The Hungarian Immigration Office has recently published its 2022 summaries, while the Hungarian Central Office of Statistics regularly publishes data about employment rates and empty positions. Get an overview of the latest data, and see what that means for your Hungarian business.
In July, Hungary’s Minister of Foreign Affairs and Trade Péter Szijjártó announced that the limit on the number of foreign workers in foreign-owned Hungarian businesses would be raised from 10% to 20%. However, many enterprises under foreign ownership already employ more third-country nationals than that. How is that possible? Are these enterprises breaking the law?
Hungary has been facing labor shortage because of demographic reasons. As a result, the government has taken steps to make it easier for foreigners to work in the country. These measures proved very successful, more than tripling the number of work permit applications over the last three years before the pandemic.