Investment
Last week the Hungarian Tax Authority has published a notice about the effects of the cancellation of the U.S.-Hungarian double taxation treaty. This marks an end to hopes that the treaty might be reinstated or a new treaty might be introduced.
The post U.S.-Hungarian double taxation treaty stays canceled appeared first on Helpers Finance.
The Széchenyi Card Program is government-backed loan construction to support development projects at small and medium sized businesses in Hungary. With its 5% interest rate, it is an excellent option in the current financial environment.
The post Is the loan of the Széchenyi Card Program a good option for your small business? appeared first on Helpers Finance.
Last week the Hungarian National Bank (MNB) held a press conference about economic expectations in Q1 2023 and the measures it is taking to counter inflation and moderate foreign exchange rates. They are continuing the implementation of a tight monetary policy until more encouraging economic trends are detected.
The post How long will the MNB keep up the tight monetary policy in 2023? appeared first on Helpers Finance.
FTX is one of the largest international platforms for crypto trading – at least it was until recently. After a scandal related to loans provided to Alameda research, FTX filed for bankruptcy early November 2022, which had far rippling effects throughout the cryptocurrency landscape. Read on to get a quick overview of the events. From …
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At the end of November 2022, an interest rate cap was introduced on Hungarian deposits above HUF 20 million in order to redirect investment toward government bonds. This is one of the measures in a balancing act of keeping HUF exchange rates relatively low. Since the new regulation does not affect foreign investment, it will …
The post Interest rate cap in Hungary steers investment toward government bonds appeared first on Helpers Finance.
Are you looking for long-term investment options in Hungary? Bank deposits, government securities, and stocks are among the most popular options. Whichever you choose, you will be required to pay taxes on your interests. Learn how you can decrease taxes, and what to watch out for when working with banks and brokerage companies. Investment as …
The post <strong>Taxes on long-term investment in Hungary</strong> appeared first on Helpers Finance.
How to make the most of your money is never an easy question. Especially under the current, unprecedented circumstances, among a pandemic, war, and increasing energy costs, it is increasingly difficult to make the right investment decisions. Read on to get an overview of the most prominent economic trends in Hungary in October 2022. Inflation …
The post Stay on top of the October economic trends and investment options in Hungary appeared first on Helpers Finance.
Real estate is traditionally considered a safe investment. Prices are constantly on the rise, at least to the keep up with inflation. Now, after more than 2 years of pandemic and half a year of war, prices are still increasing in Hungary, while new patterns of demand are emerging due to a recent change in …
The post Changes to the Hungarian real estate landscape in September 2022 appeared first on Helpers Finance.
To counter the effects of inflation, new government securities are introduced in Hungary, while existing ones are also updated to provide safe options for savings and investment in Hungary. Announcement by the Government Debt Management Agency Starting from 19 September, interest rates will be increased as follows: One Year Hungarian Government Securities (EMÁP): from 4.75% …
The post New government securities available to natural persons in Hungary appeared first on Helpers Finance.
If you are not a citizen of Hungary, you might need a property purchase license before you can finalize the deal – your lawyer can take care of it. After purchase, you will be required to pay property tax, which is normally 4% of the purchase price.
The post Property purchase in Hungary as a foreigner appeared first on HELPERS.