Can I work or start a business in Hungary with the Golden Visa?

What Business Forms Are Permitted?

The Guest Investor Visa associated with the Golden Visa program specifically allows for several forms of entrepreneurial activity:

• Sole Proprietorship: You are free to operate your own business as a sole proprietor.
• Management in Your Own Company: If you choose to establish a more formal business structure, such as a limited liability company, you can take on a managerial role within that entity.
• Unrestricted Work: Beyond starting your own venture, the Golden Visa grants you the right to work for any employer in Hungary without needing any additional work permits.

Can I Work With A Guest Investor Residence permit?

Yes, holders of a guest investor residence permit, as well as those with a residence permit for family reunification associated with it, are entitled to engage in work in Hungary based on an employment relationship for remuneration. Third-country nationals holding these permits have unrestricted rights to work in Hungary.

What Are The Obligations Of An Employer?

Employers of third-country nationals are subject to a notification obligation regarding the employment of such individuals. They must inform the relevant authorities about the employment of foreign nationals.

Conclusion

Guest investor residence permit holders have the right to work or do business in Hungary. No need to change your permit type to start working or establish a business. Employers must notify authorities about the employment of foreign nationals.

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