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Expatriate life in Budapest

Trends in expatriation

During the early 1980′s expatriation was dominated by professionals sent by their employers to foreign subsidiaries or headquarters for long-term posts. By the end of the 1990′s, however, globalization had created a new world market for skilled professionals. With the cost of intercontinental travel significantly decreasing and a booming economic uptown, employes could afford to turn to recruitment on a global scale if they could not find the right talent in the local market.

This has created a different type of expatriate where commuter and short-term assignments are becoming common, and gradually are replacing the traditional long term. Private motivation is becoming more relevant than company assignment. Families might often stay behind when work opportunities amount to months instead of years. The cultural impact of this trend is more significant. Traditional corporate expatriates did not integrate and commonly only associated with the elite of the country they were living in. Modern expatriates form a global middle class with shared work experiences in Multi-national Corporation and working and living the global financial and economical centers. Integration is incomplete but strong cultural influences are transmitted. Middle class expatriates contain many re-migrants from emigration movements one or two generations earlier.

Different Culture = Challenges + OPPORTUNITIES

Get support from a professional Coach – when relocating to Hungary !

• to be efficient in your communication with the local colleauges
• to understand and leverage on cultural differences in Hungary
• be more effective to build alliance with local partners
• create successful local + international strategies

other services:

• multi-cultural strategy workshops
• management skills trainings courses
• organisational development
• executive advisory
• team-building
• team and individual supervision

... in English, German, Hungarian languages

professional background:

8 years international management career at Reuters in Scandinavia: in charge of business development in 12 countries (Nordic + Baltic region).

Best-in-class trainings in Genf, Zürich, London, Vienna, Ashridge.

2 years country management of a German credit card company, DKV Euro Service

• Oxford Brookes University – international economics degree
• University of Amsterdam and Kassel supervision methods
• Ashridge Univerversity applied economics
• Coach University (ICF) Windsor/UK

References:

Katalin Juhos
+ 36 30 689 6652
katalin@borealis-partners.com
www.borealis-partners.com