Analysis
Stagflation is when economic growth slows down while inflation continues to increase. Developments of the last few years, most prominently the COVID pandemic and the war in Ukraine are making stagflation an increasing possibility. What do projections say, and how can you best prepare your Hungarian business? Factors leading towards stagflation The coronavirus pandemic that …
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Working online has been gaining more and more popularity over the last years. It was a logical next step that work that can be performed remotely should be possible to be performed from the most remote corners of the world. In line with this, countries have started offering digital nomad visas and residence permits to […]
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The current Hungarian Citizenship Act was accepted in 2010, and it grants citizenship to everyone with Hungarian descendants. Since the new Act came into force, more than 1 million people received Hungarian citizenship, and there are many more eligible.
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Cryptocurrencies are stateless, decentralized, anonymous digital currencies, which have often been viewed as a kind of doomsday insurance. They were supposed to be resilient to the fluctuations of the real world, but they have not exactly delivered on that promise as the new dominant international asset. Currency volatility in the crypto landscape The lack of …
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At the moment, Hungary is receiving people from Ukraine who fall into four major categories. Each category offers different options for staying in Hungary.
The post Overview of current status and available options for people fleeing Ukraine towards Hungary – March 20, 2022 appeared first on HELPERS.
The war in Ukraine creates uncertainty in the entire region. Scarcity and instability hasten inflation, which at this scale is capable to affect the global economy. These effects are most obvious in the changes to foreign exchange rates. Currency volatility in Europe The fights in Ukraine affects most the countries that are closest, and which …
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If you are coming from Ukraine to Hungary because of the war, you are eligible for temporary protection, whether you are a citizen or a resident of Ukraine. However, if you intend to stay, you might want to consider other residency options in Hungary.
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Vanuatuan passports have granted visa-free access to the EU since 2015. Now the European Council has decided to suspend that starting from May 2022 due to security concerns raised by how Vanuatu manages its citizenship by investment program. The new restriction affects Vanuatuan citizens whose passports were issued since May 2015. Visa-free travel with Vanuatuan […]
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When you have funds in excess, it is usually best not to just let them lie around in your pocket or on a bank account, but to make some kind of investment to ensure that your money retains its value, or even turns a profit. But from which investments can you actually expect that, especially …
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As a fallout of the current war between Ukraine and Russia, the Central Bank of Hungary (Magyar Nemzeti Bank or MNB) has recently announced that Sberbank Hungary will be liquidated. Bank deposits are insured by OBA and will be returned to customers; corporate customers should find a new financial provider as soon as possible. So …
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