Have you ever been to Budapest? What were your impressions? Here is something I forgot to say in the video: Is Hungarian difficult? Yes. Is it impossible? No. *I learned Polish (a language almost as hard as Hungarian) by myself using an app called Lingq* . You can also try it using this link ( and if after trying, you subscribe, *this link gives you a 40% discount!* ) www.lingq.com/accounts/new/?next=/accounts/subscription/basic_2024/12/b_12levi/checkout/&referral=LevideSouza
What’s taxes rate for capital gains from rental income and fund investments, etc. ? If Hungary is tracking their residents on their income outside Hungary and what’s the tax rate on abroad income?
@@the_expat ：tks for your reply. 15% seems to be not bad tax rate particularly for people with regular passive income such as commercial pension or other capital gains income. No wonder Hungary attracted the most of incoming foreign investment.
I love the grounded reality of this channel!!! Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Massive! Been trying to trade on my own for a while now, but it isn't going well. few months ago I lost about $8,500 in the trade. Can you please at least advise me on what to do?
Giving her my initial savings of $12,000 to invest in a brokerage account was a turning point in my life. It's been an incredibly rewarding experience and the best decision I ever made!
One key to successful investing is acknowledging that ups and downs are part of the journey. No investment is guaranteed to succeed all the time; instead, it’s about managing risk and capitalizing on opportunities. The goal is to achieve a higher rate of return than the losses incurred, which often means maintaining a long-term perspective and not being swayed by short-term fluctuations.
Ok... I am a born and raised Hungarian, although I have been living in the East Coast of the USA for the last 28 years, but having family there and going back and forth relatively often. The subway station myth... They were built in the late 1960s and early 1970s (with the exception of the yellow line 1 which was the very first subway built on the continent of Europe). Red Line 2 and blue Line 3 has been built during the cold war era when Hungary was a Warsaw Pact, Soviet satellite state. They had in mind to serve as air raid or even nuclear bomb shelters. Nowadays it is not so visible but as late as in the 1990s you could definitely see an about 4 foot path in the floor, right after the ticket gates at the top and bottom of the escalators. They were hydraulic bomb shelter seal off doors to seal off the stations in case of a nuclear bomb attack. They were most prominently noticeable in the steepest escalator and deepest stations of Line 2 (the red line) especially at the station which crosses over under the river Danube to Kossuth Square. Now... you mentioned that you found bread to be "expensive" in Hungary. I do not know where you come from, but one of my constant and biggest disappointments of mine in the USA is the quality AND the price of breads. HUF 700 is about $2.00 these days (bit less) for ONE KILOGRAM (2.2Lbs) of fairly great quality bread in Hungary, versus the USA, where $5/Lb (0.45 kilograms) might just get you a rather questionable and objectionable quality of a loaf of bread. At least according to my taste and that is the so called "Artisan bread" here. Now, "Wonder Bread" and Walmart "Great Value" bread doesn't even count in my humble opinion. In 2022 in my home town of Gyöngyös, one of the numerous bakeries there, had an "Artisan bread weekly menu" of sour dough hand crafted loafs, going for about HUF 1000/kilo (2.2 lbs) which at the time was about $2.50 for 2.2 Lbs of REALLY exceptional, hand crafted, fermented bread, that takes a minimum of 2 full days (if not three days) to complete. In my book that was well worth it and at the time that was about 4-5 times the price of the cheap but still fairly acceptable big store fresh breads over there, like in Tesco, Spar, Coop etc. that was going for in between HUF 250-350/Kilo (2.2Lbs, about $0.45-0.75 US at that time). Other than that, I do hope you enjoyed your stay in my home country ,although I do realize that not unlike anything else in life it comes with a plus side as well as noticeable and maybe numerous downsides too, even for me as a native of the country. Regards, Otto
I'm American,. I'm retired. I bought a beautiful old village farmhouse about one hour's drive from Budapest in 2013. Only cost about 20k, spent several years restoring it to a good condition. Was mostly there but often gone on trips until 2019. Then locked out of Hungary for over 2.5 years during Covid. Renewed my residence permit two years ago with no problems. Went this week to immigration to renew for another two years and was told the rules are 'changed', that I now have no 'purpose' for being there and that they will NOT renew my permit even though I have a more than adequate income, health insurance, no police record etc. So, next year I will only be able to live in my house for three months at a stretch, then out of the EU for three months. NOT a stable life! I would have to start a business or marry a local to stay. So I will eventually be selling my house and heading to Montenegro or Albania. (Non EU and with much less BS to deal with and they welcome Americans). Really, really stupid of them to keep foreigners like myself out of the country.
