Employment of foreigners in Hungary in 2024: Everything you need to know

Hungary boasts a dynamically developing economy and a stable labor market, which makes it attractive to foreign workers. If you want to take up a job in Hungary in 2024, this article provides a comprehensive overview of the most important information.

  1. The labor market:
  • Unemployment rate:  The unemployment rate in Hungary was 3.6% in 2023, which is one of the lowest rates in the EU.
  • Professions in demand:  IT professionals, engineers, healthcare workers, workers with language skills and craftsmen are currently in high demand.
  • Wages:  Wages in Hungary vary depending on the sector and job title. The average salary in 2023 was HUF 484,000 gross.
  1. Work permit:
  • EU citizens:  EU citizens can work in Hungary without a work permit.
  • Workers from third countries:  Workers from third countries need a work permit. You can apply for a work permit at the Hungarian consulate or embassy.
  1. Taxation:
  • Personal income tax (PIT):  Hungarian employees are obliged to pay PIT. The SZJA rate is 15%.
  • Social security contributions:  Both employees and employers pay social security contributions. Social security contributions cover pension, health and unemployment benefits.
  1. Housing:
  • Rents:  Rents in Hungary vary depending on the city and the size of the apartment. Rents in Budapest are higher than in the countryside.
  • Buying an apartment:  Foreign citizens can also buy real estate in Hungary.
  1. Integration:
  • Language learning:  Learning the Hungarian language facilitates integration and employment.
  • Culture:  Hungary has a rich history and culture. Hungarians are hospitable and open to foreigners.
  1. Useful links:

We hope that this article provided useful information for employment in Hungary.

If you have further questions about the 2024 Employment of foreigners in Hungary, please contact us via email.

 

Good luck with your job in Hungary!