Hungary

Eastern Europe

EuropeEUSchengen

A low-tax EU and Schengen member with a top-tier passport, residence by investment and a digital-nomad visa, but case-by-case immigration and tax rules.

70
Overall score
Good · 98% data coverage
Language
Hungarian
Currency
HUF
Citizenship
8 years
Personal tax
15% flat
Cost of living
€1,150 / mo (single)

Rules change often. Confirm any immigration, tax or legal decision with a qualified professional.

Score breakdown
60
Access
17%
54Residence12%
73Citizenship and passport5%
74
Earning power
25%
68Salary and work12%
79Buying power13%
67
Business and wealth
20%
90Taxes7%
66Business8%
35Investment5%
79
Daily life
25%
81Quality of life18%
75Education7%
62
Rights and institutions
13%
67Freedom6%
58Rule of law7%

Pros

  • A top-tier passport
  • Residence by investment
  • A digital-nomad visa

Cons

  • Case-by-case immigration and tax rules

Best for

Remote workersLow-tax relocatorsInvestors

Score profile

Access
Residence
54
Citizenship
65
Passport
94
Earning power
Salary & work
68
Buying power
79
Cost of living
69
Economy
70
Business and wealth
Taxes
90
Personal tax
73
Corporate tax
74
Business
66
Investment
35
Wealth building
66
Daily life
Safety
76
Healthcare
87
Environment
89
Infrastructure
79
Education
75
HDI
87
Rights and institutions
Freedom
67
Rule of law
58
How the scores are calculated

Access

Residence
Openness to residents
Moderate
54
Migrant stock7.1% of population (2024)
Regulatory quality0.34 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Main pathways
EmploymentStudyFamily reunificationBusiness or investment where eligible
StudentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
WorkRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Self-employedRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
PermanentRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Citizenship
Citizenship accessibility
Good
65
Years required8 years
Dual allowedYes
LanguageCheck the current naturalisation rules for the selected route
ResidenceTypical headline route: 8 years; qualifying residence and absence rules apply
NotesRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
Passport
Passport power
Excellent
94
187 / 198
Mobility
#8
Global rank
Yes
Biometric
  • Visa-free140
  • On arrival38
  • eTA9
  • Visa required11

Placeholder estimates for 2024 to 2025. Check entry rules with each destination before travelling.

Earning power

Salary & work
Labour-market strength
Good
68
Output per worker$82,050 PPP (2024)
Unemployment4.5% (2025)
Participation60.6% of 15+ (2025)

Source: World Bank World Development Indicators

Mean monthly earnings of employees
Overall$1,121 · $1,849 PPP (2024)
Tech (IT & comms)$1,485 · $2,448 PPP (2024)

Source: ILOSTAT (International Labour Organization)

FreelanceMarket access depends on language, sector, and work authorisation
Job marketUse current local vacancy and salary data for role-specific decisions.
Buying power
Purchasing power score
Good
79
GNI / person$48,630 PPP (2025)
Consumption / person$21,379 PPP (2023)
Price level58 (US = 100) (2025)
Income inequality30.6 Gini (2017)
Inflation4.4% / yr (2025)

Source: World Bank World Development Indicators

Cost of living
Affordability
Good
69
Price level58 (US = 100) (2025)

Source: World Bank World Development Indicators

RentVaries substantially by city and neighbourhood
Monthly€1,150 / mo (single)
CitiesBudapest, Debrecen, Szeged
Economy
Economic strength
Good
70
Output & income
GDP$246.5B (2025)
GDP / person$25,907 (2025)
GNI / person$48,630 PPP (2025)
GDP growth0.6% / yr (2024)

Source: World Bank World Development Indicators

Stability & labour
Inflation4.4% / yr (2025)
Unemployment4.5% (2025)
Output per worker$82,050 PPP (2024)

Source: World Bank World Development Indicators

Sector composition
Agriculture2.7% of GDP (2025)
Industry23.0% of GDP (2025)
Services60.1% of GDP (2025)

Source: World Bank World Development Indicators

Main industries
AutomotiveElectronicsPharmaceuticalsMachineryAgriculture
Top exports
Vehicles & partsMachinery & electronicsPharmaceuticals
TypeUpper-middle-income, manufacturing- and export-led
Key sectorsAuto & battery manufacturing, Electronics assembly, Pharma
SummaryA manufacturing-heavy EU economy built on autos, electronics and a growing EV-battery supply chain.
CurrencyHungarian forint

