@juliet1980
American looking for information about Ecuador
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102 posts
About me
American
Registration: 12 July 2023
Activity
Termination of "double taxation treaty" with Hungary? by juliet1980
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ...
@fluffy2560Will do... I haven't been there in over 20 years. So it should be interesting! Thanks. Read More
Termination of "double taxation treaty" with Hungary? by juliet1980
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ...
I am also Canadian citizen. But I cannot move there because you have to be rich to afford house there. The real estate prices there are INSANE! I had to scratch Canada off the list because of it.What makes Norway so expensive? I never eat out. I ... Read More
Termination of "double taxation treaty" with Hungary? by juliet1980
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ...
OMG this a NIGHTMARE. So complicated. Life is extremely very very very SHORT. Too short for all this headache. I don't make 5k/month. I was just using that as an example.I'm also Swedish citizen and going to visit Sweden/Norway for 3 weeks in ... Read More
Termination of "double taxation treaty" with Hungary? by juliet1980
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ...
Just to clarify. You said "it wouldn't make too much of a difference because of the DTT as you could offset your US tax paid there on your income in Hungary."So am I freaking out for nothing? It seems like I would be paying twice the amount of ... Read More
Termination of "double taxation treaty" with Hungary? by juliet1980
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ...
@fluffy2560Hi, thanks for your reply. Yes I am very aware that US has citizenship based taxation. Trust me... I would LOVE to renounce US citizenship and have looked into it many times in the past. I am not rich, at this time I don't see how I can ... Read More
Termination of "double taxation treaty" with Hungary?
I'm US/Canadian/EU citizen. Hungary being one of them. I REALLY hope to be able to move back to the EU and never go back to the US ever again. I speak fluent Hungarian and was planning and moving back to Hungary but I am worried what does this ... Read More
Portugal has very HIGH taxes... don't know why I just realized it. by juliet1980
I was dreaming of eventually moving back to Hungary but now that they killed DTT (starting in 2024 https://www.mondaq.com/withholding-tax/1289000/us--hungary-double-tax-treaty-cancelled-what-are-the-consequences). I will not be able to afford to! ...
ALL tax is theft. If you believe in taxation then you are subservient and accept that The State knows how to spend your own money - and more efficiently then you know yourself. Who cut your hair, The Council or local administration? If you ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
Below person summed it up nicely:"Of all taxes, whether it's sales tax, Income tax, even estate tax, I think property tax is the most pure evil. For starters, on virtually all acquired property, you already paid a tax for it. This was done in a ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
@juliet1980 Question is why owning a house is a luxury, in Hungary the ratio for owning is much, much higher. (Why do people rent and not own) -@cdw057I agree agree owning is 100% best and ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
@juliet1980 Question is why owning a house is a luxury, in Hungary the ratio for owning is much, much higher. (Why do people rent and not own) -@cdw057I agree agree owning is 100% best and preferrable over renting of course... expect ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
As a US citizen who wishes to live off the grid and have a bit of land to themselves, why not think about the Big Island of Hawaii?The soil isn't the best for growing allot of veggies but some can take the volcanic soil.Many people ... Read More
Portugal has very HIGH taxes... don't know why I just realized it.
I was dreaming of eventually moving back to Hungary but now that they killed DTT (starting in 2024 https://www.mondaq.com/withholding-tax/1289000/us--hungary-double-tax-treaty-cancelled-what-are-the-consequences). I will not be able to afford to! ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
Taxes are in many forms. Income taxes might be low, but others can top-up, my experience in Hungary was very positive, just aks for the additional (hidden taxes in my view) Council taxes, not too high I think in Portugal, property taxes (!!!), ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
Thanks I like that idea I didn't even think of it. You are right I could move it all to Canada. I need professional to help with this. I wouldn't be surprised if eventually Canada will start citizenship based taxation like the US does. Nomad ... Read More
Still confused about property taxes in Hungary... 4%? This cannot be!? by juliet1980
1. I am confused even after doing a search for “property taxes” on this forum and reading bla bla on google. I understand that if buy property in Hungary there is a 4% annual property tax I have to pay every year? But then there is ...
I am EXTREMEKY concerned about the DTT expiring in Hungary. Good for Hungary though that they didn't allow the US to bully them into the global minimum taxation... but it really is big problem then for expats who have US citizenship ... Read More