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An Expat Guide to the Cost of Living in Budapest

Editor’s note (updated June 2025): This article has been fully updated to reflect current expat living costs and economic conditions in Hungary.

The cost of living in Budapest, is one of the first things expatriates research when considering a move. In this guide, we provide up-to-date information based on June 2025 data and local insights.

As with any international relocation, there’s a lot to consider when settling into life in Budapest. You’ll find plenty of online guides, and Inter Relocation offers a wide range of services for inbound foreigners, including housing, schooling, immigration support, and more.

Budapest offers a unique mix of cultural depth and affordability. Understanding the cost of living in Budapest is crucial for expats planning a move.

We won’t attempt to cover everything about life in Hungary, but this article outlines the basics to help you estimate your expenses and set expectations. From accommodation and groceries to healthcare and transport, you’ll find real-world prices and useful expat tips here.

General Information

Budapest is home to approximately 1.68 million people across 525 square kilometers — making it slightly larger in area than Bucharest, Vienna, or Prague.

Since the 1990s, Budapest has developed a diverse expat scene, with sizeable communities from Germany, the UK, the US, India, China, and France, among others. If you’re moving to Hungary, chances are good that you’ll find a support network from your own country.

Living in Budapest is a unique experience. While English is widely spoken in restaurants, cafes, and tourist services, Hungarian remains essential for administrative tasks, doctor visits, and official procedures. Speaking the local language — or at least learning the basics — can significantly improve your daily life, although many expats manage without it.

Many expats say that the relatively low cost of living in Budapest was a key reason they chose the city over more expensive Western European capitals.

 

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Hungarian Currency

Even after joining the European Union, Hungary continues to use its own currency, the Hungarian Forint (HUF), often written as “Ft.” While some international shops and real estate agents may list prices in Euros, it’s important to keep an eye on the actual exchange rate.

As of June 2025, 1 Euro equals approximately 402 HUF, 1 US Dollar equals around 375 HUF, and 1 British Pound is roughly 475 HUF. These rates fluctuate, so for accurate and up-to-date exchange information, check a reliable source.

Most places accept international credit and debit cards, but it’s always useful to carry some cash. For instance, Budapest’s public transport ticket machines and smaller shops may not accept cards or may not be able to break large denominations like the 20,000 HUF note.

In addition to the numerous ATMs available throughout the city, many also offer Euros alongside the local currency. Currency exchange booths are common in central Budapest, but be sure to compare rates and avoid those with high commission fees.

Keeping track of exchange rates is important when calculating the real cost of living in Budapest, especially if your income is in a different currency.

 

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Infrastructure in Budapest

Budapest’s infrastructure is well-developed and continues to improve, contributing to the overall cost of living in Budapest in terms of transport, mobility, and utilities.

All four metro lines are fully operational, alongside an extensive network of buses, trams, and trolleybuses. Most expats find that they don’t need a car to get around — the city is very walkable and well-connected.

Owning a car in Budapest can be inconvenient, especially due to limited parking and fees. Monthly parking costs vary widely by district, ranging from 22,000 to 60,000 HUF. Residents may apply for a parking permit in their local district, but eligibility can depend on both car and property ownership.

If you decide to buy a car, expect to pay approximately 85,000–100,000 HUF per year for full insurance and road tax combined. Public e-mobility options (like e-scooters and shared cars) are also expanding in popularity.

For current parking permit rules and district-level details, visit the official Budapest city portal: budapest.hu.

The convenience of public transport contributes to the overall cost of living in Budapest, which remains relatively low compared to Western Europe.

Public Transport

Buses, trains, trams, trolleys, and the four metro lines are reliable and run on schedule. The government continues to upgrade the metro system, and even the older stations are generally clean and safe.

A monthly public transport pass from BKK (Budapesti Közlekedési Központ) costs 8,950 HUF (approx. £19 / $23) for adults and grants access to all standard public transport in the city — a key reason behind the relatively low cost of living in Budapest.

Walking is also a popular and practical option in the inner districts, while cyclists benefit from an expanding network of bike lanes and the BuBi bike-sharing program.

Taxis are widely available and must use meters by law. Avoid unmarked or unofficial taxis, and stick with reliable brands like or use trusted ride-hailing apps. These services offer cashless payments and transparent pricing.

Hungary enforces a zero-tolerance policy for drinking and driving, so taking a taxi is often the safest option for a night out.

Tram 4/6 — which runs 24/7 — provides excellent connectivity across central Budapest. Always validate your ticket or carry your travel pass, as ticket inspections are routine, even at night. On the metro, make sure to validate your paper ticket before crossing the line to the platform. Controllers often wait just past the entrance.

We also recommend downloading the Budapest GO app, which allows you to plan your route, buy digital tickets, and check schedules in real time.

Overall, public transport and mobility options contribute significantly to the affordable cost of living in Budapest.

 

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Budapest Accommodation

Finding a flat in Budapest in 2025 is increasingly competitive. Demand is high, particularly for smaller apartments, while supply is tight due to a combination of tourism growth and property owners shifting to short-term lets or selling their units. This has led to steadily rising rents over the past few years — one of the main contributors to the increased cost of living in Budapest.

Most landlords now require tenants to sign at least a one-year lease, and many contracts include inflation clauses tied to the Hungarian Central Statistical Office (KSH) rates. Additionally, there is a growing trend for rents to be denominated in Euros rather than Forints to protect landlords from currency fluctuations.

Tenants are also often asked to sign an Eviction Statement at a notary public during lease signing, and competition among renters has made it a landlord’s market: renters must be ready to act fast, pay asking price, and present themselves as reliable tenants. Corporate or expat status no longer guarantees preferential treatment.

Fraud risks have increased in recent months, with reports of fake agents demanding deposits upfront and disappearing. It is strongly advised to use trusted agencies like Inter Relocation to navigate the market safely.

