Making Compound Interest Work for You
Compound interest is a rather simple concept in theory. It refers to reinvesting the interest earned on a positive balance in a savings or investment account to earn more…
Crystal worldwide Blog
Hungary Schengen Visa: Which Countries Can You Visit?
The Schengen Area is a group of 29 European countries that have abolished passport controls at their mutual borders, enabling seamless travel across much of the continent. This agreement allows…
Why Hungary Is Not the Offshore Tax Haven You Think It Is
Hungary, one of many Central European countries, is often mistakenly believed to be an offshore tax haven. This perception seemingly stems from Hungary’s lower corporate tax rate (9%) compared…
Are You Non-Domiciled? How To Determine Your Domicile Status
Since the news broke that British Prime Minister Rishi Sunak’s wife is non-domiciled (UK), the topic has been discussed and written about almost nonstop. But what does ‘non-dom’ status mean…
Tax And Company Registration Number In Hungary
Tax and company registration numbers are unique codes that allow you to identify companies quickly and effortlessly. Understanding their exact meaning, where to find them, and how to use them…
Protect Your Legacy By Minimizing Your Hungary Inheritance Tax Now
Protecting your loved ones’ financial future is the most important part of estate planning. However, in Hungary, inheritance tax can take a large chunk of the inheritance you leave behind.…
The Most Popular Company Forms In Hungary
Setting up a company in Hungary offers numerous benefits, including low corporate tax, reduced labor expenses, and a central European location. However, navigating the legal complexities can be challenging. Our…
Investing in Real Estate to Obtain Second Citizenship
Many people are considering obtaining a second citizenship (or dual citizenship) in 2024. Being a citizen of two countries gives people the freedom to live, work, and own property in…
A Hungarian Tax Guide for Expats and Investors
Hungary is known for its ancient historical sites and distinctive culture. However, in 2024, investors and expats are drawn to the country because of its growing economy. Those considering a…
Global Inflation Is Set To Stabilize For 2024
After another year of price increases, global inflation will stabilize in 2024. This is according to forecasts by several leading financial institutions. This welcome news brings relief to consumers…