Brexit

Foreign-owned companies in Hungary in numbers

Foreign-owned companies have been contributing massively to Hungarian economy over the last fifteen years. Get an overview of what this means in numbers, and consider how your business might fit a niche on the Hungarian market.

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Brexit: Last call to UK citizens living in Hungary

UK citizens can apply for a Hungarian national permanent residence permit until the end of 2021. You can base your application on your prolonged stay in Hungary, which can be verified simply by your EU registration card.

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No-deal Brexit: UK citizens in Hungary

With a no-deal Brexit, UK citizens living in Hungary will have to change their EU registration card to permanent residency in 2021. If you are not yet registered, register as soon as possible.

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Brexit impact around the corner – keep your EU residency

The United Kingdom left the EU on 31 January 2020. Brexit was followed by a transition period, which will end on 31 December 2020. If you are living Hungary as a UK citizen, you should act now to keep your EU residency and the privileges it entails even after that.

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Post-Brexit rules concerning UK citizens in Hungary

The Withdrawal Agreement sets out a transition period until 31 December 2020. If you are already a registered resident of Hungary, no action is required on your side. You will be able to keep your registration card even after the transition period.

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EU residency for UK citizens after Brexit

If all goes well, if you register as a resident of Hungary before the end of the transition period, you can keep all your rights associated with the EU registration card after 1 January 2021.

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Stay in the EU after Brexit: EU citizenship for UK citizens in Hungary

Since the vote on Brexit, many British citizens are looking for a second, EU citizenship in order to keep their privileges as citizens of the European Union, including the right to live, travel, and do business in the EU. While Germany is by far the most popular destination, Hungary is most popular in Central Europe.

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EU company after Brexit

It seems increasingly unlikely that the UK will get any kind of sweetheart deal from the EU after Brexit. This means that your UK company will no longer have access to the European single market, and that you as a UK national will lose the right to move freely within Europe.

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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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EU residency for British expats after Brexit

The referendum on whether Great Britain should leave the European Union took place almost two weeks ago. The UK has not yet officially declared to the EU that they want to leave. When they do, how will Brexit affect the 1.2 million British expats currently living in EU countries?

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