Tax guidelines for Hungarian residents Part 2
06/03/2014

Tax guidelines for Hungarian residents Part 2

Taxable allowances where the tax is to be paid by payer These include among others allowances and services provided under the title of representation and business gifts; products and services given to all employees (or, based on employer’s internal regulations, to certain groups of employees) free of charge or at discount prices; meals and other […]

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Tax Guidelines of Hungary Part 1
06/03/2014

Tax Guidelines of Hungary Part 1

About the personal Income Tax Every private person resident in Hungary is subject to tax liability in respect of all their income earned in Hungary or comes from abroad. In Hungary the tax year is equal the calendar year. Taxable income in Hungary: Except some exemptions provided by law, all types of incomes of private […]

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Short guide to Hungary part 1
06/03/2014

Short guide to Hungary part 1

Hungary is very good place to live in. If you want to be a Hungarian resident by participating in the Hungarian Residency Bond Scheme, there are some important information which are good to know about Hungary. First of all the Republic of Hungary is a small, landlocked Central-European country bordered by Austria, Slovenia, Croatia, Serbia, […]

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Short guide to Hungary part 2
06/03/2014

Short guide to Hungary part 2

The citizens of EU member states can stay in Hungary without visa, but after three months they have to provide information to the local authorities and change their residency, in the EU it means they have to change their official address. Visitors from outside of the European Union can stay in the country for up […]

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Schengen Visa with the Hungarian Residency Bonds
06/03/2014

Schengen Visa with the Hungarian Residency Bonds

Hungary is joined the Schengen Agreement in 2007 as a member state of the European Union. The Schengen (visa) area  means that the member states don’t have border checks at their internal borders, only at the external borders of the whole area. There are now 26 countries which joined the Schengen Agreement, 22 member states […]

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