Business and wealth

Taxes
Tax friendliness
Excellent
90
Personal15% flat
Corporate9%
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Personal tax
Personal tax
Good
73
Personal15% flat
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Exit taxCheck current domestic rules before changing tax residence
Corporate tax
Corporate tax
Good
74
Corporate9%
Capital gainsTreatment varies by asset, holding structure, residence, and treaty position
DividendsRates and withholding depend on residence and treaty eligibility
Foreign companiesManagement, permanent-establishment, CFC, and reporting rules may apply
Business
Business friendliness
Good
66
Regulation & bureaucracy
Regulatory quality0.34 (−2.5 to 2.5) (2024)
Government effectiveness0.50 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Operating rules
Foreign companyGenerally possible, subject to sector, registration, tax, and substance rules
Local companyAvailable company forms and capital requirements vary
FreelanceRegistration, immigration permission, tax, and social contributions may apply
Investment
Investing environment
Limited
35
Market cap25% of GDP (2025)
Private credit32% of GDP (2024)

Source: World Bank World Development Indicators

Capital gainsTreatment varies by asset, residence, holding period, and treaty position
DividendsData not available yet
ETFs & fundsData not available yet
Wealth taxCheck current national and subnational rules
BrokersLocal and international availability varies by residency and compliance checks
Foreign accessData not available yet
Tax-advantagedData not available yet
Wealth building
Wealth accumulation
Good
66
Salary & work
Good
68
Business
Good
66
Investment
Limited
35
Tax friendliness
Excellent
90
Cost of living
Good
69

Daily life

Safety
Safety & stability
Good
76
Personal safety
Homicide rate0.7 per 100,000 (2023)

Source: World Bank World Development Indicators

Institutions & stability
Control of corruption0.04 (−2.5 to 2.5) (2024)
Political stability0.44 (−2.5 to 2.5) (2024)

Source: World Bank World Development Indicators

Check current government travel and security advice before relocating.

Healthcare
Healthcare score
Excellent
87
Outcomes
Life expectancy76.7 years (2024)
Under-5 mortality3.7 per 1,000 births (2024)

Source: World Bank World Development Indicators

Capacity & resourcing
Physicians3.46 per 1,000 (2022)
Hospital beds6.63 per 1,000 (2022)
Health spending$2,875 PPP / person (2023)

Source: World Bank World Development Indicators

System & costs
SystemPublic/private mix varies by eligibility and residence status
InsuranceCheck residence-permit and local coverage requirements
Average costDepends on eligibility, income, insurer, and chosen coverage
Environment
Environment score
Excellent
89
Environmental pressure
PM2.5 exposure13.7 μg/m³ annually (2023)
Water stress8.1% (2022)

Source: World Bank World Development Indicators

Infrastructure
Infrastructure score
Good
79
Digital infrastructure
Internet use93.8% (2024)
Internet resilience64 / 100 (2026)
Fixed speed91 / 100 download index (2026)
Mobile speed69 / 100 download index (2026)

Sources: World Bank World Development Indicators · Internet Society Pulse Internet Resilience Index

Utilities
Electricity access100.0% (2023)
Grid losses7.1% of output (2024)

Source: World Bank World Development Indicators

Transport
Transport quality3.10 / 5 (2022)
Rail density88.1 km / 1,000 km² (2021)
Air connectivity31,323 departures / million people (2023)

Source: World Bank World Development Indicators

Education
Education score
Good
75
Attainment
Expected schooling15.5 years (2023)
Mean schooling12.3 years (2023)

Source: UNDP Human Development Report 2025

Participation & investment
Tertiary enrolment61% gross (2024)
Education spending3.8% of GDP (2022)

Source: World Bank World Development Indicators

Tuition€2,500–12,000 / yr
Public universityVaries by institution, programme, and student nationality
LanguagesHungarian
Student workRules depend on status and circumstances; verify the current requirements with the competent authority before acting.
HDI
Human development score
Excellent
87
HDI0.870 (2023)

Source: UNDP Human Development Report 2025

Long & healthy life
Life expectancy77.0 years (2023)

Source: UNDP Human Development Report 2025

Knowledge
Expected schooling15.5 years (2023)
Mean schooling12.3 years (2023)

Source: UNDP Human Development Report 2025

Standard of living
GNI / person$37,236 PPP (2023)

Source: UNDP Human Development Report 2025

Rights and institutions

Freedom
Freedom score
Good
67
Freedom in the World65 / 100 (Partly free)
Freedom on the Net69 / 100 (Partly free)
Rule of law
Rule of law score
Moderate
58
Rule of Law percentile58 / 100
Resources

Data is illustrative. Not legal or tax advice.