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Entry and Residence of Third Country Nationals - Transitional Provisions

Entry and Residence of Third Country Nationals - Transitional Provisions

Hungary
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As of 1 March 2024, it possible to submit applications for residence permit at the Immigration Authority in accordance with the new regulation, i.e. the Act XC of 2023 on the General Rules for the Entry and Residence of Third-Country Nationals.

If the residence permit expired between 1 January 2024 and 29 February 2024, its validity is extended automatically until 30 April 2024, so it is considered as if it had been issued with a validity period of 30 April 2024.

The holders of a residence permit valid on 1 January 2024 may apply for a new residence permit under one of the new titles provided for in the new act. For instance, the holders of the residence permit for gainful activity can apply for residence permit for guest self-employment. In the case of a residence permit for the purpose of employment, the third country national can choose from several types of work permit, e.g. permit for employment purposes, guest worker residence permit, Hungarian Card etc.

The application can be submitted maximum 45 days before the expiry date of the residence permit. If the residence permit expires between 1 March and 1 April 2024, the application for a residence permit must be submitted no later than the last day of the period of validity of the residence permit. According to the general rule, the validity period of the new residence permit will be calculated from the date of submission of the application, which means that the previous stay in Hungary shall not be calculated to the validity period of the new residence permit.

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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