Hungary Sole Proprietor (Egyéni Vállalkozó) Residency vs Ireland Stamp 0 (Financially Independent)
Hungary freelancer route: $159 fee, 12 months. Ireland passive income route: 12 months, $4,350 a month.
- Hungary Sole Proprietor: $3,426 a month, $924 less than Ireland Stamp 0.
- Hungary Sole Proprietor: about 1.1 weeks, 24.9 weeks sooner than Ireland Stamp 0.
Built for: FIRE and Retirees.
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
- Income
- $4,350/mo
- Duration
- 12 months
- Processing
- 26-26 weeks
Next steps
Hungary Sole Proprietor
Ireland Stamp 0
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Side by side
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Ireland Stamp 0 (Financially Independent)
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
Processing time, maximum (weeks)
Where to apply
Interview required
Medical exam required
Minimum income, per month
Minimum investment, one time
Investment types
Application fee, one time
Extra income per adult dependent
Income sources accepted
Employment types accepted
Social Security counts as income
Pension income recognized
Local work permitted
Maximum income from local work, %
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 | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Visa type | Freelancer | Passive income |
| Status | Active | Active |
| Initial duration, months | 12 | 12 |
| Renewable | Yes (Renewable) | No |
| Built for | Freelancers, Digital nomads, Remote employees, FIRE, Retirees | Retirees, Passive investors, FIRE |
| Minimum age, years | 18 | Not specified |
| Practical minimum age, years | 18 | Not specified |
| Nationality restrictions | Non-EU nationals only | Non-EU nationals only |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Minimum income, per month | $3,426 (Lowest known income requirement) | $4,350 |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Business creation | Not applicable |
| Application fee, one time | $159 | Not specified |
| Extra income per adult dependent | Not specified | 100% |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Income sources accepted | Business income | Pension or Social Security, Savings, Passive income |
| Employment types accepted | Business owner, Self-employed | Not specified |
| Social Security counts as income | Not specified | Yes |
| Pension income recognized | Not specified | No |
| Local work permitted | No | No |
| Maximum income from local work, % | Not specified | 0% |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Processing time, minimum (weeks) | 1.1 weeks (Fastest known processing) | 26 weeks |
| Processing time, maximum (weeks) | Not specified | 26 weeks |
| Where to apply | Not specified | 2 items listedSee where to apply on the visa page |
| Interview required | No | No |
| Medical exam required | No | No |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Ireland Stamp 0 (Financially Independent) |
|---|---|---|
| Health insurance required | No (No insurance requirement) | Yes |
| Local bank account required | Yes | Not specified |
| Apostille required | Yes | No (No apostille needed) |
| US FBI background check required | Not specified | No |
| Certificate of coverage required | No | No |
| Required documents | Not specified | 6 items listedSee full list on the visa page |