The city center remains the most expensive area, but outer districts and suburban neighborhoods are gaining popularity for those seeking more space and quieter surroundings. While it’s still possible to find reasonably priced apartments, expect to move quickly and negotiate less.

A moratorium on new short-term lets (including Airbnb) has been in effect since January 2025, and District VI has already voted for a total ban starting in 2026 — a move expected to shift more apartments back to the long-term market, though the impact may take time.

Rising rental prices have become the primary factor influencing the overall cost of living in Budapest, particularly for newcomers without local connections.

 

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While some expats still browse Facebook groups like “Rent in Budapest” for available listings, this approach comes with risks. Scams have become more frequent in recent years, including fake listings and impersonators demanding deposits upfront. If you choose this route, never transfer money before verifying the property and the person offering it.

For a safer and more professional experience, many expats opt to work with a relocation services provider such as Inter Relocation. These agencies not only search the full property market on your behalf but also represent your interests as a tenant — negotiating terms, reviewing lease agreements, and ensuring legal compliance. While a service fee applies, this investment often pays for itself in peace of mind and time saved.

If you haven’t secured long-term accommodation before arrival, short-term rentals (such as through Airbnb) are still available — though increasingly limited due to the moratorium on new listings. It’s recommended to book a verified apartment for your initial stay and begin your long-term search with local support as soon as you arrive.

The “real” cost of living in Budapest: renting an apartment

According to a May 2025 report, the average asking rent in Budapest has risen above the HUF 250,000 mark — approximately HUF 252,000 — while tenants are typically willing to pay around HUF 219,000 per month. Similarly, KSH-Ingatlan.com data show a 6.7% year-on-year rise in Budapest rents as of March 2025, continuing a steady increase from the previous year.

Other sources suggest that average rents now range between HUF 250,000–270,000, with smaller apartments (under 40 m²) available in some districts for HUF 180,000–200,000.

Numbeo estimates that Budapest remains approximately 55% cheaper than New York City (excluding rent), with average monthly living costs for a single person calculated at approximately HUF 276,000, excluding accommodation.

An Expat Guide to the Cost of Living in Budapest

Rent segmentation & trends

In prime central districts such as Districts V, VI, VII, IX, XI, and XIII, rental prices typically fall between HUF 250,000 and 322,000 depending on size, condition, and location.

In outer districts like XV, XXI, and XXIII, rents can be as low as HUF 150,000–180,000. In Budapest’s XI District, average rents currently hover around HUF 270,000.

What’s driving these changes?

Annual rent growth reached 9.6% in 2024, and while price increases have begun to moderate, they still rose by 6.7% year-on-year in Q1 of 2025. Supply has also increased, with approximately 17,800 flats listed on the market as of March 2025 — a 21% increase compared to the previous year.

Proposed regulations aiming to restrict short-term rentals (such as Airbnb) are expected to gradually return more properties to the long-term rental market, which may help to stabilize prices.

Recommendations for expats

Expect typical 1–2 bedroom apartments in central areas to cost between HUF 250,000 and 300,000 or more. Cheaper options are available in outer districts, starting around HUF 150,000–180,000, although these may come with trade-offs in terms of location and amenities.

It’s advisable to negotiate when possible, especially if the rental market begins to soften. Stay up to date on short-term rental policy changes, as these can significantly impact supply and demand in various districts.

 

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Common cost

One essential part of the cost of living in Budapest is the so-called “common cost” (közös költség), a monthly fee paid to the building management. As of 2025, this typically ranges between HUF 20,000 and 60,000 per month, depending on the size of the flat and whether utilities like water or heating are included.

General rates:

  • Without water: 130–200 HUF/m²/month

  • With water: 200–300 HUF/m²/month

For an average 50–75 m² apartment, this adds up to about HUF 25,000–40,000 monthly.

In high-end buildings, common costs can exceed HUF 48,000 per month. However, these often include access to a 24/7 concierge, gym, spa, or wellness services.

In addition to rent and common cost, tenants usually pay their own utilities separately. For a mid-size apartment, expect the following monthly costs:

  • Electricity: HUF 8,000–12,000

  • Gas: HUF 15,000–35,000 (higher in winter)

  • Water and sewage: HUF 5,000–8,000

Altogether, utility bills range between HUF 30,000 and 55,000 per month for a 50–60 m² apartment, depending on consumption and the season.

When signing a lease, it is common for landlords to request two months’ deposit and one month’s rent in advance. Be sure to document the condition of the apartment and appliances when moving in to protect your deposit.

Grocery Markets

Budapest offers a wide range of shopping options, from local markets and small neighborhood shops to discount supermarkets like Aldi, Lidl, and Penny, as well as larger hypermarkets such as Auchan and Tesco located on the outskirts of the city. Each district also typically has its own traditional market (piac), where locals shop for fresh fruits, vegetables, meat, and dairy products. These markets can be a great way to find seasonal produce and support local farmers.

As of mid-2025, food prices in Hungary have increased significantly compared to previous years. According to recent data, the average monthly grocery bill for one person ranges between HUF 80,000 and 150,000, depending on shopping habits and dietary preferences. For two people, this translates to approximately HUF 100,000 to 300,000 per month, or HUF 30,000 to 75,000 per week.

If you shop mainly at budget chains and avoid imported goods or premium brands, your overall costs can be kept on the lower end of the spectrum. However, shopping at organic stores or relying on convenience products will push your monthly grocery budget higher.

For many expats, grocery spending is one of the more controllable parts of the cost of living in Budapest, especially when compared to fixed expenses like rent or insurance.

Eating Out

Eating out in Budapest has become more expensive in recent years, but it still remains relatively affordable by Western European standards. A meal at an inexpensive restaurant now costs around 4,000 HUF per person, while a three-course meal for two at a mid-range restaurant will typically be about 20,000 HUF. Street food or fast-food options, like kebabs or burgers, usually cost between 3,000 and 5,000 HUF.

