Today we will talk about what are trusts, how they work and which are benefits of using trusts. What is a trust? Trust is commonly confused as being a corporation. Trusts are not like corporations, they’re not legal entities per se. They are instruments, relationships between various parties. Historically, trusts come from the time of…
You’ve probably head the famous expression ‘’you get what you pay for’’. Well, I have to say that I don’t necessarily agree. You don’t get what you pay for, you get where you pay for. The value you get, more often then not, is based on where you buy things. Shopping deals Let’s start with…
Why would you want to do this? Going outside of borders of your own country can bring you many advantages. When the market is down in one place, it might be up in the other one. Same goes for risks – if it’s risky in one place, situation might be better somewhere abroad. Investing abroad…
EMI is an institution that reminds a lot of a bank, but they don’t hold your money. EMI that you’re most familiar with is TransferWise. Is your money safe there? It is always good to consider safety whenever you’re dealing with a financial institution. EMI-s are not an exception. Here, there’s another level of risk…
Hungary is growing in popularity, as some traditional places like Cyprus or Malta are becoming less popular. It is quite easy to open a company in Hungary, it’s easy to open bank accounts. Banks in Hungary are quite good. You will have an easier time banking in Hungary than many other EU countries. They’re very…
