Hungary

What makes Hungary a good place to live and work?

Hungary is one of the 15 most popular tourist destinations in the world, with a capital regarded as one of the most beautiful in the world. Despite its relatively small size, Hungary has numerous World Heritage Sites, UNESCO Biosphere reserves, the second largest thermal lake in the world (Lake Hévíz), the largest lake in Central Europe (Lake Balaton), and the largest natural grassland in Europe (Hortobágy). In terms of buildings, Hungary has the largest synagogue in Europe (Great Synagogue), the largest medicinal bath in Europe (Széchenyi Medicinal Bath), the third largest church in Europe (Esztergom Basilica), the second largest territorial abbey in the world (Pannonhalma Archabbey), the second largest Baroque castle in the world (Gödöllő), and the largest Early Christian Necropolis outside Italy (Pécs), the second underground in Europe and the third all over the world after New York and London (Millennium Underground).
You can expect to find safe food and water, good safety and a generally stable political climate.
Hungary doesn’t attract terrorists and keeps drug and crime levels moderate.
People
Hungary has been ethnically diverse since its inception, and while today over 90% of the population are ethnically Hungarian, pockets of ethnic and cultural Slovaks, Romanians, Germans and others dot the country. Due to the border changes of Hungary after World War I, over 2 million ethnic and cultural Hungarians live in bordering countries, as well. The Hungarians, otherwise known as Magyars, are the descendants of several tribes from Central Asia, who were believed to be fierce, nomadic horsemen and came to Central Europe in the 9th century.
Climate
Temperatures in Hungary vary from -20°C to 39°C through the year. Distribution and frequency of rainfall are unpredictable due to the continental climate of the country. Heavy storms are frequent after hot summer days, and rainfall is more frequent in the Autumn. The western part of the country usually receives more rain than the eastern part, and severe droughts may occur in summertime. Weather conditions in the Great Plain can be especially harsh, with hot summers, cold winters, and scant rainfall. The weather of the capital city is humid continental with agreeable temperatures in spring and autumn, during the summertime the climate is warm and sudden heavy showers are common, while the winter is cold and the temperatures are usually under 0 degrees.

HUNGARY INVESTOR PROGRAM

This program requires an investment of $300,000 Euros in the Hungarian Residency. After five years, this fund will be returned. Within 2 months, temporary residency will be granted and will allow the applicant to travel freely within Schengen countries. Within 3 months of applying, the applicant would receive permanent residency.