Investment

How did digital nomads change the property rental market in Budapest?

The rise of the digital nomad created a new type of demand on the Budapest real estate rental market. While traditional rentals are leased empty and for at least 12 months, digital nomads are typically looking for fully furnished apartments for shorter terms, providing investors new opportunities in the segment of mid-term rentals.

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Taxes on property investment in Hungary

When you are planning property investment in Hungary, you should take into consideration not only the price of real estate, but also the taxes you will have to pay after purchase, rental, are sale. They will depend on various factors, including your tax residency and your long-term plans. As such, it makes sense to consult a tax advisor before you take the first step.

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Hungary advances to rank 6 on the Henley Passport Index

A Hungarian passport can grant you visa-free access to more than 180 countries around the world. With this, Hungary remains in the top 10 of countries according to the Henley Passport Index, a list updated quarterly by one of the most prestigious investment residency and citizenship providers in the world.

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Formal requirements of a contract in Hungary

When you make a written agreement about anything, it should comply with certain formal requirements to make it a binding document. You are expected to put your signature and initials in specific places, provide appropriate attestation, and use a blue ink pen.

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What to include in a contract in Hungary?

When you make a written agreement about anything, it should cover certain topics to ensure that both parties are aware of their rights and obligations. If there is a dispute in the future, it can be settled based on the terms laid out in the contract and in the relevant law.

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Budapest is more popular for real estate investment than Vienna or Prague

When real estate investment in central Europe is discussed, Budapest is often compared to Vienna or Prague. For investors, main concerns include where you can buy real estate for a lower price, and where you can hope to achieve higher return on investment. Right now, Budapest is the answer to both.

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Hungarian real estate prices for investment

Real estate is considered to be one of the safest type of investment. People will always need accommodation, and whether you buy for yourself or as a rental business, you will always be able to sell your asset with a profit. Hungarian real estate prices show a wide variety, depending on location, size, building materials, and other aspects.

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Permanent residency renewals from previous golden visa program

Before the current Golden Visa Program was introduced, Hungary had a Residency Bond program for investors. It also offered permanent residency, and participants are now up for their second residency renewal.

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Permanent residency renewal for Hungarian Residency Bond clients

Did you receive Hungarian permanent residency through the Residency Bond Program? If yes, it is probably time to think about extending your residence permit. Check the expiry date of your permit, and get ready for the renewal process in time.

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Which are the most popular investment immigration programs in Europe?

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.

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