Moving to Hungary? | Fundamentals of Living in Hungary
All You Need to Know About Living and Moving to Hungary
Ever dreamed of living in Hungary? There you are now in the country of Magyars and wondering what is in it for you now that you are moving to the Republic of Hungary (In hungarian Magyar Köztársaság literally means Hungarian Republic).
Hungary has probably the best local cuisine in Central Europe, and one of the most turbulent histories.
Budapest, the capital, is one of the places where the transition east-west finds its most striking contrasts. We will in the coming weeks add more information about the city of Budapest.
Hungary is a landlocked country in Central Europe, bordering with Slovenia, Slovakia, Serbia, Croatia, Austria, Romania and Ukraine. Hungary has a continental climate, which means cold and humid winters and warm to hot summers. Pécs and the neighbouring area are slightly warmer than the rest of the country.
Hungarian landscape is mostly plains and hills, split in two by its major river, the Danube (Duna in Hungarian). Lake Balaton, Lake Hévíz (Hévíz Spa) and the artificial Lake Tisza (Tisza-tó) are the other large body of waters present in the country
The highest peak is Kékes (1014 m) close to the north of the country along Slovakian border.
Hungary is part of the European Union since the 1st of May 2004 and the country plans to adopt the euro currency before 2014.
Hungary economic growth continues with a private sector accounting for more the three quarters of the country GDP and with the input of one third of all direct foreign investment reaching Central Europe. Foreigners ownership of and investment in Hungarian firms are widespread despite a reduced trust in Hungarian economy of the recent years. Inflation and unemployment, which have been on the rise in the past few years, are expected to rise further in the near future.
In the early 1990s Hungary large number of North American expats arrived in Hungary and you can feel this presence in local newspapers, websites, literary scenes and other cultural and business opportunities - all in English. Because of the reduce interests of international investors many expatriates have opted for Warsaw, Prague or even Bratislava. Hungarian bureaucracy had not improved since the 19th century and you better prepare for lots of red tape.