Beer prices have also increased. A local draft beer now costs approximately 1,000 HUF, but in central tourist zones or ruin bars, it can range from 1,200 to 1,500 HUF. Imported beers are typically around 1,100 HUF. A cappuccino or similar coffee drink averages 850 to 1,000 HUF in most cafés.

Specialty cakes and desserts have also seen a price jump. A slice of vegan cake in the city center now costs around 1,500 HUF. While bakeries remain plentiful across the city, and fresh bread is still widely available, prices are generally higher than in previous years.

Overall, if you eat out occasionally and avoid touristy areas, you can still enjoy a good variety of affordable meals, but the days of ultra-cheap dining are mostly over.

 

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Clothing

Clothing prices in Budapest are comparable to other European capitals, though inflation and brand pricing have pushed costs slightly higher in 2025. A pair of mid-range jeans typically costs around 27,000 to 30,000 HUF. Branded athletic footwear now starts at approximately 30,000 HUF, with some models exceeding 90,000 HUF depending on style and store.

As in most cities, Budapest has upscale shopping districts lined with international brands, particularly in District V near Váci utca. However, you can also find more affordable options at shopping malls like Arena Mall or Árkád, as well as discount fashion retailers such as H&M, Deichmann, or CCC.

Expats should also be aware that while international sizes are generally consistent, some local brands may have different sizing standards, so trying on clothes before purchase is recommended.
While prices have increased slightly, clothing still represents a manageable portion of the overall cost of living in Budapest.

Health Insurance and Dental Care

Public healthcare in Hungary is funded through social security contributions. If you are employed, your access to the state healthcare system is automatic. EU and UK citizens can also use their European Health Insurance Card (EHIC) or Global Health Insurance Card (GHIC) for essential treatment. However, the public system often involves long wait times and limited English-speaking staff, which is why many expats prefer private coverage.

While public healthcare is available, many expats opt for private insurance — a factor that may increase your monthly cost of living in Budapest.

Hungarian dental care is world-class and so popular and reasonably priced that there is still a large market in dental tourism from the UK, Ireland and elsewhere. Basically, find a dentist you like and you’re set for the duration.

Private health insurance plans for individuals start from around 10,000 to 20,000 HUF per month, depending on age and provider. These plans offer quicker access to English-speaking general practitioners and specialists in private clinics.

Typical private medical costs in Budapest include:

  • General practitioner visit: 17,000–24,000 HUF

  • Specialist consultation: 24,000–41,000 HUF

  • MRI (one body area): approximately 125,000 HUF

Private dental care in Hungary is highly regarded and remains much more affordable than in Western Europe or North America. As a result, dental tourism remains popular. Dental care is one of the few areas where expats can actually reduce their cost of living in Budapest compared to their home countries.

Typical dental costs in 2025:

  • Single dental implant: around 230,000 HUF

  • Porcelain crown: 140,000–150,000 HUF

  • Root canal treatment: about 60,000 HUF

  • Full jaw All-on-4 implants: approximately 1.7 million HUF

  • Full jaw All-on-6 implants: approximately 2.7 million HUF

The quality of care is generally excellent, and Budapest has a large number of reputable clinics catering specifically to international patients.

Finding a dentist or general practitioner who speaks fluent English is not difficult, especially in central districts — yet another reason why the cost of living in Budapest continues to offer good value for expats.

Still guessing the real cost of living in Budapest?
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EGQS-Certified Relocation Company – 10+ Years of Trusted Quality

We’re proud to announce that we have once again successfully renewed our EuRA Global Quality Seal certification.
This means that Inter Relocation has been an EGQS certified relocation company since 2014, consistently maintaining this distinction for over a decade.

This ongoing achievement highlights our unwavering commitment to quality, consistency, and the highest professional standards in relocation services.

The EGQS is the only quality certification specifically designed for relocation service providers and was developed in collaboration with EuRA and ISO-certified auditors. Being an EGQS-certified relocation company means we operate at the highest standards in the industry across operations, client care, and compliance.

Why It Matters to Be an EGQS-Certified Relocation Company

Inter Relocation first earned the EGQS back in 2014, and we’ve proudly maintained it ever since. As of now, we remain Hungary’s only EGQS-certified relocation company, and we’ve built a reputation for quality and professionalism that spans the entire Central and Eastern European region.

“EGQS is more than a badge—it’s how we work,” says Stuart McAlister, founder and Managing Director of Inter Relocation Group and former Vice President of EuRA. “We’ve held this certification every year for over a decade, and it reflects our values and commitment to excellence.”

A Group-Wide Quality Standard

Operating across 15 countries, Inter Relocation applies EGQS standards group-wide. From Prague to Bucharest and Vienna to Tallinn, our clients receive the same trusted service—always grounded in the same processes, the same principles, and the same promise: we deliver quality everywhere.

Official EuRA Global Quality Seal certificate awarded to Inter Relocation Group, the only EGQS certified relocation company in Hungary, confirming continued compliance with the highest relocation quality standards.

Inter Relocation obtained the EuRA Global Quality Seal in 2014. Based on an ISO 9001 process management model, the EuRA Global Quality Seal specifies the processes and KPI’s that reflect the very highest standards in relocation services. As a member awarded with the EuRA Global Quality Seal, Inter Relocation demonstrates a total commitment to quality.

Our Role in the EuRA Network

In addition to our certification, Inter Relocation is a EuRA Premium Member, a status that reflects our long-standing leadership in the industry. Our founder, Stuart McAlister, has actively contributed to the association as EuRA’s Vice President, working to improve relocation standards across Europe and beyond.

What Does EGQS Mean for Clients?

  • Verified commitment to data protection and GDPR compliance
  • Fully audited supplier and partner management
  • Structured training and onboarding of local teams
  • Consistent service delivery across borders
  • Trusted by the industry for over 10 years

For our clients, it’s not just about quality—it’s about trust, consistency, and peace of mind.

