Hungary Sole Proprietor (Egyéni Vállalkozó) Residency vs Montenegro Digital Nomad Visa
Hungary freelancer route: $159 fee, 12 months. Montenegro digital nomad route: $25 fee, 12 months.
- Montenegro Digital Nomad: $1,542 a month, $1,884 less than Hungary Sole Proprietor.
- Montenegro Digital Nomad: $25 to apply, $134 less than Hungary Sole Proprietor.
- Hungary Sole Proprietor: about 1.1 weeks, 3.9 weeks sooner than Montenegro Digital Nomad.
Built for: Digital nomads and Remote employees.
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
- Income
- $1,542/mo
- Fee
- $25
- Duration
- 12 months
Next steps
Hungary Sole Proprietor
Montenegro Digital Nomad
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Side by side
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Montenegro Digital Nomad Visa
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
Income sources accepted
Employment types accepted
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 | Montenegro Digital Nomad Visa |
|---|---|---|
| Visa type | Freelancer | Digital nomad |
| Status | Active | Active |
| Initial duration, months | 12 | 12 |
| Renewable | Yes | Yes |
| Built for | Freelancers, Digital nomads, Remote employees, FIRE, Retirees | Digital nomads, Remote employees |
| Minimum age, years | 18 | Not specified |
| Practical minimum age, years | 18 | 18 |
| Nationality restrictions | Non-EU nationals only | Open to all nationalities |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Montenegro Digital Nomad Visa |
|---|---|---|
| Minimum income, per month | $3,426 | $1,542 (Lowest known income requirement) |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Business creation | Not applicable |
| Application fee, one time | $159 | $25 (Lowest known fee) |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Montenegro Digital Nomad Visa |
|---|---|---|
| Income sources accepted | Business income | Not specified |
| Employment types accepted | Business owner, Self-employed | Not specified |
| Local work permitted | No | No |
| Maximum income from local work, % | Not specified | 0% |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Montenegro Digital Nomad Visa |
|---|---|---|
| Processing time, minimum (weeks) | 1.1 weeks (Fastest known processing) | 4 weeks |
| Processing time, maximum (weeks) | Not specified | 6 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 | Montenegro Digital Nomad Visa |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Montenegro Digital Nomad Visa |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Montenegro Digital Nomad Visa |
|---|---|---|
| Health insurance required | No (No insurance requirement) | Yes |
| Local bank account required | Yes | No (No local bank account needed) |
| Apostille required | Yes | Yes |
| US FBI background check required | Not specified | No |
| Certificate of coverage required | No | No |
| Required documents | Not specified | 7 items listedSee full list on the visa page |