Schengen Visa News

Hungary Introduces New Residence Permit for Digital Nomads

The Hungarian government has introduced a new digital residence permit for nomads called the White Card, which allows foreigners to live in Hungary while working for a company outside that country.

According to the Hungarian government announcement, the new residence permit is limited to a maximum of one year; However, it can be extended once for an additional year, TheSchengen.com reports.

Foreigners who meet the following requirements can benefit from the White Card:

To have a valid employment contract in countries outside Hungary To have a share in a company with a profit in a country other than Hungary. The applicant does not engage in profitable activity during his stay in Hungary and does not own a stake in any of the companies located in Hungary

In November, the Hungarian Parliament approved the launch of a temporary residence permit that benefits digital nomads, similar to other European countries that already offer such capabilities to digital nomads who are citizens of countries outside the European Union.

Third-country nationals whose “use of advanced digital technology allows them to conduct business from anywhere” are eligible to apply for the “White Card”, which allows residency in Hungary for one year with the possibility of extending it for an additional year.

With a vote of 134 in favor and 54 against, Hungary approved a white label law in November.

Besides Hungary, several other European countries have started offering such capabilities to digital nomads to make the travel process more attractive, useful and flexible.

Recently, authorities in Spain announced that they would introduce a new scheme in order to attract digital nomads after the measures were approved by the government. Therefore, non-EU citizens will be eligible to live in Spain while working for companies and clients located in other EU countries and around the world.

The authorities in Romania also announced that the country plans to introduce a digital visa system for Bedouins in order to allow foreigners to live in Romania for a specified period while working remotely for companies outside this region.

In addition, according to Impact Hub Bucharest co-founder and director of business development Vlad Kraiuvino, such a scheme would bring more benefits to holders of this type of visa compared to other similar programs offered by other European countries after the cost of living in other countries is higher compared to Romania.

Besides Spain and Romania, the following countries also offer great opportunities for digital nomads: France, Portugal, Germany, Croatia, Malta, Estonia, Greece, and the Czech Republic.

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Source: schengenvisainfo.com

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