Commitment to Continuous Improvement

At Inter Relocation, being an EGQS-certified relocation company isn’t a one-time achievement—it’s a process of continuous development. Every recertification cycle is an opportunity to reassess, refine, and reinforce the way we serve our clients. Our internal teams undergo regular training, and our operational procedures are audited to ensure full alignment with the EGQS framework.

We believe that quality isn’t just a compliance checkbox—it’s a culture. It shows in how we manage data securely, how we communicate with clients, and how we support assignees and HR teams throughout the relocation process. Our dedication to high standards goes hand in hand with adaptability and regional expertise, especially across the complex and evolving CEE landscape.

Why Choose an EGQS-Certified Relocation Company?

Choosing an EGQS-certified relocation company gives clients and partners a clear advantage. It means working with a provider whose systems, ethics, and client relationships are held to the highest possible standards. The EGQS is independently audited, externally verified, and globally recognized—offering assurance in every step of the relocation journey.

Whether you’re relocating a single executive or an entire workforce, consistency and trust are non-negotiable. With Inter Relocation, you get both—backed by over two decades of experience, a multilingual team, and the region’s most robust quality assurance process.

With a presence in 15 countries and a proven track record of excellence, Inter Relocation is proud to remain the benchmark for quality mobility services in Central and Eastern Europe.

Learn more about the EGQS program.

Rebranding in Global Mobility: Why Inter Relocation’s New Look Is More Than Just a Logo

This month, Inter Relocation Group proudly unveils a bold new visual identity — a transformation rooted in clarity, regional strength, and authenticity. It’s not just a new look. It’s rebranding in global mobility done with purpose.

With operations in 15 countries across Central and Eastern Europe, our refreshed brand reflects both who we’ve always been — and the dynamic, people-driven organisation we’re becoming.

Why We Rebranded: What a Logo Can’t Say — But Should

In the world of global mobility, branding often takes a back seat. But in a service built entirely around trust, clarity, and people, it should be front and center. Rebranding in global mobility isn’t just about visuals — it’s about showing what you stand for, every step of the way.

As Inter Relocation Group expanded across the CEE region, welcoming new teams, clients, and partnerships, we realised our visual identity no longer represented our cohesion, energy, or ambition.

“We wanted a visual identity that feels as modern and connected as the team behind it,” said Stuart McAlister, owner of Inter Relocation Group. “This rebranding isn’t about changing who we are. It’s about showing it more clearly.”

What’s New in the Inter Relocation Group Brand?

If you’ve seen us recently — online, at conferences, or in client meetings — you may have noticed:

  • A refreshed logo — simple, strong, and designed for digital-first platforms

  • Updated colours — bold blue and vibrant amber rooted in the CEE region

  • Visual storytelling system — focused on collaboration, clarity, and continuity

Behind the scenes, this was never “just a design project”. It was a full-scale strategic initiative. From co-creation workshops with 17 local offices to iterative testing across platforms, it was a textbook case of rebranding in global mobility done right.

Inter Relocation Group Rebranding

What Hasn’t Changed — and Never Will

  • Our values

  • Our commitment to high-touch, people-first relocation

  • Our structure: owner-led, country-based, regionally embedded

“We’re proud to call the CEE region home,” McAlister added. “Every country we operate in is represented by a local leader. That local knowledge is what sets us apart.”

Our brand changed because we’ve grown — not because we’ve drifted.

Rebranding in Global Mobility-Inter Relocation

Old VS New

What Our Team Says About the Rebrand

This rebranding in global mobility wasn’t driven from the top down — it was built with the people who live and breathe relocation every day. “We wanted a look that reflects how interconnected our regional work is,” said Dominika Muzslay, Operations Manager at Inter Relocation. “Our clients expect precision and empathy in equal measure, and now our visual identity mirrors that perfectly.”

Our colleagues across the CEE region echoed that sentiment. “In Prague, we’ve always felt proud to be part of something larger,” said one of our Czech team leads. “Now the new design captures that unity while still leaving room for our local voice.”

The new brand feels like it finally represents how we work in Serbia — with flexibility, warmth, and regional awareness,” shared our Belgrade team.

From Croatia, the reaction was equally positive: “It’s modern, professional, and gives us a shared identity that still respects our local knowledge,” said a colleague from Zagreb.

And in Poland, one of our relocation coordinators summed it up best: “Clients will see this rebrand and instantly understand who we are — consistent, capable, and truly CEE-based.”

From Budapest to Zagreb, this rebrand brought us together in more ways than one. The conversations, testing, and feedback loops weren’t just part of the process — they were the process.

What’s Next in Our Rebranding Journey?

This is only the beginning. Over the coming weeks, we’ll share:

  • Country highlights from our 15 locations

  • Personal stories from local experts

  • A behind-the-scenes look at how we deliver relocation the right way — every time

Because CEE is our home, not just a market. And that shows in every detail of what we do.

Ready to Experience Rebranding in Global Mobility — Firsthand?

Whether you’re relocating employees or planning a personal move, we’re here with decades of experience, deep regional knowledge, and a connected team that leads with people — not just process.

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Inter Relocation SME Sponsorship: Delivering Value in Supporting Children’s Healthcare in Hungary

Inter Relocation SME Sponsorship has been transforming children’s healthcare in Hungary for over ten years.

In 2024, the company supported RBIF with medical equipment donations, reinforcing its dedication to pediatric care.

Supporting Children’s Healthcare in Hungary for Over a Decade

For more than ten years, Inter Relocation SME Sponsorship has been a key supporter of the Robert Burns International Foundation (RBIF), contributing to vital healthcare projects across Hungary. In 2024, the company reaffirmed its long-term commitment through the SME Sponsorship Scheme, which allows businesses to directly fund meaningful initiatives that improve pediatric healthcare.

One of this year’s significant contributions went to the Infant and Children’s Department at the Hódmezővásárhely-Makó Health Care Centre. Facilitated by RBIF, the donation provided advanced oxygen therapy equipment, essential for treating infants and young children suffering from respiratory conditions.