I am a born and raised Hungarian and I agree. Although I've been living in NJ and CT for the past 28 years, coming and going back and forth fairly frequently. My last stay was 3 months in 2022 after the Covid BS. There ARE downsides in my home country Hungary. After all that's what inspired me to seek and obtain a US Green Card in the 1990s.
Thanks for sharing your story, pal. Very sorry to hear how crazy things have become there. Hungary is a beautiful country, but I must say that Victor Orban and his followers bother me quite a bit. Not just their racist politics, but also their betrayal of their EU membership and support for Putin. In a way, its good you are getting out of Hungary. If a hot shooting war starts, things are going to get nasty quickly. Best of luck.
@jackflanagle6079 Please, read my earlier comment above. If you own a property in Hungary as you stated, and it is registered solely in your name, I SINCERELY WARN AND URGE YOU TO CHECK ON IT IMMEDIATELY!!! Check the status of your property ownership at "Földhivatal" the local property and land registrar office. As we have been finding out the hard way ourselves with my wife, there are "organized crime gangs" (the locals call them "ingatlanmaffia or lakásmaffia" in Hungarian) consisting in part or mostly of gipsy scam artists, their corrupted lawyers, public notaries, bank and "Földhivatal" property registrar office employees and or "okmányiroda" personal data and document offices where Hungarians get their passports, national ID cards etc. issued, and with the assistance of these corrupted officials THEY CAN STEAL YOUR PROPERTY WITHIN ONE DAY and transfer it out from your name!!! It has happened to us (to my wife's property in Gödöllő, Hungary) in March, 2023. After spending more than HUF 4 million plus on costs and legal fees, litigation (still ongoing), etc. the property worth about US$350-400k STILL has not been given back to my wife!!! I do not want or seek anything from you it's just a "good samaritan" kind of benevolent warning about the ongoing horrible situation in Hungary about real property theft. You are especially an inviting target (as we were) as a foreign owner who is absent from the property most of the time. If you wanted more info and details feel free to contact me here OR (see below) fobela @ protonmail .com
@@krzychch8937 Not yet. Although, it has come to my mind as an idea already. As a collage kid, I used to ski in Zakopane and Kasprowy in the late 1980s. We always did have a great time.
If you open up Hungary to rich , upper medium wealthy Turkish citizens by giving Hungarian citizenship and passports, then hungary will be more enjoyable and wealthy with new shopping malls, shops lenient to those rich turks. But in the first hand, Hangary must build and construct very luxurious villas just 30 kms away to Budapest with swimming pools for each villa, closed area of villa must be at least 200 square meters and lowest monthly administrative, security costs. Total rich and upper mediocre wealthy turks population is 27 million turks. Turkish cities are like San Fransisco hilly , with at least 7 mountains inside the each city, very difficult to reach to your hilly top houses or look like Nepal cities.
3:49 The escalators are in the process of renovation. Unfortunately (for me, and I am nearly 80), the renovated ones are much slower, this way they conform to EU standards. I find this annoying. At most stations there are elevators (lifts) for people who are afraid of the escalators. Also, people over 65 travel free on public transport, irrespective of their nationality or residence. About taxes. Would you rather pay 20%VAT and 40% income tax instead of 27%VAT and 15% income tax? Do not forget, unlike in the US all displayed prices are tax inclusive all over Europe.
Good point. The government will always extract their pound of flesh from you. Only in Hungary it is focused on consumption tax rather than exorbitant rates of income tax. At least you have some leeway and discretion in your consumption habits. You hate the idea to pay the tax? Then you pass up the purchases as much as you can.
Not so fast. I am a born and raised Hungarian living in the US BUT... there ARE trade offs in living in Hungary. Depends what the ratio of positives versus the negatives are in your particular unique situation.
I totally agree with your concerns with the relatively poor health care in Hungary and the difficult language. For these two reasons, I've decided Hungary is a great place to visit but I wouldn't want to live there.
I was about to make the same comment. As a linguist I find it hard to forgive people who don't check things carefully before actually putting them out publicly. I even check things I am pretty sure about, just in case.
Why? Are they making unwanted advances on you? Would it be any better if characters like Germany's Schultz or France's Makron and their supporters were the PM in Hungary along with their supporters? How about Ursula, or Eva Kaili?
