Nomad Score: 72%

Essentials

🏙️ City Budapest is the capital city of Hungary, known for its stunning architecture, historic thermal baths, and vibrant nightlife.
👥 Population Approx. 1.75 million
💻 Internet Speed Average 100 Mbps
💸 Currency & Banking 1 HUF ≈ 0.0027 USD, 1 USD ≈ 370 HUF
🚰 Tap Water Drinkable
🔌 Power 230V, 50Hz, 🔌 Type C/F sockets
📶 SIM Card Providers include T-Mobile, Vodafone, and Digi, offering various prepaid options.
💳 Banking for Expats Popular payment methods include bank cards, Revolut, and Wise.
🛌 Accommodation Options include Airbnb, local rentals, and hostels. Average monthly rent for a one-bedroom apartment in the city center is around €600.
💳 Cashless Friendly Yes, cards accepted widely.
🏠 Short Term Rentals Airbnb and local real estate agencies are popular for short-term stays.
🛏️ Budget Accommodation Hostel Klauzál, starting at €10 per night.

Working and Networking

🏢 Best Coworking Space KAPTÁR is a popular coworking space located in the heart of Budapest.
Best Cafe for Work Caffè Torino offers a great atmosphere with reliable WiFi for remote work.
💼 Networking Events Meetups held regularly via Meetup.com and expat groups on Facebook.
🥂 Social Events for Expats Budapest Expat Meetup groups on Facebook and regular gatherings at Szimpla Kert.

Transportation

🚕 Best Taxi/Ride App Bolt and Főtaxi are popular apps for ride-hailing.
🚲 Bike/Scooter Rental Lime and Donkey are available for electric scooters; bike-sharing options include MOL Bubi.
🏖️ Best Beach Nearby Lake Balaton is a 1.5-hour drive but offers beach access.
✈️ Top Regional Airline Wizz Air operates numerous regional flights.
✈️ Top International Airline Lufthansa and KLM offer major international connections.
🛣️ Highway Access M1 and M7 highways provide major road connections.
🚉 Main Train/Transit Hub Keleti Pályaudvar is the main train station in Budapest.
🚍 Public Transport Passes Budapest offers monthly passes for approximately 9,500 HUF.
✈️ Regional Travel Train (MÁV) services to nearby cities like Szeged and Eger.

Health and Wellness

🏥 Best Hospital Semmelweis University Hospital is a well-known healthcare facility.
🧘 Yoga & Wellness Centers Yoga Revolution offers various classes and wellness programs.
🏋️ Gyms & Fitness Centers Fitness of World has several branches across the city.
🧺 Laundry Services Laundromat Budapest provides self-service laundry facilities.

Food and Drink

📱 Best Food Delivery App Foodpanda and Wolt are popular for food delivery services.
🍽️ Best Local Dish to Try Gulyás (goulash) is a must-try traditional dish.
🍱 Vegan/Vegetarian Options Great restaurants include Kozmosz and Napfényes Étterem.
🍫 Best Dessert Spots Gerbeaud Café is famous for its traditional pastries.
🛒 Affordable Shopping Spots Great Market Hall for budget-friendly local produce.
🛒 E-commerce/Online Store Alza and eMAG are popular online marketplaces.
🛒 Grocery Delivery Tesco and Auchan provide delivery options.
🍸 Bar/Nightlife Area Ruin bars in the Jewish District, especially Szimpla Kert.
🍻 Local Brewery Élesztő is a well-known craft brewery to visit.
🍷 Wine Bars The Wine Bar in Buda offers a fantastic selection of Hungarian wines.
🍲 Street Food Stalls Karavan Street Food offers a variety of local and international options.
🍕 Popular International Cuisine Restaurants like Pizza Me serve great international dishes.

Culture and Attractions

🎟️ Must-See Landmarks Buda Castle and the Chain Bridge are essential sights.
🏛️ Museums & Art Venues The Hungarian National Museum is renowned for its collections.
🏰 Historical Sites Heroes' Square and the Fisherman's Bastion are significant historical sites.
🕍 Religious Sites St. Stephen's Basilica attracts many visitors for its architecture.
🎉 Annual Events Budapest Wine Festival and the Christmas Market in December.
🎨 Cultural Districts The Jewish Quarter is rich in history and culture.
🎭 Theater Venues The Hungarian State Opera House is famed for its performances.
🛍️ Local Markets Great Market Hall offers local crafts and food.
🎼 Music Scene Budapest has a vibrant music scene with venues like A38 Ship.
🎨 Street Art Explore street art at places like the Jewish Quarter.
🧑‍🍳 Cooking Classes Cooking with a View offers various Hungarian cooking classes.
👩‍🎨 Art Galleries Mücsarnok is a contemporary art gallery worth visiting.
🕰️ Historic Buildings Dohány Street Synagogue, the largest in Europe.
🏴 Local Heritage Hungarian heritage is deeply reflected in the culture and architecture around the city.

Nature and Outdoor Activities

🌅 Nearby Nature Escapes Buda Hills offer hiking trails and nature experiences.
🏞️ National Parks Nearby Duna-Ipoly National Park is accessible from Budapest.
🚲 Cycling/Walking Paths The paths along the Danube River are popular for cycling and walking.
🌄 Scenic Viewpoints Gellért Hill offers panoramic views of the city.
🦉 Birdwatching Locations The wetlands of the Danube Bend are great for birdwatching.
🔥 Bonfire-Friendly Spots Designated areas in the Buda Hills allow bonfires.

Other Services and Amenities

📦 Parcel Delivery Service Hungarian Post and DHL offer reliable services.
🛠️ Tech Repair Services iFix offers quality repairs for electronic devices.
🏓 Table Tennis Spots Playgrounds in public parks often have table tennis tables available.
🧑‍🏫 Language Classes Language schools like Budapest Language School offer Hungarian courses.
📚 Libraries & Study Spots The Metropolitan Ervin Szabó Library is a great place to study.
🏘️ Community Centers The Bethlen Square Community Center hosts events and activities.
🕹️ Gaming Lounges Game Fanatic is a popular venue for video game enthusiasts.
🎰 Casino & Gaming Halls Las Vegas Casino offers various gaming options.

Business

🏢 Studio Purchase Price (City Center) Approx. €3,300 per m² (e.g., 40 m² = €132,000)
🏢 Studio Purchase Price (Outside City) Approx. €2,500 per m² (e.g., 40 m² = €100,000)
🏠 1-Bedroom Purchase Price (City Center) Approx. €3,900 per m² (e.g., 60 m² = €234,000)
🏠 1-Bedroom Purchase Price (Outside City) Approx. €2,800 per m² (e.g., 60 m² = €168,000)
🏡 2-Bedroom Purchase Price (City Center) Approx. €3,600 per m² (e.g., 80 m² = €288,000)
🏡 2-Bedroom Purchase Price (Outside City) Approx. €2,400 per m² (e.g., 80 m² = €192,000)
💼 Corporate Tax 9%
💵 Dividend Withholding Tax 15%
🏦 Tax System Progressive tax system based on income.
📈 Highest Income Tax Bracket 15%
🧾 VAT 27%, the highest in Europe.
🌐 Controlled Foreign Company (CFC) Rules Yes, applicable for certain income types.
🏠 Property Tax Yes, based on property value and local regulations.
🏠 Property Transaction Tax Transaction tax is generally set at 4%.