Hónap: 2022 augusztus

Duty-free shopping and VAT refund in Hungary

Duty-free shopping and VAT refund in Hungary

szerda, 31 augusztus, 2022

Non-EU residents visiting the EU have the option to avoid paying VAT on their purchases in Hungary. This is possible either by shopping duty-free at an airport, or by making purchases at regular stores and reclaiming VAT upon leaving the EU.

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Property purchase in Hungary as a foreigner

Property purchase in Hungary as a foreigner

szerda, 24 augusztus, 2022

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.

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Hungarian residency options for non-EU citizens

Hungarian residency options for non-EU citizens

péntek, 19 augusztus, 2022

The Hungarian residence permit is issued based on your plans in Hungary. The procedure will be slightly different in each case, and different supporting documents will be required. The application procedure usually takes 2-3 months, so make sure to apply in time.

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What to look for in virtual office service

What to look for in virtual office service – Tips for business owners

szerda, 10 augusztus, 2022

Using a virtual office service can save you money not only at the start of your company operation, but also throughout your business activity in Hungary. Learn about some aspects you should keep in mind when choosing a provider.

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No more visa-free entry to the Schengen zone

No more visa-free entry to the Schengen zone?

szerda, 3 augusztus, 2022

In November 2023, the ETIAS system will go live. It will be relevant to those non-EU residents who can currently travel visa-free to the Schengen zone. Come May, their passport will not be enough: they will have to register in the ETIAS system before their trip.

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