Cultural and Practical Aspects of Living in Hungary

Rich Cultural Heritage and Diverse Lifestyle

Hungary is a country where tradition meets modernity, offering a vibrant lifestyle. Rooted deeply in Christianity, the culture emphasizes strong family values, historical traditions, and a variety of well-preserved folk customs. These aspects combine to create a vibrant cultural scene that is unique and rich in its offerings to residents and visitors alike.

Warm and Welcoming People: Hungarians are known for their hospitality and warmth towards foreigners. Family and friendships hold significant value in their culture, so it's common to receive a warm welcome from neighbors and colleagues. Don't be surprised if you're greeted with two kisses on the cheeks when meeting friends or family – it's a common gesture of affection and friendship.

Cultural Events & Festivals: Hungary boasts a lively calendar of festivals throughout the year, like

• Budapest Spring Festival
• Sziget Festival
• F1 Hungarian Grand Prix
• Budapest Wine Festival
• Christmas Markets

Culinary Delights: Hungarian cuisine is diverse and flavorful, with goulash, paprika-seasoned dishes, and savory pastries as staples. Halal food options and Chinese Night Market are also increasingly available, especially in larger cities like Budapest.

Practical Aspects of Living in Hungary

When considering residency, there are practical factors that make life in Hungary both enjoyable and manageable.

Cost of Living and Quality of Life: Compared to other European countries, Hungary has a relatively affordable cost of living, yet it offers a high quality of life. Rent, utilities, transportation, and dining are generally more cost-effective in Hungary than in Western Europe, making it an attractive option for investors and their families.

Healthcare & Education: Hungary has a robust healthcare system with a mix of public and private healthcare options, providing comprehensive services to residents. The country is also known for its educational institutions, with English-language programs widely available in higher education, including in business and medicine.

Safety and Security: Hungary is considered one of the safest countries in Europe. The crime rate is relatively low, and locals generally report feeling secure, whether in bustling city centers or quieter rural areas.

Geographical Advantage and Travel Connectivity

Hungary’s location in the heart of Europe offers investors an excellent opportunity to access both Eastern and Western European markets.

Travel and Transportation: With Budapest as a central hub, Hungary is well-connected by air, rail, and road. The international airport in Budapest offers direct flights to major cities across Europe, Asia, and the Middle East. Additionally, Hungary’s well-developed public transport system—buses, trams, and trains—makes it easy to explore the country and travel within the European Union.

Close Proximity to Nature: For those who appreciate outdoor activities, Hungary has much to offer. The country is home to beautiful lakes like Balaton, charming national parks, and a variety of hiking trails. Whether you’re an adventure enthusiast or simply looking for a peaceful escape from city life, Hungary provides easy access to nature and recreational activities.

Friendly Business Environment and Growing Economy

Hungary is known for its investor-friendly policies, which have helped it become a magnet for international investors.

Golden Visa Program: The Hungarian Golden Visa program offers residency opportunities for those who invest in the country, with the potential for permanent residency and, eventually, citizenship. It provides an advantageous route for investors seeking access to the European Union and its business landscape.

Thriving Economy & Investment Opportunities: Hungary's economy is diverse, covering industries such as real estate, manufacturing, tourism, and technology. The government provides various incentives for foreign investors, including tax benefits and simplified regulations, making it easier to establish businesses and develop real estate.

Business-Friendly Environment: Investors will find a business environment that values efficiency and transparency. English is widely spoken in the business community, and there are ample legal and consultancy services to assist foreign investors in navigating the local market.

Adapting to Daily Life: Language, Religion, and Social Integration

Hungary offers a unique blend of linguistic, cultural, and religious dynamics for newcomers. Understanding these aspects is key to adapting and integrating into Hungarian society.

Language and Communication: Hungarian, or "Magyar," is the official language of Hungary and belongs to the Uralic language family. It is spoken not only within Hungary but also by Hungarian communities in neighboring countries such as Slovakia, Romania, Serbia, Croatia, Slovenia, Austria, and by diaspora communities around the world. With approximately 14 million speakers, it is the largest Uralic language. While the language may be challenging to learn for some due to its unique grammar and vocabulary, many people in Hungary, especially in urban areas and among the younger population, speak English. However, making an effort to learn basic Hungarian can greatly facilitate social integration and help newcomers connect with locals.

Religious Diversity: Hungary has a varied religious landscape, with Christianity being the most practiced faith. According to the 2022 national census, 42.5% of the population identify as Christians, with Roman Catholicism being the largest denomination (27.5%), followed by Calvinism (9.8%), Lutheranism (1.8%), and smaller numbers of other Christian communities. Additionally, 1.3% of the population practice other religions, including Islam, Buddhism, Hinduism, Judaism, and other faiths like the Baháʼí Faith and various New Age beliefs. Approximately 16.1% identify as not religious, while a significant portion of the population (40.1%) did not disclose their religious beliefs.

Islam and Muslim Integration: While representing a small minority (less than 0.1% of the population), the Muslim community in Hungary has a long and rich history, dating back to the Ottoman Empire's influence in the 16th century. Today, Budapest and other cities are home to active mosques and Islamic centers, serving the spiritual and cultural needs of Hungarian Muslims. It's worth noting that visible expressions of faith, such as women choosing to wear conservative religious attire, may occasionally draw curious glances in public spaces. However, such encounters are generally characterized by respect and tolerance, reflecting the overall acceptance of religious diversity in Hungary. As with any cultural group, adopting local customs can facilitate smoother integration. For some Muslim women, this may include choosing to wear European-style clothing in certain settings as a way to navigate social interactions more easily within the broader Hungarian society.

Buddhism and Hinduism: In recent years, Hungary has witnessed a growing interest in Buddhism, with various Buddhist organizations establishing a presence across the country. The presence of a Shaolin temple in Budapest further exemplifies this trend.

Other religious minorities, including Hindus, have also found a welcoming environment in Hungary. For instance, the well-established Indian cultural center in Somogyvámos serves as a testament to the vibrant Hindu community and its contributions to the country's cultural tapestry.

Conclusion

Living in Hungary offers a unique blend of cultural richness, practical conveniences, and economic opportunities. From the bustling life in Budapest to the serene countryside, this country is full of potential for investors looking to make it their new home. With its welcoming atmosphere, affordable cost of living, and strategic location in Europe, Hungary stands out as an ideal destination for those interested in its Golden Visa program.

If you are considering a move to Hungary, our team at Golden Visa Lawyers can assist you in navigating the legal and practical aspects of obtaining residency, making your transition to this beautiful country smooth and hassle-free.