 days. In addition, if additional documents are needed, the period can be extended to a maximum of 60 days.