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01
We are pleased to announce that our client has been approved for a Hungarian Card (Magyar kártya) for a period of three years.
This card is available to:
- Hungarian company owners
- Top managers of Hungarian organizations
- Highly qualified specialists
You also have the opportunity to reunite with your family, obtain permanent residence in Hungary, and even become a citizen.
We have gone a long way together – from the White Card to the Hungarian Card. Along the way, we had to adjust the grounds of the application several times and develop new cases in accordance with the changes in the migration legislation.
Now our client is in the final stage of obtaining a residence permit and further Hungarian citizenship.
Stages of the process:
- Submission of the application for the Hungarian card: July 12, 2024
- Passing biometrics: July 25, 2024
- Positive decision – approval of the residence permit for three years: September 13, 2024
Heartfelt congratulations on your three-year residence permit! Thank you for your dedication to our company IST Hungary, your patience in waiting for the result and your trust.
We continue to work hard to serve your Hungarian company.
The document is published with the consent of our client.
02
Congratulations on receiving your Permanent Residence Permit for 10 years!
The permanent residence permit, the Hungarian permanent residence cards and the lakcímkártyas have arrived and now we can tell you about it.
We knew that the Hungarian migration law would change at the beginning of 2024. In December 2023, we immediately contacted all clients we had been assisting with business in Hungary since 2020 and strongly advised them to apply for permanent residency under the previous law as soon as possible, as many of them have adult children (students).
Several businessmen and their families, under our guidance, urgently began to collect the necessary package of documents to apply for a national residence permit in Hungary.
In the process of applying for a residence permit in Hungary, we encountered unexpected difficulties. At one point, the website of the Migration Office stopped working, probably due to an influx of applicants trying to submit documents under the previous law. We and our clients had to reformulate the document packages and submit them in person to the Migration Office, where there were huge queues.
On December 30, 2023, the website of the Migration Service started working again, but the previously closed cases were not saved. This meant that everything had to be submitted again, now online. From December 30 to December 31, we literally did not leave the office to submit all the applications on time.
The date for the submission of biometric data was set at the time of the first personal submission of documents. As a result, some clients had to interrupt their winter vacations in Bali and Thailand to fly to Hungary in January to undergo this procedure. Despite all the difficulties, it was worth it – all the procedures were completed on time and the clients were able to maintain the possibility of obtaining a residence permit under the previous rules.
On March 1, 2024, our clients began receiving requests for additional documents, some a little later. Together with our clients, we promptly prepared and sent responses to all additional requests. Already on April 23, 2024, the first positive decision on permanent residence was received. The permanent residence card was received on April 30 and the lakcímkártya on June 5. Other families received positive decisions on May 7, 2024, permanent residence cards on May 23, etc.
As a result, several businessmen and their family members, including their adult children, all citizens of the Russian Federation, whom we have been accompanying on business since 2020, have successfully obtained 10-year Hungarian permanent residence permits. The next goal is to obtain Hungarian citizenship.
Hungary welcomes businessmen and investors from all over the world!
Hungary issues settlement permits in record time to those who make a significant economic contribution to the country.
Three years of business have flown by. In fact, in 2 months, in March and April (in January and February the Migration Office was not working), our clients received positive decisions and permanent residence cards for 10 years. This paves the way to Hungarian citizenship, which they will receive soon.
Once again, we congratulate our customers on this important step! We are proud of the result we have all worked hard to achieve. We all did a great job!
Permanent residence cards are published on our website with the consent of the owners.
03
We’d like to share with you an interesting case from our practice. On March 1, 2024, our client received a positive decision regarding the Residence Permit for Financially Independent Persons (FNP).
A young man approached us at IST Hungary with a request to change his status from a White Card (Fehér kártya), designed for digital nomads, to a new basis – financially independent person (type “other purposes”). At the time of the application, he had been living in Hungary for several months.
The documents for the change of status were submitted at the end of October 2023, and a supplementary application was received in December. Due to the migration authority’s transition to the new legislation for third-country nationals, the processing of the case was suspended for two months. During this time, we accompanied the client to the migration authority twice to extend his stay.
On March 1, 2024, after a long wait, our client successfully obtained a one-year Hungarian residence permit as a financially independent person under the “other purposes” basis.
However, during the waiting period his plans changed. He now intends to change his residence permit basis from FNP to business, open a new Hungarian company, use our accounting services for its maintenance, and arrange banking consulting with full support for his business from our company, IST Hungary.
Congratulations again! We all did our best! We’re all doing great!
04
Our cooperation with Coffeetuned started in the summer of 2021. At first, everything followed the usual pattern: we developed a roadmap and a plan to move the business and two families with small children to Hungary.
Before that, only Alexander had visited Hungary, and that was in his childhood, on a tour, while Evgeny had never been to Europe.
