Property

CSOK Plus and the Hungarian real estate market in 2024

CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a summary on the program and its latest impact.

The post CSOK Plus and the Hungarian real estate market in 2024 appeared first on Helpers Finance.

Start looking for a house for your Hungarian golden visa

Interested in getting a Hungarian golden visa by buying property? The application period for the Hungarian golden visa program does not start until July 2024, but it is wise to start looking for residential real estate in Hungary now.

US-Hungarian double taxation treaty canceled – what to watch out for?

The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.

The post US-Hungarian double taxation treaty canceled – what to watch out for? appeared first on Helpers Finance.

Existing and upcoming investment residency options in Hungary

Last week a new golden visa program was announced in Hungary, going live in 2024 (exact date not known yet). However, Hungarian residency is already available based on real estate investment. Should you wait for the new program, or should you act now? Read on to find out.

The post Existing and upcoming investment residency options in Hungary appeared first on HELPERS.

Update your address on your Hungarian accommodation slip

Citizens have an address card to state where they live, while third country nationals have an accommodation slip. If you move to a new place, your data should be updated with the Immigration Office. Starting from this year, you can do that fully online.

The post Update your address on your Hungarian accommodation slip appeared first on HELPERS.

Property sale in Hungary: How to sell your apartment as an expat?

To sell your Hungarian apartment, you will need a lawyer to create the contract between you and your buyer and to submit it to the land registry. You might also be required to pay a 15% personal income tax after the deal – however, this property sale tax might be reduced to zero in various cases.

The post Property sale in Hungary: How to sell your apartment as an expat? appeared first on HELPERS.

Courtesy agreement of accommodation for your Hungarian residence permit

When you apply for the Hungarian residence permit, you need to indicate where you are going to live. Most people rent a home for themselves, but staying with a friend is also an option. The courtesy agreement is the document you can present to the immigration office instead of a rental agreement.

The post Courtesy agreement of accommodation for your Hungarian residence permit appeared first on HELPERS.

Henley Passport Index 2023: Hungary still in Top 10

This year again, Hungary ranks in the Top 10 of the Henley Passport Index, making it one of the most desired passports around the world. Read on to learn what that means and how you can take advantage of it.

The post Henley Passport Index 2023: Hungary still in Top 10 appeared first on HELPERS.

U.S.-Hungarian double taxation treaty stays canceled

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.

2023 tax changes in Hungary

Are you an expat living, working, or doing business in Hungary? Then it is best if you keep an eye on changes to regulations in case any of them are relevant to you.

The post 2023 tax changes in Hungary appeared first on HELPERS.