Analysis
What you know as sales tax in the U.S. is more or less the same as VAT or Value Added Tax in Europe. Both are consumption-based taxes that are collected indirectly, meaning that while it is the end user who ultimately pays them, they are integrated into prices and collected by the seller. However, while sales tax should be collected only from the end user, VAT is collected at every point of sale – while remaining economically neutral for businesses.
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With TISZA Party winning the last elections, Hungary is ready to strengthen ties with the EU, which will include working more closely with EU institutions, and which puts the introduction of EUR in the not-too-distant future. Markets have been reacting positively to the impending changes, making Hungary an even more attractive destination for business and investment.
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Small companies operating in industries where long delays are typical between invoicing and settlement sometimes struggle with paying VAT on time – since the VAT content of their invoices must be paid according to the date of delivery, not settlement. Cash accounting was designed to counterbalance this, but it has some serious drawbacks.
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In the European Union, most countries have a minimum wage. Each state determines their own minimum wage, and they adjust it regularly to maintain it as a living wage that provides a decent standard of living for full-time workers. A minimum wage can also increase productivity and motivate efficient business operation. Hungary has a minimum wage too; it is applied to everyone without exceptions and adjusted yearly.
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Italy was famously among the countries offering the laxest rules regarding citizenship by descent – until last year, when a new law restricted citizenship based on ancestry to people with Italian parents and grandparents, and added new conditions. Now the Italian Constitutional Court has confirmed the law, which will stay in force for the foreseeable future. This comes as a blow to many who hoped to get Italian citizenship and thereby gain access to Europe – but there may still be options for you within the EU.
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A recent survey intended to find out which investment immigration programs are the most popular among investors and agencies. The two most prominent programs, however, both offer fewer advantages than the Hungarian Golden Visa Program.
The post Which are the most popular investment immigration programs in Europe? appeared first on Golden Visa Hungary.
Taxes in Hungary get updated regularly to reflect changes in economy. The Parliament has recently approved the latest tax package of 11 updates for 2026 and beyond. Read on to learn what the latest tax changes are and how they will affect your Hungarian business.
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Just two weeks ago, the Hungarian Forint made headlines due to growing stronger against USD. Right now, after the latest Fed announcement, HUF is stronger than anytime over the last three and a half years at around HUF 330.
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As of September 2025, a new housing loan scheme is introduced to support first-time homeowners in Hungary. The loan is available to anyone who has not previously owned residential property in Hungary on their own and has a Hungarian address card.
The post New 3% housing loan to first-time owners in Hungary appeared first on Helpers Hungary.
Last Friday, HUF got to its strongest against USD in two years with an exchange rate as low as HUF 334.6. While this is mostly due to the international decline of USD, HUF did get stronger against EUR and CHF too because of a generally good political climate.
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