Analysis
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 […]
The post New Vanuatuan passports lose visa-free access to EU appeared first on New Residency.
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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Despite recent rumors, Revolut is not moving out of Hungary. However, Revolut’s Hungarian HUF bank account is being cancelled as of 1 April 2022, which is most relevant for employers sending salaries to Revolut accounts and people spending HUF in Hungary. Get an overview from us, and see if you are affected. Who is Revolut …
The post What is happening to the Hungarian HUF bank accounts of Revolut? appeared first on Helpers Finance.
Currently, tension is growing on the border of Ukraine and Russia. Whether or not it will develop into a military confrontation, the situation is likely to affect economy in Europe and around the world. Even if inflation does not skyrocket, already existing trends might accelerate. Russia is vast, and it is a major provider of …
The post How a conflict between Ukraine and Russia can affect business in Europe appeared first on Helpers Finance.