In recent years, the number of people immigrating to Hungary has been gradually increasing. This is largely because many customers are optimistic that China-Hungary trade relations are getting closer and cooperation is getting deeper, and that immigrating to Hungary will bring more business opportunities.
At the same time, if you want to facilitate business travel, obtaining an EU Schengen green card through Hungarian immigration is also the fastest, easiest and safest way to invest.
Hungary is a member of the European Union. Information from the Chinese Economic and Commercial Counselor's Office in Hungary shows that the trade volume between China and Hungary in 2015 was US$9 billion, a year-on-year increase of 9.4%.
In recent years, China-Hungary trade has generally shown a steady and rapid growth trend.
With the continuous development of bilateral trade between China and Hungary, mutual investment between the two countries has grown steadily.
According to statistics from the Chinese Ministry of Commerce, as of the end of 2011, China's non-financial direct investment in Hungary was US$475 million.
China's investment in Hungary involves finance, chemical industry, communication equipment, etc.
Bank of China has established the only directly affiliated bank in Central and Eastern Europe in Hungary, and Huawei has established European Supply Center, ZTE, Seven Star Electronics and other industries in Hungary.
Foreign investment enjoys national treatment in Hungary. Hungary’s preferential policies mainly include EU fund support, Hungarian government subsidies, tax exemptions, training subsidies and employment subsidies.
Hungary has a complete range of specialty industries, and its pillar industry is automobiles. Hungary is the largest electronic product producer in Central and Eastern Europe, with its output value accounting for about 25% of the region's total output value.
(1) The electronics industry is also the largest industrial sector in Hungary, with output value accounting for nearly 1/4 of the total output value of the country's manufacturing industry, and exports accounting for approximately 1/3 of Hungary's total exports.
(2) The automobile industry is an important pillar industry in Hungary, with its output value and export accounting for 20% of Hungary’s total manufacturing output value and total goods exports.
(3) Hungary’s pharmaceutical industry has a long history and is one of the country’s most competitive industries.
Hungary is also the largest pharmaceutical producer and exporter in Central and Eastern Europe, with exports accounting for about 30% of the region.
(4) With the strong support of the Hungarian government, Hungary's biotechnology industry has achieved rapid development, and its scale and technical level have leapt to the forefront of new EU member states.
Many people simply immigrate to Hungary because of the growing closeness between China and Hungary. On the one hand, they want to take their careers to a higher level, and on the other hand, Hungary’s welfare system and living environment are also excellent.