Living in Hungary while working in Israel
Can I live in Hungary and work remotely for a company in Israel?
Yes, it is possible, however we usually recommend double-checking the following points:
- Can I work for a company in Israel?
- Can I work for a company in Hungary?
- Can I work for a company in Israel and for a company in Hungary?
What is a Hungarian company?
A Hungarian company is a company that is incorporated in Hungary, has its head office in Hungary and has its main operations in Hungary.
How to find remote work in Israel while living in Hungary?
Usually, it is feasible to get remote jobs in Israel even though you are located in Hungary. For that we need to understand the visa situation for foreigners living in Hungary.
If you are a foreigner living in Hungary, you need a residence permit. This residence permit is granted by the Hungarian authorities if you have a valid visa for Hungary and if you have a job in Hungary.
For that, you need to apply for a residence permit at the Hungarian embassy in your country of residence. The application process takes between 2 to 6 months. After that, you need to get a residence permit.
The residence permit is valid for one year. If you want to stay longer, you need to apply for a new residence permit.
If you are a Hungarian citizen, you need to apply for a residence permit in Hungary.
If you are a foreigner, you need to apply for a residence permit in Hungary.
How to get paid in Hungary when working remotely for a corporation in Israel?
You can get paid in Hungary even if you are working for a company in Israel, however , you will need to have a company registered in Hungary. If you are working for a company in Israel that is not registered in Hungary, you will need to pay taxes in Israel.
You can get paid in Hungary even if you are working for a company in Israel, however, you will need to have a company registered in Hungary.
How do taxes work in Hungary if I’m working remotely for a company Hungary?
When working remotely in Hungary for a firm based in Israel, taxes might be tricky, therefore it is important to know how taxes work in Hungary if you are working for a company based in Israel.
Taxes are calculated on your gross income. If you are working for a company in Israel, you are not taxed on your net income. The tax rate is 13.5% on income up to $4,000 and 20% on income over $4,000.
What is the tax rate in Hungary if I’m working for a company based in Israel?
When working remotely in Hungary for a firm based in Israel, taxes might be tricky, therefore it is important to know how taxes work in Hungary if you are working for a company based in Israel.
The tax rate is 13.