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.