Denmark Start-Up Visa vs Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Denmark other route: 24 months. Hungary freelancer route: $159 fee, 12 months.
Built for: Freelancers.
- Duration
- 24 months
- Processing
- 4 weeks
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
Next steps
Hungary Sole Proprietor
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Side by side
Denmark Start-Up Visa
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Where to apply
Interview required
Medical exam required
Minimum income, per month
Minimum investment, one time
Investment types
Application fee, one time
Income sources accepted
Employment types accepted
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Required documents
Leads to permanent residency
Years to citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Visa type | Other | Freelancer |
| Status | Active | Active |
| Initial duration, months | 24 (Longest initial stay) | 12 |
| Renewable | Yes | Yes |
| Built for | Freelancers | Freelancers, Digital nomads, Remote employees, FIRE, Retirees |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | 18 | 18 |
| Nationality restrictions | Non-EU nationals only | Non-EU nationals only |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Minimum income, per month | Not specified | $3,426 |
| Minimum investment, one time | $0 | Not applicable |
| Investment types | Business creation | Business creation |
| Application fee, one time | Not specified | $159 |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Income sources accepted | Not specified | Business income |
| Employment types accepted | Self-employed | Business owner, Self-employed |
| Local work permitted | Yes (Local work permitted) | No |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Processing time, minimum (weeks) | 4 weeks | 1.1 weeks (Fastest known processing) |
| Where to apply | You apply in two stages to two different entities. First, submit your business plan to Startup Denmark by email at...See where to apply on the visa page | Not specified |
| Interview required | No | No |
| Medical exam required | No | No |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Leads to permanent residency | Yes (Path to permanent residency) | No |
| Years to citizenship, PR plus naturalization | Not specified | Not applicable |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Denmark Start-Up Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Health insurance required | Not specified | No |
| Local bank account required | No (No local bank account needed) | Yes |
| Apostille required | No (No apostille needed) | Yes |
| US FBI background check required | No | Not specified |
| Certificate of coverage required | No | No |
| Required documents | 6 items listedSee full list on the visa page | Not specified |