Estonia e-Residency + OÜ Company Residency vs Hungary Sole Proprietor (Egyéni Vállalkozó) Residency
Estonia freelancer route: $137 fee, $1,370 a month. Hungary freelancer route: $159 fee, 12 months.
- Estonia e-Residency +: $1,370 a month, $2,056 less than Hungary Sole Proprietor.
- Estonia e-Residency +: $137 to apply, $22 less than Hungary Sole Proprietor.
- Hungary Sole Proprietor: about 1.1 weeks, 17.2 weeks sooner than Estonia e-Residency +.
Built for: Digital nomads, Freelancers and Remote employees.
- Income
- $1,370/mo
- Fee
- $137
- Processing
- 2-34.6 weeks
- Income
- $3,426/mo
- Fee
- $159
- Duration
- 12 months
Next steps
Estonia e-Residency +
Hungary Sole Proprietor
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Side by side
Estonia e-Residency + OÜ Company Residency
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)
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
Social Security counts as income
Pension income recognized
Local work permitted
Health insurance required
Local bank account required
Apostille required
US FBI background check required
Certificate of coverage required
Leads to permanent residency
Years to citizenship, PR plus naturalization
Tax regime
US tax treaty
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Visa type | Freelancer | Freelancer |
| Status | Active | Active |
| Initial duration, months | Not specified | 12 |
| Renewable | Yes | Yes |
| Built for | Digital nomads, Freelancers, Remote employees | Freelancers, Digital nomads, Remote employees, FIRE, Retirees |
| Minimum age, years | Not specified | 18 |
| Practical minimum age, years | Not specified | 18 |
| Nationality restrictions | Open to all nationalities | Non-EU nationals only |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Minimum income, per month | $1,370 (Lowest known income requirement) | $3,426 |
| Minimum investment, one time | Not applicable | Not applicable |
| Investment types | Not applicable | Business creation |
| Application fee, one time | $137 (Lowest known fee) | $159 |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Income sources accepted | Not specified | Business income |
| Employment types accepted | Business owner | Business owner, Self-employed |
| Social Security counts as income | No | Not specified |
| Pension income recognized | No | Not specified |
| Local work permitted | No | No |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Processing time, minimum (weeks) | 2 weeks | 1.1 weeks (Fastest known processing) |
| Processing time, maximum (weeks) | 34.6 weeks | Not specified |
| Interview required | No | No |
| Medical exam required | No | No |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Leads to permanent residency | No | No |
| Years to citizenship, PR plus naturalization | Not applicable | Not applicable |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Tax regime | Not specified | Worldwide |
| US tax treaty | Not specified | Not specified |
| Field | Estonia e-Residency + OÜ Company Residency | Hungary Sole Proprietor (Egyéni Vállalkozó) Residency |
|---|---|---|
| Health insurance required | Yes | No (No insurance requirement) |
| Local bank account required | Not specified | Yes |
| Apostille required | No (No apostille needed) | Yes |
| US FBI background check required | No | Not specified |
| Certificate of coverage required | No | No |