Hungary Sole Proprietor (Egyéni Vállalkozó) Residency vs Portugal NHR 2.0 (IFICI — Tech & Creative Workers)
Hungary freelancer route: $159 fee, 12 months. Portugal other route: 120 months.
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
- Duration
- 120 months
Next steps
Hungary Sole Proprietor
Portugal NHR
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Side by side
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Portugal NHR 2.0 (IFICI — Tech & Creative Workers)
Visa type
Status
Initial duration, months
Renewable
Built for
Minimum age, years
Practical minimum age, years
Nationality restrictions
Processing time, minimum (weeks)
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
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Leads to permanent residency
Years to citizenship, PR plus naturalization
Days in country, per year
Tax regime
US tax treaty
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Visa type | Freelancer | Other |
| Status | Active | Active |
| Initial duration, months | 12 | 120 (Longest initial stay) |
| Renewable | Yes (Renewable) | No |
| Built for | Freelancers, Digital nomads, Remote employees, FIRE, Retirees | Not specified |
| Minimum age, years | 18 | Not specified |
| Practical minimum age, years | 18 | Not specified |
| Nationality restrictions | Non-EU nationals only | Open to all nationalities |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Minimum income, per month | $3,426 | Not specified |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Business creation | Not applicable |
| Application fee, one time | $159 | Not specified |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Income sources accepted | Business income | Not specified |
| Employment types accepted | Business owner, Self-employed | Not specified |
| Social Security counts as income | Not specified | No |
| Pension income recognized | Not specified | No |
| Local work permitted | No | Yes (Local work permitted) |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Processing time, minimum (weeks) | 1.1 weeks | Not specified |
| Interview required | No | Not specified |
| Medical exam required | No | Not specified |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Days in country, per year | Not specified | 183 days |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Yes, full treaty |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Portugal NHR 2.0 (IFICI — Tech & Creative Workers) |
|---|---|---|
| Health insurance required | No (No insurance requirement) | Yes |
| Local bank account required | Yes | No (No local bank account needed) |
| Apostille required | Yes | Not specified |
| US FBI background check required | Not specified | No |
| Certificate of coverage required | No | No |