Hungary

Hungary

Hungary, officially the Hungarian Republic, is a landlocked country in Central Europe. It shares borders with Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, and Slovenia. Hungary is known for its rich history, architectural landmarks, and the scenic Danube River, which runs through its capital, Budapest.

The country covers an area of approximately 93,030 square kilometres and has a population of around 9.6 million people. Hungary is recognized for its cultural heritage, thermal spas, and growing economy.

Key Country Information

  • Capital City: Budapest

  • Head of State (President): Katalin Novák

  • Head of Government (Prime Minister): Viktor Orbán

  • Official Language: Hungarian

  • Currency: Hungarian Forint (HUF)

  • International Dialing Code: +36

Population and Economy

As of 2024, Hungary has an estimated population of 9.6 million. The country has a diversified economy with major sectors including automotive manufacturing, electronics, information technology, agriculture, and services.

Hungary is strategically located in Central Europe, making it a hub for trade and logistics. The country has also attracted foreign investment due to its skilled workforce and competitive business environment.

European Union and Schengen Status

Hungary is fully integrated into European institutions:

  • EU Member State since: 2004

  • Euro Area Member since: ❌ Not yet (still uses Hungarian Forint)

  • Schengen Area Member since: 2007

Although Hungary is not part of the Eurozone, it participates in the Schengen Area, allowing passport-free travel to most European countries.

Living and Working in Hungary

Hungary is an attractive destination for foreign workers due to:

  • High demand for skilled professionals in IT, engineering, healthcare, and manufacturing

  • Affordable cost of living compared to Western Europe

  • EU labor protections and legal frameworks

  • Rich cultural and historical environment

EU/EEA citizens may live and work in Hungary without a permit. Non-EU citizens generally require a residence and work permit, which is tied to the type and duration of employment.

Summary

Hungary is a Central European country with a growing economy, Schengen membership, and EU integration. Its strategic location, skilled workforce, and cultural heritage make it an appealing destination for work, business, and long-term residence.