Tens of thousands of German pensioners moved to Hungary: and it’s just the beginning
It appears that German pensioners are pretty fond of Hungary, since large flocks of them make the decision to relocate and spend their years in retirement in our country. That is hardly surprising: Hungary provides safety, security and political stability. Besides, its private medical and social care institutions offer high-quality service. And the biggest incentive: Hungary is fantastically cheap for an average German pensioner, especially nowadays with the forint hitting historic lows.Â
According to index.hu, in the last four years, the number of German citizens living in Hungary has increased by 35%. The majority are pensioners who decide to spend their years of retirement in Hungary. Bence Bauer, the director of the Hungarian-German Department of the Mathias Corvinus Collegium (MCC), told InfoRádió that currently 22 thousand German citizens habitually reside in Hungary.
The researcher on the Hungarian-German relationship said many reasons are behind the inflow of German nationals. One of the most important is money. They can buy properties in Hungary for a much lower price than in Germany. The other crucial factor is public safety.
Read also:
- Why are thousands of German pensioners moving to Hungary? – Read more HERE
- This is why Hungary attracts German pensioners
Hungary more popular than the Spanish Riviera among German pensioners
Bauer added that the number of crimes committed per 100,000 people is 1/4th of the German crime figures. Moreover, Hungary’s weather is better than Germany’s, and the culinary, tourist and cultural services are also exceptional. Many German pensioners said they find today’s Hungary like a mirror image of their childhood Germany.
Bauer said the influx will not cease in the future. There are tens of thousands of appeals on the desk of the German pension authority that request the monthly pension to be transferred to a foreign account.
The German pensioners tend to buy property in Transdanubia (Somogy, Veszprém, Győr-Moson-Sopron, and Zala counties). Interestingly, more and more German pensioners choose Lake Balaton for their summer holiday instead of the Spanish Riviera, ABC, a Spanish portal wrote in August.
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3 Comments
Get over it, Hungary is poor so for people from Germany it’s dirt CHEAP. The weather helps and mostly these are people with a small pension in Germany who are rich in Hungary. If they need medical care they go back to Germany where it’s much better and cheaper than Hungary. Sorry it’s not about a desirable land but a cheap one.
Those immortals Boomers they destroyed them countries with Islamist immigration voting for the left ! And now they come here to find Christian safety and make the prices of real estate and service sky rocketing ! Please give them a 5th dose of Pfizer !
I also left my home country Germany due to high taxes, incredibly high energy costs, unlimited Migration of uneducated people coming from a different culture and historical background, severe shortage of living space (apartment and house shortage) and a political climate which reminds me since 18 years more and more to a new form of communism. This new Germany, after the Communistic Merkel area, has nothing to do with the Germany anymore I am grown up in. The insanity of total hypocrite, insane and contractictory political decisions since many years on almost daily basis, will bring the country a very difficult future. I personally saw and see no light in the tunnel and chose the only way out of this misery by migrating, with my family and businesses, to another country. To summerize. The economical downturn of Germany is caused by wrong political decisions since many years. The “Green Dream” is not only a big lie, but also a disaster for an Industry Country which depends on reliable and payable energy. Dream on my fellow Germans and you will wake up soon in a nightmare with social unrest and daily fight for survival.