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Financial aid for Family
February 16 , 2019
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- Hungary's government is greatly increasing financial aid and subsidies for families with several children.
- This measure was announced to encourage women to have more children and reverse Hungary's population decline.
- The financial benefits include
- Lifetime personal income-tax exemption for women who give birth and raise at least 4 children
- Subsidy of $ 8,825 towards the purchase a 7-seat vehicle for families with 3 or more children
- Low-interest loan of $ 35,300 for women under age 40 who are marrying for the first time.
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