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New Residence Permit for “Digital Nomads”

New Residence Permit for “Digital Nomads”

Hungary
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In November 2021, a bill on the amendment of Act II of 2007 on the Entry and Stay of Third-Country Nationals in Hungary was accepted by the Parliament. The purpose of the modification is to create a new type of residence permit for “digital nomads” and it will enter into force on 1 January 2022.

The digital nomads are remote workers who travel different locations on a regular basis and use modern technology to perform their work from anywhere in the world. The new residence permit for digital nomads (so-called ‘White Card’) will allow third country nationals to live in Hungary while they work remotely for their foreign employer.

The rights relating to the new residence permit will suit to the lifestyle of digital nomads; its validity period will be shorter compared to other types of residence permit (it will be valid only for one year and might be renewed for an additional year); and the relatives of a person holding digital nomad residence permit will not be entitled to apply for the residence permit for family reunification. If the holder of digital nomad residence permit will be entitled to stay in Hungary on any other basis (e.g. working for a Hungarian company or pursuing gainful activity in Hungary), it will be necessary to change the type of the residence permit accordingly.

The purpose of the new regulation is to support tourism and to give a new boost to IT sector by attracting third country professionals to Hungary.

By Eszter Ila-Horvath, Attorney at Law, KCG Partners Law Firm

Hungary Knowledge Partner

Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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