Also in the news...
France: providing services and travelling for business
Guidance for UK businesses on rules for selling services to France.
Living in the USA
Information about moving to, living or retiring in the USA – including visas, working, healthcare and driving.
Trade with Liechtenstein
How you import from and export to Liechtenstein
UK trade with the United States: Impact of tariffs on imports and exports of goods
A closer look at the goods the UK trades with the United States in the context of trade tariffs.
Simplified rates for bringing personal goods into the UK
Find out about the simplified rates of customs and excise duty used when you declare your personal goods online.
Overseas business risk for Hungary
Information on key security and political risks which UK businesses may face when operating in Hungary.
1.Political and economic
Hungary is a parliamentary republic and a multiparty democracy. Hungary is a member of the North Atlantic Treaty Organization (NATO), the Organization for Security and Co-operation in Europe (OSCE), and the European Union (EU).
The last general election was held on 3 April 2022. The governing Fidesz party – in alliance with the Christian Democrats (KDNP) – secured a two-thirds majority in Parliament (for the fourth time in a row), which allows them to amend a special class of laws including the Fundamental Law (the Constitution). The Democratic Coalition (DK) is the largest opposition party.
Hungary is a high-income country (GDP per capita was 17,296 USD in 2022) with a mixed and open economy and a positive trade balance.