Hungary
Where should I setup a bank account in Hungary?
We asked expats in Hungary what banks they use and there advice about banking. They advised...
"I switched to the K&H bank here in Hungary, however after 2 years I quickly returned to my old bank in the UK. The charges became unbearable, you pay for literally everything here. The bank gives you nothing at all. Even an introductory letter costs," remarked another expat in Tarnazsadany, Hungary.
"Expats considering retiring in Hungary should be aware of the cost of living, which is generally lower than in other European countries. It is important to research the healthcare system and the availability of medical services in the area they plan to live in. Expats should also familiarize themselves with the local language, as English is not widely spoken in Hungary. Additionally, it is important to understand the tax system and the regulations for obtaining a residence permit. Finally, expats should research the cultural norms and customs of Hungary to ensure a smooth transition into their new home," said a member in Hungary.
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Other Questions:
- What do I need to know before moving to Hungary?
- How do I find a place to live in Hungary?
- What is a typical expat home or apartment like in Hungary?
- What is the average cost of housing in Hungary?
- Should I buy or rent a home in Hungary?
- What should I pack when moving to Hungary?
- What cultural faux pas should I try to avoid making in Hungary?
- Why do people move to Hungary?
- What are healthcare services like in Hungary?
- What are medical services in Hungary like?
- What are typical rents in Hungary?
- What appliances are typically included in a rental?
Where should I setup a bank account in Hungary?
If you live in Hungary, newcomers to Hungary would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