How Inter Relocation’s Contribution is Making a Difference

With 1.2 million HUF jointly donated by Inter Relocation and RBIF to the hospital, the new oxygen therapy equipment has already improved patient care, ensuring that young children receive the best treatment possible. These modern medical tools help stabilize newborns and infants suffering from respiratory distress, a common issue in pediatric healthcare.

“At Inter Relocation, we believe in making a tangible impact on the communities where we operate. Supporting RBIF’s healthcare projects allows us to directly improve the lives of children who need it most,” said Stuart McAlister, owner of Inter Relocation.

Stuart McAlister’s Leadership and Long-Term Involvement with RBIF

Beyond financial support, Stuart McAlister has previously played an active leadership role within the Robert Burns Supper Committee for over a decade. Having served as chairman for six years and as a committee member for eleven years, McAlister has helped drive key fundraising efforts via the annual Burns Supper, a major charity event supporting children’s hospitals across Hungary.

Inter Relocation SME Sponsorship 2024 – Infant and Children’s Department of the Hódmezővásárhely-Makó Health Care Centre

Inter Relocation SME Sponsorship: Stuart McAlister at the Hódmezővásárhely-Makó Health Care Centre with a sweat analyzer, aiding cystic fibrosis diagnosis and enhancing pediatric healthcare
Photo source: RBIF

Why the SME Sponsorship Scheme Matters

The RBIF SME Sponsorship Scheme allows small and medium-sized businesses to have their own dedicated fundraising projects, ensuring more direct involvement in charitable initiatives. Inter Relocation was one of the first companies to join this scheme, which has since sponsored multiple healthcare projects, including:

  • Miskolc Children’s Hospital, specializing in hand surgery.
  • Medical equipment donations for pediatric hospitals across Hungary.
  • Long-term partnerships with local healthcare providers to improve neonatal care.

By participating in this program, Inter Relocation has enhanced its corporate social responsibility (CSR) initiatives, ensuring that every donation leads to a measurable impact on Hungary’s healthcare system.

Inter Relocation’s Continued Dedication to Corporate Social Responsibility

As a leader in relocation services in Hungary, Inter Relocation continues to uphold its values by investing in community-driven initiatives. Supporting healthcare improvements aligns with the company’s mission of giving back to the regions where it operates.

By consistently backing the Robert Burns International Foundation, Inter Relocation has helped create sustainable, positive change in Hungary’s pediatric care system. The company remains committed to ongoing CSR efforts and plans to support more impactful projects in the future.

Final Thoughts

For over a decade, Inter Relocation SME Sponsorship has played a pivotal role in transforming children’s healthcare in Hungary. Through strategic charity partnerships, financial contributions, and leadership involvement, the company continues to make a powerful difference in young patients’ lives.

💙 Learn more about Inter Relocation SME Sponsorship’s charitable efforts:
👉 Inter Relocation’s Charity Page

Hungary Asylum Extension 2026: Important Update for Ukrainian War Refugees

The Hungarian government has issued a new decree extending the validity of asylum documents for those affected by the war in Ukraine. This extension ensures that asylum seekers can legally stay in Hungary until 4th March 2026 under temporary protection status.

Who is Eligible for Hungary’s Asylum Extension?

This asylum document validity extension applies to:

  • Ukrainian citizens who were residents in Ukraine before 24th February 2022.
  • Stateless persons or non-Ukrainian third-country nationals who received international or national protection in Ukraine before 24th February 2022.
  • Family members of these individuals.

Official Government Decree on Asylum Document Validity

According to Government Decree 86/2022 (III. 7.), the updated validity period of asylum documents is extended until 4th March 2026, replacing previous regulations that listed 2025 as the expiration date.

This amendment was introduced through Government Decree 343/2024 (XI. 14.), which modifies earlier legislation regarding emergency rules and temporary protection.

The decree was officially published in the Hungarian Official Gazette on 14th November 2024, under No. 114 of 2024.

Why is This Asylum Extension Important?

Extending the Hungary asylum extension 2026 allows displaced individuals to continue receiving protection, access services, and maintain legal residency. The change highlights Hungary’s ongoing commitment to supporting those affected by the war in Ukraine.

What Should Refugees Do Next?

If you or your family members are eligible for this extension, ensure that your asylum documents are valid until 4th March 2026. For official updates, visit Hungary’s immigration office or consult legal experts on refugee rights.

Final Thoughts on Hungary’s Asylum Policy Update

This Hungary asylum extension 2026 provides crucial stability for refugees facing uncertainty. Staying informed about government policies is essential for those under temporary protection in Hungary.

Hungary Immigration Changes 2025 – Essential Legal Update

We would like to inform our clients that important legislative changes have come into effect as of 1st January 2025, which affect immigration and employment matters in several ways.

These Hungary immigration changes 2025 significantly affect how employers and third-country nationals must handle permit applications.

  1. Hungary Immigration Changes 2025: Key Legislative Updates

  2. Guest Worker Residence Permit in Hungary: New Eligibility Criteria

New Regulations for Guest Worker Permits (Effective January 1, 2025)

In the Hungarian Official Journal No. 135 of 2024, published on 23rd December 2024, the Government Decree 450/2024 (XII. 23.) on the employment of guest workers in Hungary (hereinafter: Government Decree) was published. The Government Decree will come into force on 1 January 2025.

Eligible Countries for Guest Worker Residence Permits

From 1st January 2025, taking into account the exceptions listed in point II, citizens of the following countries can be employed in Hungary with a residence permit for the purpose of employment and a residence permit for guest workers, as listed in Appendix 1 of the Government Decree:

  • Georgia
  • Armenia

Exceptions and Special Provisions for Certain Third-Country Nationals

According to the Government Decree, citizens of other third countries can also be employed in Hungary with a residence permit for the purpose of employment and a guest worker residence permit if their home country has an organization or office in Hungary officially recognized by their government. This organization must ensure compliance with Hungarian and EU legislation and guarantee that any non-compliant worker will leave Hungary.

