Hungary
Citizen By Investment Hungary
About Hungary
The country lies in Central Europe, bordered by Austria to the north, Slovakia to the north and northeast, Ukraine to the east, Romania to the southeast, Serbia and Croatia to the south, Slovenia to the southwest, and Austria and Slovakia again to the west.
Citizen By Investment Hungary
Country Overview
Download the country factsheets from the residence and citizenship tabs to find out more about the country’s programs. Alternatively, contact us directly for any specific questions.
Country Information
Greece’s warm Mediterranean climate, desirable lifestyle, cosmopolitan cities, and vital industries have led many wealthy individuals and families to make this country their second home.
Population:
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9.7 million
Languages:
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Hungarian (official), English, German, French, Italian, and Russian are widely spoken.
Economy:
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high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index
Currency:
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Hungarian forint (HUF)
Citizen By Investment Hungary
Living in Hungary
It is a beautiful country with a rich history and culture. The capital, Budapest, is a vibrant city with a lot to offer visitors. There are also many other exciting cities and towns to explore and stunning countryside.
The cost of life in Hungary is very affordable, making it an excellent place to live. The inhabitants are warm and friendly as well as the cuisine is delicious.
Hungary’s economy is doing well, and there is a lot of competition among businesses. This is because Hungary is becoming more attractive to foreign investors. They have a well-educated workforce and have made changes to improve the business environment.
Three industries doing exceptionally well in Hungary are agriculture, manufacturing, and mining. Agriculture is a big part of the economy, and Hungary is one of the world’s largest producers of wheat, corn, sunflowers, and sugar beets. Manufacturing is also essential; they make electronic equipment, pharmaceuticals, and cars. Finally, mining is another critical industry, and Hungary is one of the biggest producers of copper, bauxite, and Uranium.
Other important industries include:
- Tourism
- Information and technology for communication
- Logistics and transportation
- Construction
- Retail
- Financial services
Hungary is a great place to live, work, and invest. The country has much to offer and is a great place to start a new life.