Bulgaria Digital Nomad Visa vs Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Bulgaria digital nomad route: $114 fee, 12 months. Hungary freelancer route: $159 fee, 12 months.
- Hungary Sole Proprietor: $3,426 a month, $2,283 less than Bulgaria Digital Nomad.
- Bulgaria Digital Nomad: $114 to apply, $45 less than Hungary Sole Proprietor.
- Hungary Sole Proprietor: about 1.1 weeks, 27.1 weeks sooner than Bulgaria Digital Nomad.
Built for: Digital nomads, Remote employees and Freelancers.
- Income
- $5,709/mo
- Fee
- $114
- Duration
- 12 months
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
Next steps
Bulgaria Digital Nomad
Hungary Sole Proprietor
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Side by side
Bulgaria Digital Nomad Visa
Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
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
Maximum income from local work, %
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 citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Visa type | Digital nomad | Freelancer |
| Status | Active | Active |
| Initial duration, months | 12 | 12 |
| Renewable | Yes | Yes |
| Built for | Digital nomads, Remote employees, Freelancers | Freelancers, Digital nomads, Remote employees, FIRE, Retirees |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | Not specified | 18 |
| Nationality restrictions | Non-EU nationals only | Non-EU nationals only |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Minimum income, per month | $5,709 | $3,426 (Lowest known income requirement) |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Not applicable | Business creation |
| Application fee, one time | $114 (Lowest known fee) | $159 |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Income sources accepted | Not specified | Business income |
| Employment types accepted | W-2 employee, 1099 contractor, Business owner, Self-employed | Business owner, Self-employed |
| Local work permitted | No | No |
| Maximum income from local work, % | 0% | Not specified |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Processing time, minimum (weeks) | 4.3 weeks | 1.1 weeks (Fastest known processing) |
| Processing time, maximum (weeks) | 52 weeks | Not specified |
| Where to apply | Apply first for Type D long-term visa at Bulgarian embassy/consulate in your home country or legal residence. After...See where to apply on the visa page | Not specified |
| Interview required | Yes | No (No interview required) |
| Medical exam required | No | No |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Tax regime | Worldwide | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Bulgaria Digital Nomad Visa | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Health insurance required | Yes | No (No insurance requirement) |
| Local bank account required | No (No local bank account needed) | Yes |
| Apostille required | Yes | Yes |
| US FBI background check required | No | Not specified |
| Certificate of coverage required | No | No |
| Required documents | 8 items listedSee full list on the visa page | Not specified |