Expansive view of Budapest architecture with historic landmarks in clear daylight.Stunning aerial view of Budapest's Erzsébet Bridge with urban skyline and river.Dramatic view of Fisherman's Bastion in Budapest, Hungary with warm sunset light.Stunning aerial view of Budapest's Parliament along the Danube River, capturing urban beauty.A stunning view of the Hungarian Parliament building on a sunny day in Budapest by the Danube River.

Hungary

Europe · Central Europe

Very High PeaceAffordable Cost of Living
Very High DevelopmentHybrid Regime
Population9.6M96th
GDP / Capita$23KHigh
PPP / Capita$49KModerate
Gender Inequality0.230Low
Life Expectancy77 yrsHigh

Budapest is one of Europe's most beautiful cities — politically controversial.

💻

Digital Nomad

Ideal destination

🏡

Expat

Ideal destination

At a Glance

67
HighSafety
63
AffordableCost of Living
74
HighQuality of Life
🌍

Hungary

Hungary is a Central European country whose capital Budapest is one of the continent's great cities, split by the Danube into Buda's castle-crowned hills and Pest's grand boulevards, thermal baths, and ruin bar culture. The food tradition is rich and hearty, the folk arts are among the most distinctive in Europe, and the Hungarian language and culture are unlike anything around them. Those who enjoy architecture, food, and a city that rewards walking in every direction will love it.

  • Invented the Rubik's Cube, ballpoint pen, and holography.
  • Has more thermal springs than any European country except Iceland.
  • Highest cancer mortality rate in the EU — a public health crisis rarely discussed.
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Quick Facts

Capital

Budapest

Language

Hungarian

Currency

Ft HUF

Area

91,260 km²

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Nomad Hub

Fixed Broadband

249Mbps

Very Fast19th globally

Mobile

91Mbps

Fast53rd globally
EnglishHigh
PlugType C/F

💻Digital Nomad Visa

Min. Income

$3,300/mo

Duration

12 months

Renewable

Yes

Application Fee

~€110

~$121

Application difficultyMedium
Tax treatmentLocal rates apply
Processing time~30 days
Health insuranceRequired
DependentsNot allowed
Apply onlineYes
Path to residencyNo
Open to all nationalitiesRestricted

GDP / Capita

i

$23K

High

PPP / Capita

i

$49K

Very High

Inflation

i

3.7%

Moderate

Unemployment

i

4.5%

Low

Innovation (GII)

i

40.0

Top 25%

GNI / Capita

i

$21K

High

Tax Revenue

i

22.8%

FDI Inflows

i

-27.9%

Education Spend

i

3.8%

Cost of Living

i

46.9

Affordable

Price Level Index

i

41th pct

Affordable

20-Year Trend + IMF Forecast

Income & inflation over time

i
+108% nominal+47% real
$17K$33K$50K5%10%15%200520102015202020252027
GDPPPPInflationIMF forecast