Opportunities in Hungary / Doing Business in Hungary 

Hungary 🇭🇺 is awesome.

Interesting video Michael. Hungary also has one of the most liberal citizenship by descent regimes in all of Europe, if not the world, as there is NO generational limit on how near your Hungarian ancestor has to be. There will be presumably hundreds of thousands and maybe millions in the US who may not even know they're of partial Hungarian ancestry. The big caveat is that you have to know Hungarian to be approved (Simplified Hungarian naturalization) and "Hi, how are you?" doesn't cut it. From what I'm seeing, it's taking dedicated learners about 6-12 months from scratch to an acceptable language level. Learn a tough language and gather ancestral documents for an EU passport with minimal capital outlay? It's attractive for a lot of people who don't mind putting in the time.

Hey ! Good video and thank you for you work! Can anyone tell me what is the cost of Opening an LLC - KFT - in hungary ? I plan to go and live there around June 2024 so it would be nice to budget ahead for everything :) Any help will be highly appreciated

You forgot to mention very low crime and a policy of keeping certain types of asylum seekers (potential troublemakers aka religious economical refugees) out, but the language is unworkable.

My husband is from Hungary. We are thinking to move there. I wish to open a business. This video helped lots. Thank you forthe information.

I've been living in BP for 3 years now. It is a beautiful city indeed. However, Hungarian administration is bureaucratic and low efficient. I don't like that here.

Nice video although Budapest is commonly understood as being in Central Europe as opposed to Eastern Europe. Do you think it could make sense for a consultant with a limited company (I employ nobody and currently live in the UK, but have had an apartment in Budapest since 2007) to relocate there, while delivering assignments for companies in the UK and further afield?

Very good information. How much will it cost to set up a small restaurant business , the registration process and start off

Very informative video. Do you have any information about the it-sector in the country? How developed is it? You see potential in the future? An operational company for software developement is what I am looking for. Till now I found a lot about ukrains it-sector, but hungary would be a better fit because of the distance and the eu membership.

You made an interesting comment about Hungarian government being corrupt. How would you consider this a benefit?

Hi, i am trying to figure out how Hungary taxations works with dividend income, you mentioned in the video that there is no dividend reduction. did you mean there is no treaty ? as in, for both individuals and companies, whatever you need to pay for divided coming from say the US, you will have to add on taxes to it in Hungary ?

I see the video is pretty old. Are you still taking care of opening companies there and updated on all most recent tax laws? If yes id love to talk about it

I like it.👌

Really interested in relocating back to my mother’s homeland... after she left in ‘56! I have a smattering of Magyar. Life long IBM ITer but I’ve been dabbling with Video production for the last couple of years and I’m starting to do online training videos for PluralSight so I could do that from anywhere... anywhere where I could shoot more theatrical videos too.... Have a pretty heavy “foot print” ie books, theater equipment, costumes... BMW motorcycle... wonder what/if a container ship would be worth while??? And, at 62, I’m flirting with US Social Security and Medicare but - honestly - I could easily see the day when those programs go the way of the Soviet Pensions... so I would never want to be dependent on them as anything more than a backstop between gigs. No concept of “retiring” EVER!

Great video. Fantastic data. I thought you are in still Bulgaria which turned out to be wrong. 😉 How much is the property tax in Hungary? If you hold your property for a couple of years would be CGT exempted?

loved indeed ..interested

Can foreigners invest in the Hungarian stock market from overseas?

Can you make an updated video for 2022 ?

I have a question can if i have office expense for remote work in Italy then will 9% and 15% dividend be appled after adjusting tax

how about taking out loans? for real estate - i have a european passport

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Kiva company tax is around 11% quite attractive

I am a Doctor ophthalmologist my hubby orthopaedic surgeon can v get job in hungary and then settle down there

شكرا لك كثيرا

Can I start restaurant in Hungary as foreigner

How can I reach you?

Please use a good microphone

Hi sir, i can process for PR from hungary to portugal PR??

Sorry your info is not correct. and to tell us 6-8x how good the banks are. They are not. Bank employee is not allowed to speak English, Germany to a client. IF they speak it?? So there you Solid bank go already wrong. A NOT Hungarian will never get 1 HUF to invest in his or her company. And Not for private cost. Just Nothing. Immigration if you not white, blue eyes And speak 101% Hungarian they discriminate you. IF you speak Hungarian, they will still say they do not understand you! WHY Because they don't want!! Hungarians are always right, if Hungarians fuck up, they walk away and let the damage for you. You need to babysit them: let say: you buy a house ask a company to renovate give the plan how you want it, if you not every day 8 hours there to control? They do it the way They like it. You have problems with that? Don't be in a shock if they walk away. They come with 4 man, 1 is working 3 drill their nose. and look how nr.1 is working. If you say something about it? Next day they won't come back. There is a max. on the land size. you can own. If you want to buy houses or flat and renovate them, try to sell them in less than 5 years? 25% tax need to be paid over sellings price. So if you want to give good information about a country and how things go and work in that country. Than sorry you need to do better than this. There are companies that help foreigners to get a business and so on. 3000 euro if the owner speaks Hungarian. if not it cost 7-10.000 euro or more. I don't know your pricelist. but for 500 euro you won't get out the bed?