Ferenc Tihánszky

In 2024, Turkish nationals submitted 1,173,917 Schengen visa applications, one of the highest volumes globally, with a refusal rate of 14.5%\[1\]. Processing timelines and refusals disrupted travel plans, at times resulting in missed business meetings and cancelled procurement trips. Against this backdrop, the Hungary Golden Visa offers a predictable alternative to high-net-worth individuals. It grants a 10-year residence permit in exchange for an investment starting at €250,000. As the permit requires no minimum stay, Turkish nationals may live in their home country while travelling across 29 Schengen states without repeated visa applications.  The Golden Visa also provides the option to relocate to Hungary, access to European healthcare and education, and a potential path to EU citizenship.

The number of operating companies and entrepreneurs in Hungary keeps rising. As of early 2026, Hungary has 1.8 million enterprises in total\[1\], including 15,888 foreign-controlled affiliates\[2\]. Foreign entrepreneurs can obtain a Hungarian residence permit by registering a company and becoming a founder. This guide covers eligibility, company types, taxes, and the key practical steps and risks.

With Europe’s lowest corporate income tax rate of 9%, a simplified flat personal income tax of 15%, Hungary stands out as one of the top jurisdictions for tax optimisation. In this detailed guide, we explore key aspects of Hungary’s tax residency rules and beneficial tax regimes such as the KATA. Also, we highlight how residency options, including the Hungary Golden Visa, can further amplify your tax savings and streamline international business operations.