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Discover in detail the advantages of each EU country.

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Hungary

Lower cost of living, growing industries, and increasing opportunities in manufacturing and services.

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Hungary

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Corporate Tax Rate 9% (2025)

The standard rate for all business profits.

With a competitive corporate tax framework, it offers a stable and attractive fiscal environment designed to support and encourage business growth.

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Economic Sentiment Indicator (ESI) 95,1 (2026)

A snapshot of business and consumer confidence.

The Economic Sentiment Indicator (ESI) measures overall confidence in the economy by combining survey results from consumers and key sectors such as industry, services, retail, construction, and (where available) financial services.

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GDP Growth 0,6% (2025)

Annual real GDP growth rate forecast.

Austria's highly advanced and resilient economy is forecast to grow steadily, driven by innovation in technology and a strong commitment to sustainable industry.

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Labour Cost €14.1/hr (2024)

Average hourly cost of employing a worker.

Labour costs represent an investment in a highly educated, productive, and innovative workforce, contributing to a strong, high-value economy.

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R&D Tax Credit Enhanced tax base (2025)

Tax relief for research and development activities.

It strongly encourages innovation through generous incentives, including enhanced deductibility of research and development expenses to support technological advancement.

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Annual Inflation Rate 4,4% (2025)

Measures the change in consumer prices over time.

With one of the lowest inflation rates, the economy provides strong price stability, ensuring a secure and predictable financial environment.

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Euro Health Consumer Index Score 33rd (2026)

Overall measure of national health system performance.

It offers a world-class healthcare system recognized for its excellent access, high quality of care, and strong patient outcomes.

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Global Cost of Living Rank 68th (2026)

Measures relative costs of goods and services.

 This financial strength, paired with top-ranked quality of life and free public transport, creates a highly attractive environment for residents.

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Global Happiness Rank 69th (2024)

Evaluates national wellbeing and overall life satisfaction. 

Ranking among the happiest nations, it demonstrates high levels of life satisfaction driven by economic stability, strong social support systems, and a diverse, multicultural environment.

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Global Peace Index 17th (2025)

Assesses national peacefulness, safety, and security levels.

Renowned for its political stability and low crime rates, it is considered among the most secure countries, offering a safe and peaceful environment for residents and businesses alike.

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Top Personal Income Tax Rate 15% (2025)

Progressive personal income tax rates apply

A top personal income tax rate reflects the upper threshold of individual taxation, indicating the level of contribution required from high earners within the broader fiscal system.

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Working-Age Employment Rate 81.1% (2024)

Percentage of population aged 20-64 that is employed.

With a robust employment rate supported by strong financial and service sectors, the international labour market offers extensive opportunities.

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Embassies and Consulates

Hungary has embassies and consulates worldwide that offer visa services and assistance to its citizens abroad. A current list of these missions is available on the Ministry of Foreign Affairs website.

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Entry for EU Citizens

EU citizens can use both the “EU, EEC, SWISS” and the passport lanes at the border crossing points.

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Entry for Non-EU Citizens

Non-EU citizens must possess a valid visa in addition to the passport.

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