Foreign investment in Hungary has been on the rise, with over three billion euros already invested in the country in 2023. However, while there are numerous benefits to doing business in Hungary, there are also certain challenges that need to be overcome. In this article, we will explore these challenges and provide recommendations for successfully […]
Investing in Hungary offers several benefits, including access to a growing economy, a strategic location within the European Union, a skilled workforce, favorable business conditions, and various government incentives to support investment. Additionally, Hungary boasts a diverse range of investment opportunities, such as real estate and manufacturing, making it an attractive destination for investors looking […]
Hungary is a popular destination for those seeking an affordable yet high-quality life. With its low living costs and diverse range of attractions, it offers a unique blend of affordability and quality of life. In this article, we will explore the various aspects of living affordably in Hungary and how it can be a smart […]
Hungary is an attractive destination for investors due to its membership in the European Union and its diverse and thriving industries. In this article, we will explore the top five industries in Hungary that offer promising investment opportunities. A brief overview of investing in Hungary Hungary offers attractive investment opportunities with its membership in the […]
Before investing in Hungary, you should know these basic facts about the workforce and infrastructure. Workforce and Labor Environment Hungary boasts a skilled, educated, and multilingual workforce. The country has a strong education system with high enrollment in secondary and tertiary education. Over 77% of Hungarians aged 25-64 have completed upper secondary education. The availability […]
Hungary has a robust framework to protect foreign investments. It is party to over 60 bilateral investment treaties (BITs) and several multilateral international investment agreements under the auspices of the World Bank (ICSID) and United Nations (UNCITRAL). These BITs provide protections like fair and equitable treatment, protection against expropriation, free transfer of funds, and dispute […]
Hungary welcomes foreign investment across a wide range of sectors and industries. Some of the key sectors open to foreign investors include: **Manufacturing** – Hungary has a long tradition of manufacturing and industrial production. Major manufacturing sectors like automotive, electronics, pharmaceuticals, medical devices, and food processing are open to foreign investors. Multinational companies like Audi, […]
Moving to Europe is a great idea. It’s one of the most exciting things you can do, and there are so many amazing places to explore. But with so much choice, it can be difficult to know where to start. The best place to begin your search is by considering what type of lifestyle you’re […]
When you’re starting a business, it can be tempting to want to set up shop in a physical building. In fact, many people assume that you need an actual office space before you can even think about hiring employees or serving clients. However, this isn’t always the case. There are plenty of reasons why going […]
Hungary has a rich history and culture, which is reflected in everything from its architecture to its cuisine. Its capital city, Budapest, has been called the “Paris of Central Europe,” with its own grand boulevards and beautiful architecture. Let’s see what it’s like to live in Hungary! Hungarian cuisine is famous for its rich flavors […]