The U.S. Treasury Department recently announced that the U.S.A./Hungary Income Tax Treaty (in force since 1979) is officially terminated, effective January 8, 2023.
Russia’s invasion of Ukraine has had noteworthy effects on many of Europe’s rental markets, as nationals and expatriates fled both Ukraine and Russia.
A financial client has been expanding their remote work program since before the pandemic.
Expatriate Housing Snapshot: The cost of expatriate-quality rentals increased over the past six to twelve months. Demand is up, thanks to more expatriate arrivals, particularly in the growing IT sector.