Zártkert (“enclosed garden”) is a special land type in Hungary which is considered to belong to the outskirts of a town even if it is located in a seemingly residential area. Its buildability is limited, and it has similar requirements to owning agricultural land. Before property purchase, make sure to check the land type on the title deed because it is legally binding.
The post “Zártkert” and property purchase – what is an enclosed garden in Hungary? appeared first on Helpers Hungary.
If you work in Hungary, you are supposed to work only when you are actually fit to work. If you are sick, you should go on sick leave, during which you should still receive a salary from your employer, or a sick leave allowance from the Hungarian state.
The post How does sick leave work in Hungary? appeared first on Helpers Hungary.
The rise of the digital nomad created a new type of demand on the Budapest real estate rental market. While traditional rentals are leased empty and for at least 12 months, digital nomads are typically looking for fully furnished apartments for shorter terms, providing investors new opportunities in the segment of mid-term rentals.
The post How did digital nomads change the property rental market in Budapest? appeared first on Helpers Hungary.
When you are planning property investment in Hungary, you should take into consideration not only the price of real estate, but also the taxes you will have to pay after purchase, rental, are sale. They will depend on various factors, including your tax residency and your long-term plans. As such, it makes sense to consult a tax advisor before you take the first step.
The post Taxes on property investment in Hungary appeared first on Helpers Hungary.
Do you have Hungarian permanent residency based on family unification? Check what kind of card you have. If you have the old, laminated card that was issued between August 3, 2016 and August 2, 2021, instead of the newer, plastic one, it will expire as of August 3, 2026. Other permits remain valid.
The post Old family unification based permanent residence permits expire soon appeared first on Helpers Hungary.
Over the last few weeks, HELPERS has been working together with immigration, HR and business experts to create a proposal to reform Hungary’s immigration legislation.
The post Helpers works with a round table of experts to propose work permit reform appeared first on Helpers Hungary.
When you make a written agreement about anything, it should comply with certain formal requirements to make it a binding document. You are expected to put your signature and initials in specific places, provide appropriate attestation, and use a blue ink pen.
The post Formal requirements of a contract in Hungary appeared first on Helpers Hungary.
When you make a written agreement about anything, it should cover certain topics to ensure that both parties are aware of their rights and obligations. If there is a dispute in the future, it can be settled based on the terms laid out in the contract and in the relevant law.
The post What to include in a contract in Hungary? appeared first on Helpers Hungary.
When real estate investment in central Europe is discussed, Budapest is often compared to Vienna or Prague. For investors, main concerns include where you can buy real estate for a lower price, and where you can hope to achieve higher return on investment. Right now, Budapest is the answer to both.
The post Budapest is more popular for real estate investment than Vienna or Prague appeared first on Helpers Hungary.
The first step of the immigration reform in Hungary leaves most residence permit types intact. In fact, only one type of residence permit changes: the so called “guest-worker residency”, which makes up only a fraction of residency and work permit applications. For this permit type, no new applications will be possible, while holders can stay in Hungary.
The post First step in immigration reform in Hungary – who is affected? appeared first on Helpers Hungary.