Hungary Sole Proprietor (Egyéni Vállalkozó) Residency vs Switzerland Self-Employed Residence Permit
Hungary freelancer route: $159 fee, 12 months. Switzerland freelancer route: 12 months.
Built for: Freelancers.
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
- Duration
- 12 months
- Processing
- 12-12 weeks
Next steps
Hungary Sole Proprietor
Switzerland Self-Employed Residence
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Side by side
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Switzerland Self-Employed Residence Permit
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
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 permanent residency
Years to citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Switzerland Self-Employed Residence Permit |
|---|---|---|
| Visa type | Freelancer | Freelancer |
| Status | Active | Active |
| Initial duration, months | 12 | 12 |
| Renewable | Yes | Yes |
| Built for | Freelancers, Digital nomads, Remote employees, FIRE, Retirees | Freelancers |
| 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 | Switzerland Self-Employed Residence Permit |
|---|---|---|
| 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 | Switzerland Self-Employed Residence Permit |
|---|---|---|
| Income sources accepted | Business income | Not specified |
| Employment types accepted | Business owner, Self-employed | Self-employed |
| Local work permitted | No | No |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Switzerland Self-Employed Residence Permit |
|---|---|---|
| Processing time, minimum (weeks) | 1.1 weeks (Fastest known processing) | 12 weeks |
| Processing time, maximum (weeks) | Not specified | 12 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 | Switzerland Self-Employed Residence Permit |
|---|---|---|
| Leads to permanent residency | No | Yes (Path to permanent residency) |
| Years to permanent residency | Not specified | 5 years |
| Years to citizenship, PR plus naturalization | Not applicable | 15 years |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Switzerland Self-Employed Residence Permit |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency | Switzerland Self-Employed Residence Permit |
|---|---|---|
| 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 | 11 items listedSee full list on the visa page |