The Minister responsible for foreign policy will publish the list of eligible third countries in a Communication annexed to the Hungarian Official Journal.

These adjustments form a critical part of the ongoing Hungary immigration changes 2025, aiming to tighten eligibility and compliance mechanisms.

  1. Employment Residence Permit in Hungary 2025: What You Need to Know

Regulations for Applications Submitted Before January 1, 2025

For residence permits for guest workers, Appendix 1 of Government Decree 180/2024 (VII. 8.), in force until 31st December 2024, shall apply. This regulation covers citizens from the following countries:

  • The Philippines
  • The Republic of Indonesia
  • The Republic of Kazakhstan
  • Mongolia
  • The Socialist Republic of Vietnam
  • The Federative Republic of Brazil
  • Georgia
  • The Kyrgyz Republic
  • The Bolivarian Republic of Venezuela
  • The Republic of Colombia

The new eligibility rules are an integral aspect of the broader Hungary immigration changes 2025 framework.

Changes for New Applications After January 1, 2025

For applications submitted after 1st January 2025, Government Decree 450/2024 (XII. 23.) shall not apply to:

  • New applications for a residence permit for employment purposes from third-country nationals holding a valid residence permit for employment issued under Act II of 2007 before 31st December 2024.
  • Extensions of residence permits for employment purposes if the permit was valid as of 31st December 2024.
  • Ongoing applications submitted before 31st December 2024.

Processing Immigration Cases via EnterHungary Platform

An application submitted via the EnterHungary platform will be considered ongoing if the procedural fee is paid by 31st December 2024 at the latest. Additionally, applications received by a consular officer before 31st December 2024 will also be considered ongoing.

This digital pathway is one of the administrative shifts introduced by the Hungary immigration changes 2025.

  1. TEÁOR 2025 Classification Changes and Business Obligations

Transition from TEÁOR’08 to TEÁOR’25: What’s Changing?

As of 1st January 2025, the Unified Sectoral Classification System of Economic Activities (TEÁOR) will change. The TEÁOR’08 classification, in effect since 2008, will be replaced by TEÁOR’25, reflecting economic developments such as drone and smart device manufacturing.

How Businesses Can Check and Update Their TEÁOR Codes

Businesses can use the TEÁOR’25 code search program and the TEÁOR’08–TEÁOR’25 transcoding program available on the Central Statistical Office (KSH) website.

  • TEÁOR’25 Search Program: Click here
  • TEÁOR’08–TEÁOR’25 Conversion Support: Available on the KSH website.

Deadlines and Reporting Obligations for Companies

Organizations will receive their new main activity code automatically. If no automatic conversion is possible, they must update their classification by 1st July 2025.

What Happens If TEÁOR Codes Are Not Updated?

If an organization does not modify its old TEÁOR codes by 1st July 2025, the old codes will be closed ex officio as of 31st August 2025, effective 31st December 2024.

  1. NEAK Notification Letters: What They Mean for Employers and Employees

Who Will Receive NEAK Notifications and Why?

The National Health Insurance Fund Manager (NEAK) will send notification letters via Ügyfélkapu (Customer Gate) if an employer or state organization reports a change in an employee’s legal relationship.

Employer and Employee Responsibilities for NEAK Notifications

Employers must report changes in:

  • New employment relationships
  • Suspensions
  • Terminations
  • FEOR code changes
  • Working hour adjustments
  • Insurance status updates

Steps to Verify and Respond to NEAK Notifications

Clients should verify their notification letters on the Ügyfélkapu platform. If the information is correct, no action is needed. If discrepancies are found, they should visit the county government office or contact their employer for correction.

Source: NEAK Website

  1. Summary: Key Takeaways for Businesses and Foreign Workers in Hungary

How These Changes Affect Employers and Foreign Nationals

As of 1st January 2025, only Armenian and Georgian citizens can apply for a guest worker residence permit or a residence permit for employment purposes, due to valid readmission agreements.

Future Expectations: Will More Countries Be Added to the Eligible List?

The Hungarian government may expand the list of eligible countries in the future, depending on bilateral agreements.

Businesses and foreign nationals should stay informed about any further updates to the Hungary immigration changes 2025, as additional decrees may follow.

6th January 2025, Budapest
INTER RELOCATION Kft.

Relocation Service Excellence: Inter Relocation Receives Top Level Award for the 6th Time

Relocation Service Excellence: DANBURY, CONN. (OCTOBER 08, 2024) – Inter Relocation was recently honored for its outstanding contributions at Cartus Corporation’s 2024 Global Network Conference, held virtually on October 2, 2024.

Each year, Cartus recognizes the companies and individuals in the Network who have provided extraordinary service to its customers and clients worldwide.

Inter Relocation Achieves Relocation Service Excellence Recognition for the Sixth Time

Inter Relocation was named winner of the Global Network Commitment to Excellence Platinum Award for its exceptional service results, the highest level of award a supplier can achieve through service performance.

This award recognizes a supplier’s measurable commitment to excellence and is presented to Global Network service providers who have distinguished themselves by achieving critical performance metrics.

Commitment to Service Excellence in Relocation: The 2024 Cartus Platinum Award

“Cartus has always maintained rigorous criteria and performance standards for their supplier partners, and it is that high standard that makes this award win so special,” said Stuart McAlister, Inter Relocation company owner. “We’re proud to be a part of Cartus’ Global Network and to have received this accolade, which recognizes our commitment to quality, superior service, and our ability to deliver innovative ways to meet relocation challenges.”

“Our supplier partners are true leaders in their fields, demonstrating professionalism, innovation, a strong work ethic, and an unwavering commitment to service excellence. We are proud to have such a remarkable network supporting Cartus,” said Tina Frausto, Vice President of Transformation and Supply Chain. “When it comes to serving our clients and their relocating families, Inter Relocation consistently delivers the highest standard of excellence, and I want to congratulate them on this well-deserved recognition.”

