Hungary is becoming an increasingly popular destination for expatriates drawn by the country’s culture and architecture. Whether you want to move to Hungary for work, study, or retirement, this exciting country offers plenty of opportunities to explore new horizons.

It is important, however, to consider the challenges that may arise with a move to Hungary. The following guide covers the most crucial aspects you need to consider.

Visa and Residency Requirements

If you are from a country that belongs to the EU (European Union) or EEA (European Economic Area), you do not need a visa to live or work in Hungary. However, you must register with the local immigration office if your stay exceeds 90 days.

Non-EU/EEA citizens usually need a long-term visa (D-visa) to stay longer than three months. If you need a D-visa, you must apply to the Hungarian consulate in your home country.

Once in Hungary, you must get a residence permit for a long-term stay (if you are a non-EU/EEA citizen). The type of permit you get depends on your purpose for being in the country. Get all the necessary documents together before you apply for this permit. These documents include health insurance, proof of financial resources, and proof of accommodation.

Housing and Accommodation

Finding a place to live depends on your destination. Budapest, Hungary’s capital, is an appealing choice for many because of the job opportunities. However, housing costs are higher here than in the surrounding areas.

If you are considering buying property, there are legal requirements to consider. Non-Eu citizens must get permission and an acquisition permit from the local government before trying to buy property. There are no restrictions for EU citizens.

Cost of Living

Hungary is an affordable place to live, even if Budapest is more expensive than other regions. You will pay good prices for groceries and public transportation. The transportation network in Budapest is top-class and offers trams, buses, and metro lines.

Healthcare is also affordable in Hungary, and you can choose between public and private care. As an EU citizen, you can use the EHIC (European Health Insurance Card) to access the public healthcare system. If you want more comprehensive coverage, private health insurance is advised.

Healthcare and Education Systems

Health insurance is mandatory for long-term expatriates living in Hungary. Private health insurance is recommended if you want to avoid long hospital queues.

Hungary also has a range of international schooling options that follow international curricula. There are public education options where lessons are mainly given in Hungarian.

Taxation and Employment

Hungary has a flat income tax rate of 15%, which is low compared to other EU countries. Working in Hungary means your taxes will be deducted from your salary. If you are self-employed, you must register on the KATA tax system and manage your own tax payments.

Hungary has several job opportunities, especially in industries like IT, finance, and engineering. Remember that you may need employer sponsorship for a work permit if you are a non-EU citizen.

Living in Hungary Is a Rewarding Experience

Hungary offers a unique opportunity to experience life in a European country rich in natural beauty, culture, and history. If you prepare your move well, the transition can be an incredibly enriching experience.

Sources

https://immigrantinvest.com/blog/hungary-immigration-en

https://immigrantinvest.com/blog/permanent-residence-in-hungary-en/

https://www.consilium.europa.eu/en/infographics/eu-visa-agreements-with-non-eu-countries/

https://corvinus-university.dreamapply.com/news/new/8-applying-visa-and-residency-permit-hungary–our-tips

https://visaguide.world/europe/hungary-visa/long-stay/

https://crwwgroup.net/en/services/hungarian-residence-permit/

https://dailynewshungary.com/housing-market-high-costs-hungarian-cities/

https://www.april-international.com/en/destinations/europe/health-insurance-in-hungary

https://www.patientsrights.hu/the-european-health-insurance-card.html

https://schengen.news/jobs-that-increase-foreigners-chances-of-getting-a-hungarian-work-visa/