Are you planning a budget travel adventure in Europe? If so, it's important to be aware of the tourist tax that may apply during your stay. In this post, we'll explain what European tourist tax is, how it works, and how to manage your travel expenses with bunq.
What is European Tourist Tax? 🏨
European tourist tax, also known as city or occupancy tax, is a fee charged by local governments to tourists staying overnight in their jurisdiction. The purpose of this tax is to fund tourism-related projects, maintain local infrastructure, and preserve cultural heritage.
How does it work? 💶
The amount of tourist tax varies depending on the country, city, and type of accommodation. It's typically calculated per person, per night, and is added to your accommodation bill. Some cities charge a fixed rate, while others use a percentage-based system. Keep in mind that children, students, and digital nomads may be exempt or eligible for reduced rates.
Managing your travel expenses with bunq 📱
Now that you know about European tourist tax, let's talk about managing your travel expenses. With bunq, you can easily keep track of your spending, exchange currencies, and make instant payments. Here are three features that will help you during your travels:
Local Currencies: bunq allows you to hold up to 30 different currencies in your account, making it easier to manage your money while traveling across Europe.
Instant Payments: Need to send or receive money quickly? With bunq's instant payments feature, you can transfer funds within seconds, ensuring you're always ready for your next adventure.
Easy Budgeting: Keep track of your spending by setting up sub-accounts for different categories, such as accommodation, food, and transportation. This will help you stay on top of your travel expenses and stick to your budget.
European tourist tax is an important aspect of budget travel that you should be aware of when planning your trip. By understanding how it works and using bunq to manage your travel expenses, you'll be well-prepared for a fantastic European adventure. So pack your bags, grab your passport, and start exploring! And remember, with bunq by your side, managing your money while traveling has never been easier. Join bunq today and experience the difference! 🚀