Inter Relocation’s Growth and Contribution to the Relocation Industry

Inter Relocation’s growth in the relocation industry stems from its dedication to delivering high-quality, award-winning services. As the only relocation provider in Hungary to hold the EuRA Global Quality Seal, the company follows an ISO:9001-based process management model, ensuring consistent quality across all locations.

By embracing diversity and a socially responsible approach, Inter Relocation meets the unique needs of clients and assignees. Their comprehensive services, ranging from assignment planning to immigration compliance, set industry standards. Owner-managed offices and employed consultants further emphasize their commitment to providing personal, professional, and reliable service.

About Inter Relocation

Inter Relocation was founded in March 2002. It is a provider of relocation destination services and immigration compliance in Budapest, Hungary. The company was established with three full-time staff members and has since grown to twenty staff members.

In addition, in 2003 the international side of the company, called the Inter Relocation Group. From humble beginnings with the company offering relocation services in Hungary, the Czech Republic, and Poland. Inter Relocation now boasts franchise group members in twenty-two countries across Central and Eastern Europe and Central Asia. The Budapest office acts as the group headquarters.

What is the Commitment to Excellence Platinum Award?

The Inter Relocation Group has achieved Cartus’ highest award for customer service, the Commitment to Excellence Platinum Award six times already. This award was given for its exceptional service results, the highest level award a supplier can achieve through service performance. In addition, this award recognizes a supplier’s measurable commitment to excellence and is presented to Global Network service providers who have distinguished themselves by achieving critical performance metrics.

About Cartus

Cartus Corporation, a global leader in talent mobility and a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), delivers the full spectrum of corporate relocation services to organizations of all sizes across the world. These include more than a third of Fortune 100 companies as well as hundreds of clients with small-to-mid-size programs serviced through their dedicated Cartus InsigniaSM segment.

Learn more at cartus.com and anywhere.re.

Discover how Inter Relocation sets the standard in relocation service excellence.

Learn more about our award-winning services here.

Update: New immigration regulations in Hungary from 1st January 2024

Understanding Immigration Regulations in Hungary

An Overview of Immigration Regulations in Hungary, Effective January 1, 2024

The previous immigration law was replaced by a new law on January 1, 2024. The implementation of the new rules is not immediate; it occurs gradually. In cases initiated until December 31, 2023, the old regulations still apply, while the new regulations apply from March 1, 2024.

In this overview, we’ll highlight the most important immigration regulations in Hungary and how they affect both individuals and employers.

Between these two dates, the processing of residence and settlement cases, as well as the submission of applications, is suspended. From March 1, 2024, only applications according to the new rules can be submitted, but previously submitted applications will be evaluated based on the old immigration law. During the suspension period, the validity of expiring permits is extended until April 30, 2024.

Those who hold a temporary residence certificate (ITI) with respect to an ongoing permit procedure will have to attend the Immigration Office in order to extend expiring temporary residence certificates.

Changes in Immigration Regulations in Hungary

The new law introduces new types of permits, and at the same time, the general “miscellaneous purpose” or “other type” permit is abolished. Every residence permit is now tied to the residence purpose and legal basis directly specified in the law, e.g. digital nomad (White Card), medical treatment, etc. In the future, it will not be possible to issue a residence permit with a general “other” purpose, lacking a specific purpose defined in the law.

These changes mark a fundamental shift in how immigration regulations in Hungary define and categorize residence permits.

“Guest Worker” Permits

The law distinguishes between permits for work purposes, specifically between permits for work in occupations requiring higher qualifications and those known as “guest worker” permits, which allow work in professions requiring lower qualifications.

Generally, family reunification residence permits cannot be associated with the latter “guest worker” permits, and they do not entitle the bearer to settlement (permanent residence) in Hungary. Additionally, they can only be extended for a limited period (up to a total of three years). After this period, the permit cannot be extended, and instead, a new application is required. The detailed regulations for this are not yet known.

The concept of a “guest worker” encompasses various types of residence permits, generally targeting employment that does not require a high level of qualification. This includes the seasonal guest worker residence permit, the residence permit for guest workers employed for the purpose of execution of investment projects, the residence permit for employment purposes, and the guest worker residence permit.

Guidance for Employers

The previous work-purpose residence permit is now mostly equivalent to the employment-purpose residence permit.

The guest worker residence permit, understood in a narrower sense, can be applied for employment by specified employers, from countries defined by law and in occupations as specified by law.

The employment permit issued for the purpose of the implementation of investment projects is aimed at employment by employers who implement an investment as defined in an agreement with the government.

For employment in professions requiring higher education, in addition to the former EU Blue Card, the new Hungarian Card is also suitable, specifically for professions defined in separate legislation.

Citizens of Ukraine and Serbia can obtain a National Card for the purpose of employment in professions specified by legislation.

“Golden Visa”

From July 1, 2024, the so-called guest-investor visa and residence permit (“golden visa”) will be available, allowing a residence of 10+10 years for a minimum real estate fund investment of 250,000 Euros. The detailed regulations for this are not yet known.

In addition to a real estate fund investment of 250,000 euros, there will be a possibility to obtain such a visa or residence permit through a real estate purchase of 500,000 Euros or a grant provided to a designated higher education institution in the amount of 1,000,000 Euros.

The former residence permit for income-generating purposes (“gainful activities”) corresponds to the guest-self-employed residence permit.

A third-country citizen may not receive a residence permit for family unification purposes if the person to be joined as a family member holds one of the following residence permits:

  1. Guest self-employment residence permit (held for less than one year)
  2. Seasonal employment-purpose permit
  3. Permit for employment for the purpose of investment project implementation
  4. Employment-purpose permit
  5. Guest worker residence permit
  6. White Card
  7. Study-purpose permit
  8. Internship-purpose permit
  9. Residence permit for voluntary activities

The actual implementation of the new legislation is expected to be accompanied by the creation of numerous executive decrees and additional regulations containing detailed provisions. Currently, there is no information available about these, but they are anticipated to cover the precise procedural guidelines, the documents usable and required in the procedures, as well as additional conditions and circumstances that may influence the application process.