In parallel with the preparation of documents for the residence permit, the partners also signed a contract with our company for accounting services for their Hungarian company.
Initially, the plan was for the guys and their families to apply for a D visa from Moscow, but changes in the global and political situation changed their plans. First they prepared from Kazakhstan, then from Armenia, and in March 2023 they submitted their documents in Georgia. Already in May 2023, the partners received a positive decision and the coveted D visas, and in June they picked up their residence cards, which were issued for two years. Alexander and Evgeny had already left us nice words of gratitude, which we published on our website and Telegram channel. You can read them here, here and here.
Arina, together with her team of lawyers, experts and specialists, was in charge of this case. They did an excellent job! Despite the complexity of the case, which involved four adults and three young children (one of whom was a schoolgirl, requiring an additional package of documents), all the participants received two-year residence permit cards.
We were worried about the guys, as their case was slightly delayed due to reasons beyond their and our control. The main thing is that they now have the coveted residence permit cards in their hands. This marked the beginning of a long and interesting life in Hungary, where their children will have a peaceful and happy life, and their Hungarian company will prosper and have good profits.
You can taste the best coffee in the heart of Budapest and get recommendations from the guys about working with us and our company, IST Hungary, at https://t.me/coffeetuned
In the photo: Alexander Zaedinov and Evgeny Ershov, co-founders and co-owners of COFFEETUNED coffee, and the CEO of IST Hungary, Timur Igamnazarov.
Address of the COFFEETUNED coffee shop: Budapest, Jókai u. 24, 1066 Hungary.
05
Ilya and his colleague approached our Hungarian consulting company, IST Hungary, to open business bank accounts for their companies in one of the Hungarian banks.
The verification process for the first Estonian company took three weeks due to holidays in Hungary, otherwise the process would have been faster. We conducted numerous consultations and negotiations with the bank, ensured that all requirements were met, and completed and prepared a large number of documents. These efforts resulted in a positive outcome: the commercial account was opened.
The second Estonian company is currently in the verification phase, but we are confident that it will also be successfully completed.
This case is interesting because the Hungarian bank opened a commercial account for a company whose founder and director are non-residents of Hungary and do not have Hungarian documents.
Ilya, thank you for your feedback! It was a pleasure to work with you. Until next time! Good luck with your business!
Best regards,
The IST Hungary Team
06
We have received another very good review of our work.
Thank you for your appreciation!
We tried very hard and were worried about you.
You have done well, you have come a long way and soon we will meet in Budapest!
Once again, please accept our sincere congratulations!
07
A new Russian investor has received a two-year Hungarian residence permit.
In January 2023 we registered a Hungarian company for our partner. The preparation process was quick: all necessary documents were collected within three weeks and the application was submitted in Moscow at the end of January.
In March 2023, our partner received a D visa and a two-year residence permit.
Congratulations!
08
Case of obtaining a Hungarian residence permit for a Russian citizen and his family members through business.
Our partner and his family members were approved for a Hungarian D visa in record time. We registered a company for our partner in January 2023, and within three weeks we jointly prepared the documents for a long-term residence permit application.
The application for a Hungarian residence permit was submitted at the end of February 2023 and a positive decision was received from Budapest in March. The entire residence permit process was handled on a turnkey basis and took just over a month.
Our team congratulates our partners on their speedy relocation to our beautiful Hungary. It’s a pleasure to work with you and we look forward to continuing our cooperation in serving your new company.
Thank you for choosing us!
09
Beginning
- In April 2022, two company founders approached us with the following objectives
- Registration of a Hungarian Kft. company and advice on opening a business bank account
- Submit the documents directly to the Migration Office in Budapest. Our team convinced the Migration Police to allow our partners to apply for a residence permit in Hungary, thus bypassing the need for a D visa. According to the law, Russian citizens are required to submit documents at their place of permanent residence and obtain a D visa. This is a unique case!
Process – Result
- By the end of April 2022, a Hungarian company was registered
- A contract for accounting and business services was signed
- By mid-May 2022, all necessary documents for obtaining a long-term residence permit were submitted.
- By the end of June 2022, the two company owners received Hungarian residence permits.
10
Beginning
In March 2022 a team of investors approached us with the following objectives
- Registration of a Hungarian Kft. type company
- Opening commercial accounts with Hungarian banks
- Signing an accounting services contract for the new Hungarian company
- Advice on obtaining a 2-year residence permit for the team of investors and company directors
Process – Result
- A new Hungarian company was registered in March 2022;
- Contracts for accounting services and business consulting for the new Hungarian company were signed;
- A contract for business services was signed with our Hungarian company, IST Hungary;
- By the end of July 2022, all necessary documents for obtaining a long-term residence permit were submitted to the Hungarian Consulate in the Russian Federation;
- At the beginning of September 2022, the investors received a Hungarian D visa;
- In October, the investors received 2-year residence permit cards.
