If you have been considering the idea of starting a new life in Budapest, you might need to brush up on some of the essential info for moving to Hungary. On this page, we will be taking a quick look at the country facts and stats, which can help you integrate into Hungarian life with ease.
Basic info for moving to Hungary
Population
Hungary is home to nearly 10 million people
Capital City
Budapest is the largest city in Hungary and also the capital city
Neighbouring Countries
Bordered by Slovakia to the north, Romania to the east, Serbia to the south and Croatia and Slovenia to the southwest, Hungary is ideally situated in the centre of the EU.
Geography
Defining the country’s geography, the Danube and Tisza rivers are prominent features of the land-locked country that is Hungary. The country is divided into three sections, which include the Danántúl, Duna-Tisza köze and Tiszántúl, which all spread across the Great Hungarian Plain.
Official Languages
Hungarian is the official language of Hungary. Romanian and German are co-official minority languages that are widely spoken in the country. A small percentage of Hungarian locals speak English, but business dealings in Hungary are mainly done in English.
Currency
Hungary’s currency is the Hungarian Forint (HUF). The country plans to replace the forint with the EU Euro in the near future. As an expatriate living in Hungary, you will most likely need a residence permit and address card to open your Hungarian bank account.
Driving
In Hungary, they drive on the right-hand side of the road. The country’s public transport system is well-developed and very reliable. In Budapest, the need for owning a vehicle is almost non-existent since there are a wide variety of options on offer such as the metro system, buses and trams. Should you prefer to move to Hungary and drive your own car, you will have to convert your foreign driving licence to a Hungarian driver’s license and follow the Hungarian driving laws.
Taxes
Tax is always a consideration when moving abroad, and as such, it should form part of the research you do pertaining to the info for moving to Hungary. Although the Hungarian tax system might seem complicated, it is relatively simple for expatriates to register for income tax. You can learn more about the basics here.
Accommodation and Cost of Living
The cost of living in Hungary is very low when compared to neighbouring EU countries. Most expatriates find that purchasing property in the country and settling into a new life is much easier in Hungary than it is elsewhere in the world.
Need more help?
Here at Hngary.com, our team of expert immigration lawyers can help you obtain all the essential info you need for moving to Hungary. Be sure to get in touch with us today to learn more about our services and how we can help turn your immigration dreams into reality.