Hungary Business Immigration

aletreby wrote:

Is this true for no EU citizens? i need only a 30000 euros?

I mentioned above I know of no extra fiscal requirement beyond the 10,000 KFT capitalisation requirement. Where did you read this amount of 30,000? But I am not an attorney, and the laws change here often.

There is also an investor visa program where you buy about 200,000 Euro in government bonds, plus pay a filing fee, so when you cash in your bonds years later your net cost might be only about 30,000 but that is a different type of visa than an entrepreneur visa. Just saying, one might confuse theses two visa methods.

makoxford wrote:

Dear klsallee,
                     Thanks for the reply, after reading your reply One thing is for sure that running business is not an easy task in Hungary . Can you please tell me what type of business sectors are good in Hungary and Where can I find good lawyers. Honestly I dont wana waste my Hard earning money on scams.

I echo klsallee's view. Personally I would say no business is worth engaging in within Hungary except possibly the IT sector and health tourism (even seems oversupplied).  Realistically you are better off somewhere else. The political climate is poor, the current government is very bureaucratic and against free enterprise (unless it's somehow connected to the political elite). Many policies are ill thought out and come out as extremist or racist - the Serbia anti-immigration fence, the high VAT at 27% is real killer in many sectors of the economy and encourages the black market. The shop closure law (religious reasons, despite dressing it up as "family time") on Sundays are expected to put 30,000 people out of work.  Over 350,000 Hungarians have left to work elsewhere.  You're up against a very poor environment for any kind of business.

Unless you have special reasons - like family - to come here, there are better places to be.

makoxford wrote:

Dear klsallee,
                  Thanks for the reply, after reading your reply One thing is for sure that running business is not an easy task in Hungary . Can you please tell me what type of business sectors are good in Hungary and Where can I find good lawyers. Honestly I dont wana waste my Hard earning money on scams.

Mobile phone business may be great business in hungary

MonicaSMurdock wrote:

Mobile phone business may be great business in hungary

Nah, no way.  Saturated market, over taxed, expensive, poor infrastructure, under investment and weak customer services for international users.

I've had excellent 4G connections with unlimited capacity for a lower fixed price in developing countries Africa and South East Asia.

tanh123 wrote:

Please send your email. Thanks

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