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Expats moving to Hungary will find that it is the perfect mix of Eastern and Western European cultures. Not only is Hungary one of the world’s most popular tourist destinations, attracting nearly 10 million tourists every year, but it is also a popular destination for expats employed in the booming private sector that sprung up after its transition to a market economy in the 1990s.
Some industries in Hungary have experienced a peak in foreign investment, including information technology, luxury vehicle production and renewable energy systems; smaller areas of foreign investment include the textile and food industries. High-end tourism is an ever-expanding industry in Hungary.
Hungary has well-developed road, rail and water traffic networks. Budapest has an easy-to-use metro system, including four lines covering most of the city. The Hungarian healthcare system has its ups and downs; while good quality public healthcare is available and participation in the government’s insurance scheme is compulsory, many expats choose to take out private insurance as well.
The official language of educational instruction in Hungary is Hungarian (Magyar). However, there are a number of international schools in Budapest that offer English-language education.
Hungary is a wonderful expat destination with a stable economy and a government intent on expansion and change, particularly when it comes to adopting European Union guidelines and requirements.
Hungary has a continental climate, with warm summers and chilly winters. While many expats may find the colder months of the year quite trying, the warmth of the Hungarian people definitely makes up for it. Hungary is home to some of Europe’s friendliest people, offering both abundant economic opportunities and a relaxed pace of life that appeals to expats seeking a balanced life abroad.
Population: Nearly 10 million
Capital city: Budapest (also largest city)
Neighbouring countries: Hungary is bordered by Slovakia to the north, Romania to the east, Serbia to the south, and Croatia and Slovenia to the southwest.
Geography: Hungary is a land-locked country. The Danube and Tisza rivers are the major defining features of the country's geography, splitting it into three sections. The first of these is Dunántúl, which has a hilly terrain with some small mountains. The other two areas, Duna-Tisza köze and Tiszántúl, are characterised by the Great Hungarian Plain.
Political system: Unitary parliamentary constitutional republic
Major religion: Roman Catholicism
Main languages: Hungarian, also known as Magyar, is the official language in Hungary, with Romanian and German being co-official minority languages. English is also spoken by a small percentage of the country and business dealings are commonly done in English.
Money: The Hungarian Forint (HUF) is divided into 100 fillérs. Fillérs, however, are now out of circulation. There are plans to replace the forint with the euro in the future. To open a bank account, expats will most likely need to present a residence permit and address card, though some banks may allow accounts to be opened with a passport only. ATMs are easily accessible.
Tipping: Tipping is customary in Hungary. Ten to 15 percent is usually appropriate.
Time: GMT +1 (GMT +2 from late March to late October).
Electricity: 230 volts, 50 Hz. European style two-pin plugs are standard.
Internet domain: .hu
International dialling code: +36
Emergency numbers: 112 (general emergencies), 104 (ambulance), 105 (fire), 107 (police)
Transport and driving: Cars drive on the right-hand side in Hungary. There is a well-developed public transport system including a metro system in Budapest. Most parts of the country are easily accessible by car or public transport.