Hungary Business Visa

If you want to visit Hungary for business purposes, then you will need to apply for a business visa. With this visa a businessman can visit Hungary for business purposes such as corporate meetings, employment or partnership meetings.

Visa Requirements

You will have to apply for a short-stay visa which allows you to stay in Hungary for 90 days. The short-stay visa is also known as the Schengen visa. This visa is valid in all the European countries which are part of the Schengen agreement.

Benefits of a Hungary Business Visa

Will allow the applicants to visit all Schengen countries (Austria, Belgium, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden and Switzerland).
You can pay a low corporate tax rate of 9% in Hungary
High-quality infrastructure and good business environment in Hungary.
Can apply for Hungarian citizenship after eight years
You can access the Hungarian market

Eligibility Requirements

It is necessary to have a passport that is valid for at least 6 months from the date of trip.

Your trip’s major goal should be to attend business-related events such as meetings and conferences.

You must have sufficient funds to cover the duration of your entire stay in the country.

It is recommended that you purchase travel insurance.

You must be a resident of your home country if you apply there. You can apply for a residency permit in a foreign country’s embassy if you already have one.

Documents Required

Valid passport with at least three months validity
Passport must have been issued during the past ten years
Copies of previous visas
2 passport size photos
Completed visa application form
Proof of having financial resources to pay for your return trip and stay in Hungary
Travel insurance policy with a value of 30,000 pounds
Covering letter from your company in case you are travelling to Hungary on behalf of their business
Invitation letter from the company you will be visiting with details of their address and dates of your visit
A certificate from your employer giving permission for your business travel and a Power of attorney from your company giving you full authority
Proof of previous trade relations between the two companies
Bank statement of the last 6 months
Income tax returns of last three years
Company must give declaration for coverage of expenses on the letter or invitation
Proof of accommodation
Proof of civil status

Validity and Processing Time

You can stay for a maximum period of 90 days in Hungary or any other country in the Schengen region with the business visa.