11
Beginning
In September 2022, a new Hungarian company approached us with a request for help in correcting documents and resolving a situation that had arisen. The client was in distress as they had experienced and expected a rejection of their D visa application.
- The company had been assisted in its establishment by another company which, for a small fee, had only provided instructions on how to submit documents for a residence permit. However, the client had received no further assistance or guidance.
- We provided the client with consultations on business immigration issues for the company’s founder and general director (residents of the Russian Federation);
- We also provided legal services and consultations on the preparation of employment contracts with citizens of non-EU countries, as well as with Hungarian citizens;
- After careful analysis of the documents, we came to the conclusion that the documents had been collected incorrectly and that important documents necessary for obtaining a Hungarian residence permit were missing.
Process – Result
In response to the Hungarian company’s request, we provided the following consulting services:
- In September 2022, we conducted a consultation with our immigration expert, accountant and lawyer and developed a plan for immigration and business opportunities in Hungary;
- Conducted consultations on the preparation of missing documents to expedite the process of obtaining a residence permit for the founder, director and their family members. Without these documents, the D visa would not have been approved!
- We signed a contract for accounting and business consulting services;
- We prepared options for employment contracts for the employees of the new Hungarian company to ensure the possibility of hiring employees from different countries around the world;
In November 2022, the company’s founder, CEO and their family members received residence permits.
12
Case of obtaining a 2-year Hungarian residence permit for Russian citizens through work and business.
- An investor approached us with a request to relocate his business to Hungary.
- At the first stage we helped to register a new Hungarian company.
- The founders and investors of the company obtained residence permits in Hungary and relocated their employees (Russian citizens), who received D visas and residence permits for work for 2 years.
- The documents were submitted in October 2022 and the D visa was received at the end of December 2022.
- All the employees, investors, owners of the company and all their family members received with our support and constant consultations long-term residence permits for several years.
13
Beginning
In November 2021, the representatives of the well-known company Broniboy.ru approached our company, IST Hungary, with a request to provide consulting services for the registration of a new company in Hungary, in the city of Budapest.
Since December 2021 we have been providing accounting services for Broniboy.ru. In addition, our clients requested consultations on the following issues:
- Specifics of relocating a company to Hungary;
- Organization of office rental for the establishment of a European Union headquarters in Budapest;
- Relocation of company founders, employees and top managers with the possibility of obtaining a Hungarian residence permit;
- Legal consultations with our Hungarian lawyers.
Process – Result
- Within one week, a new Hungarian company was successfully registered;
- Provided comprehensive advice on the relocation of the business and employees to Hungary;
- Signed a contract for accounting and business services;
- The company’s founders, directors and their families obtained initial long-term residence permits in Hungary for 2 years.
Reviews
Reviews on the provision of the “White card” service (a residence permit on a “white card” / a digital nomad visa)
Reviews on the provision of a residence permit for the purpose of “Family reunification”
Reviews on the provision of services and consultations on
“Student residence permit in Hungary”
Reviews from our partners about business consulting
I had the pleasure of Timur working with us at FastForward.ai. As the Adviser, Timur was very professional in the sales and negotiation processes with top global companies.
I would especially note his sociability, responsibility, sense of humor and intelligence.
I enthusiastically recommend Timur as a leader skilled in the ability to connect with and build long-term successful relationships with clients and their decisions makers.
I would like to inform you that we have conducted a cashback program with Home Credit and Finance Bank and it has increased our sales during the implementation period. I would like to thank Timur IGAMNAZAROV for his contributions.
Timur is professional and effective in his approach to work and is highly respected by his colleagues and partners. It works well, both as a team and independently. He also personally developed several unique sales techniques and launched a number of marketing activities, which led to a significant increase in profits, both of Home Credit and Finance Bank and its partners.
Timur is someone who takes product sales and marketing seriously. He has an extensive knowledge market and actively develops new solutions for optimizing existing ideas.
At any given time, he is ready to take on as many responsibilities that he can, as pressure is not foreign to him. He organized a few events in the Moscow office and helped to sell us telecommunications equipment. He is an excellent team worker and a true, responsible leader.
I would like to say thank you very much for Timur that we have partnerships a cash back program "Polza" & instalment plan card "Svoboda" between Home Credit and Finance Bank and LG. Our cooperation has increased our sales results. I highly appreciated Timur professional skills in sales and marketing, ability to execute in a partnerships environment, his hands-on attitude. Timur is an open minded team player, always supporting his colleagues and partners. I would like to thank Timur Igamnazarov for his contributions!
Timur is a very energetic sales professional, with deep understanding from the markets he covers. He worked in my sales team helping us to grow our business to the next level. Not only he is professional hunter, but he is also a person who makes the working fun for everyone. I can highly recommend Timur to any growth driven sales teams to help to close deals and from revenues.
Thank you letters
