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9% corporate tax to make running a business in Hungary even more economical

If you want to set-up a company in the EU, Hungary has been the best choice for a long time. Now running a business in Hungary will become even more economical thanks to new legislation on 9% corporate tax from 2017.

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Summer events for students in Hungary

After you have passed all your exams, you probably want to forget about textbooks and classes and just have fun for a while. Luckily, Hungary offers a range of summer events, including various music festivals in all sorts of locations and musical genres, so you can be sure to find your favorite.

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When does the school year in Hungary start and end?

In Hungarian primary and secondary schools, the school year starts on the 1st of September and ends on the 15th of June. At universities, the exact start of the academic year can vary a little, but it is usually divided into two semesters.

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How do I find a place to stay as a student in Budapest?

As a student at Hungarian university, you have a range of accommodation options depending on your budget and your preferences. You can surely find a place to stay based on that.

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How do I renew my Hungarian residence permit?

A residence permit based on business ownership in Hungary is usually granted for a year. During this year, you’ll have to do the groundwork and launch your business, and show the Immigration Office that your business is sustainable and profitable, so that it provides the necessary means for you to live in Hungary.

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How do I keep my European residence after Brexit?

For UK citizens living or doing business abroad, Brexit is likely to have a host of negative consequences. Hungary, boasting the lowest corporate tax in Europe, has long been an attractive country for UK investors. Since the country is a permanent member of EU and the Schengen area, with no intention to leave, as a UK investor, you can combine all its advantages

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How can I find a registered address as a foreigner in Hungary?

The rental market is booming, and many apartment owners prefer to rent to a Hungarian who they can talk to in person, and who they believe knows local customs better. The situation is even more difficult when you are trying to rent a place before arriving to Hungary: the fact that they cannot see you in person dissuades many people from signing a contract with you.

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Should I open a cafe in Budapest?

Hungary has a long-standing cafe-culture, but while this used to be an afternoon or evening pastime, expats and young Hungarian professionals have created a trend to have breakfast or brunch at their favorite cafe.

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Should I rent or buy property in Budapest?

When deciding if you want to rent an apartment or a house or buy one, there are several questions to consider. Do you plan to spend a lot of time there? Would you also use it as your office? Would you prefer to be able to use it for a vacation rental when you are not using it yourself?

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Buy an apartment for renovation in Budapest

A great number of apartments in prime downtown locations have not been renovated for years or sometimes decades. Thus, you can buy an apartment for renovation; then renting or reselling it guarantees a great return on your investment.

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