Employer Responsibilities

Employers hiring guest workers must be prepared for several new obligations. They need to register themselves, pay registration and employment fees, and ensure that an employee whose employment or residence rights have ceased actually leaves the country.

Failure to fulfill these obligations, if the employer does not act as generally expected in a given situation, can result in a fine of 5 million forints, and they may also be responsible for covering the costs associated with the deportation of the third-country national.

Employers are advised to seek further guidance on such obligations related to the employment of third-country citizens from the expected further legal regulations and related authorities to be regulated in detail in the expected but not yet available new legislation (including executive orders and further related government decrees).

Understanding and complying with the new immigration regulations in Hungary will be critical for all businesses hiring from outside the EU.

Extremely Urgent News Re Hungarian Immigration

Hungarian Immigration:

A new immigration law will come into effect on 1st January 2024 in Hungary, but all procedures will be halted between 1st January and 29th February 2024, and most of the new regulations will only be applicable from 1st March 2024.

Until 29th of February 2024 current regulations will also be applicable. During this time, no permit requests may be submitted.

All residence permits and settlement permits that expire between 2024-01-01 and 2024-02-29 are automatically prolonged until 2024-04-30 by the force of law.

Procedures started before 2024-01-01 will be judged under the old regulations.

If an application is submitted electronically, it is considered as having been started if the administrative fee is paid until December 31, 2023.

This will also apply to new applications for residence permits, residence cards, and EU registration cards, which will only be accepted if they are in the national interest, which means the government has mandated that the application is needed. Therefore, new applications can only be submitted from 1st March.

Please stand by for further updates.

Inter Relocation Receives Commitment to Excellence Gold Award and celebrates its third Cartus Masters Cup Award nomination

Inter Relocation Group celebrated its third Cartus Masters Cup Award nomination and received the Commitment to Excellence Gold Award at Cartus Corporation’s 2023 Global Network Conference, held virtually from September 20-21, 2023.

The Cartus Global Network represents Cartus’ industry-leading worldwide service provider network. Annually, Cartus acknowledges the outstanding achievements of the companies and individuals within the Network who have delivered exceptional service to its global clientele.

The theme for this year’s conference was “Where Mobility Meets Agility,” embodying the innovative, empathetic, and flexible approach of Cartus supplier partners in aiding relocating employees to navigate today’s dynamic mobility landscape.

Recognizing Demonstrable Dedication: The 3rd consecutive Cartus Masters Cup Nomination and the Commitment to Excellence Gold Award

Inter Relocation Group proudly received the Global Network Commitment to Excellence Gold Award in recognition of its outstanding service outcomes. This award honors a service provider’s demonstrable dedication to excellence and is bestowed upon Global Network service providers who have set themselves apart by attaining crucial performance benchmarks.

“Caring has always been integral to Cartus’ stringent criteria and performance standards for their Network providers,” said Stuart McAlister, Managing Director of Inter Relocation Group.

“We are thrilled to be a part of Cartus’ Global Network and to have earned this recognition, which acknowledges our team’s unwavering commitment to superior service and our ability to innovate in delivering that service within the evolving landscape of today’s relocation industry. As we celebrate our third nomination for the prestigious Cartus Masters Cup Award, we continue to deliver top-tier service for a seamless relocation experience.”

Inter Relocation reached a significant milestone this year, receiving many honours, including the Commitment to Excellence Gold Award

Inter Relocation reached a significant milestone this year, receiving many honours, including our third Cartus Masters Cup Award nomination and the Commitment to Excellence Gold Award

Exemplary Relocation Services by Inter Relocation:

At Inter Relocation, recipient of the Commitment to Excellence Gold Award, our unwavering commitment is to prioritize our clients’ needs. Our team of experts takes great pride in delivering tailored support, ensuring a smooth relocation journey.

With an in-depth understanding of the local market and swift, responsive communication, we keep our clients well-informed throughout the process, addressing any concerns and uncertainties promptly.

Eric Barnes, CFO and Senior Vice President of Supply Chain Management, remarked,

“Our supplier partners are exemplars of professionalism, dedication, innovation, and a commitment to excellence, and we take great pride in having such a robust network of providers who understand the significance of each relocation they facilitate.

When it comes to serving our Cartus clients and customers, Inter Relocation Group consistently delivers the highest level of service excellence. Congratulations on this well-deserved achievement.”

______________________________________________________________________

About Cartus

Cartus Corporation, a global leader in talent mobility and a subsidiary of Anywhere Real Estate Inc. (NYSE: HOUS), offers a comprehensive range of corporate relocation services to organizations worldwide, serving more than one-third of Fortune 100 companies and numerous small-to-mid-size program clients through their dedicated Cartus InsigniaSM segment.
For more information, please visit cartus.com and anywhere.re.

About Inter Relocation

Inter Relocation, established in March 2002, originated in Budapest as a relocation and immigration services provider. Starting with just three team members, we’ve grown into a team of 20 professionals. Founded by Stuart McAlister, a British expat, our client-focused approach reflects his firsthand knowledge of the challenges of relocation.

In 2003, we expanded internationally as the Inter Relocation Group, serving Hungary, the Czech Republic, and Poland. Today, our Budapest office serves as headquarters, and we proudly have franchise group members in 23 countries across CEE and Central Asia.

Our unwavering commitment is to provide award-winning, high-quality services while championing social responsibility, environmental sustainability, and ethical practices.

Our dedication to excellence has earned us numerous awards, including our third nomination for the prestigious Cartus Masters Cup Award, reinforcing our position as a trusted partner in the relocation industry.