Investment

Stay on top of the October economic trends and investment options in Hungary

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.

The post Stay on top of the October economic trends and investment options in Hungary appeared first on Helpers Finance.

Changes to the Hungarian real estate landscape in September 2022

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 energy price subsidies.

The post Changes to the Hungarian real estate landscape in September 2022 appeared first on Helpers Finance.

Property purchase in Hungary as a foreigner

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.

Base rate increase in Hungary to reduce inflation

The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which should help restrain inflation and the depreciation of HUF compared to EUR.

The post Base rate increase in Hungary to reduce inflation appeared first on Helpers Finance.

Hungary vetoes EU global minimum tax proposal

After the October announcement of joining the global minimum tax convention, Hungary has just vetoed the EU proposal on implementation, while the Hungarian Parliament has also passed a bill on not supporting the scheme for the time being.

The post Hungary vetoes EU global minimum tax proposal appeared first on HELPERS.

The crypto landscape in times of war

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.

The post The crypto landscape in times of war appeared first on Helpers Finance.

New Vanuatuan passports lose visa-free access to EU

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.

Safe investment when war is coming your way

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 in uncertain times, when war looms on the horizon? Learn which are the safest kinds on investment in such cases.

The post Safe investment when war is coming your way appeared first on Helpers Finance.

Golden visa renewal Hungary

If you and your family members have Hungarian residency that you received after purchasing to so called “Residency Bonds”, there is a chance that your Hungarian government bonds will mature soon, and that you should renew your permanent residency.

The post Golden visa renewal Hungary appeared first on HELPERS.