In reality, what do you REALLY know about Hungary? "The Good, The Bad and The Ugly?" Same question here like the one above: Why? Are they making unwanted advances on you? Would it be any better if characters like Germany's Schultz or France's Macron and their supporters were the PM in Hungary, along with their supporters? How about Ursula, or Eva Kaili?
@@ottofarago2690 I've actually read up on ALL of Europe extensively from the standpoint of an immigrant, over the last year as I narrowed down my selection of France to move to in 2025. My opinion is that it is not the place for me. If it is the place for you, to each their own.
@@SueIsRetiringToFrance Exactly. We are all different. As a native of Hungary, I chose to leave the country decades ago. (For reasons/complaints of my own.) No place will be perfect and a bed of roses and live happily ever after, for sure.
I don't know where did U take this information but it's completely wrong. I live in Hungary,and right now is one of the most expensive country in Europe. About safety...pfff. forget it. Come here to live here. Try.
Perhaps that is true if earning a Hungarian salary, but certainly not for someone earning a pension in the US and moving to Hungary. I went on my 6th visit this past summer and spent 2 full months in Budapest. It is much less expensive than the US as well as most other western, central, and northern European countries. It's very reasonable even when compared to Portugal.
Have you ever been to Budapest? What were your impressions? Here is something I forgot to say in the video: Is Hungarian difficult? Yes. Is it impossible? No. *I learned Polish (a language almost as hard as Hungarian) by myself using an app called Lingq* . You can also try it using this link ( and if after trying, you subscribe, *this link gives you a 40% discount!* ) www.lingq.com/accounts/new/?next=/accounts/subscription/basic_2024/12/b_12levi/checkout/&referral=LevideSouza
What’s taxes rate for capital gains from rental income and fund investments, etc. ?
If Hungary is tracking their residents on their income outside Hungary and what’s the tax rate on abroad income?
15% tax rate on all incomes from abroad that you bring to Hungary. :)
@@the_expat ：tks for your reply.
15% seems to be not bad tax rate particularly for people with regular passive income such as commercial pension or other capital gains income.
No wonder Hungary attracted the most of incoming foreign investment.
I love the grounded reality of this channel!!!
Retirement took a toll on my finances, but with my involvement in the digital market, $47,000 weekly returns has been life changing. AWESOME GOD❤️
Massive! Been trying to trade on my own for a while now, but it isn't going well. few months ago I lost about $8,500 in the trade. Can you please at least advise me on what to do?
@@KuramaUchiha-id1owMaria Angelina Alexander I really appreciate her efforts and transparency.
Giving her my initial savings of $12,000 to invest in a brokerage account was a turning point in my life. It's been an incredibly rewarding experience and the best decision I ever made!
This is a definition of God's unending provisions for his people. God remains faithful to his words. I receive this for my household.🙏
One key to successful investing is acknowledging that ups and downs are part of the journey. No investment is guaranteed to succeed all the time; instead, it’s about managing risk and capitalizing on opportunities. The goal is to achieve a higher rate of return than the losses incurred, which often means maintaining a long-term perspective and not being swayed by short-term fluctuations.
Ok... I am a born and raised Hungarian, although I have been living in the East Coast of the USA for the last 28 years, but having family there and going back and forth relatively often. The subway station myth... They were built in the late 1960s and early 1970s (with the exception of the yellow line 1 which was the very first subway built on the continent of Europe). Red Line 2 and blue Line 3 has been built during the cold war era when Hungary was a Warsaw Pact, Soviet satellite state. They had in mind to serve as air raid or even nuclear bomb shelters. Nowadays it is not so visible but as late as in the 1990s you could definitely see an about 4 foot path in the floor, right after the ticket gates at the top and bottom of the escalators. They were hydraulic bomb shelter seal off doors to seal off the stations in case of a nuclear bomb attack. They were most prominently noticeable in the steepest escalator and deepest stations of Line 2 (the red line) especially at the station which crosses over under the river Danube to Kossuth Square.
Now... you mentioned that you found bread to be "expensive" in Hungary. I do not know where you come from, but one of my constant and biggest disappointments of mine in the USA is the quality AND the price of breads. HUF 700 is about $2.00 these days (bit less) for ONE KILOGRAM (2.2Lbs) of fairly great quality bread in Hungary, versus the USA, where $5/Lb (0.45 kilograms) might just get you a rather questionable and objectionable quality of a loaf of bread. At least according to my taste and that is the so called "Artisan bread" here. Now, "Wonder Bread" and Walmart "Great Value" bread doesn't even count in my humble opinion. In 2022 in my home town of Gyöngyös, one of the numerous bakeries there, had an "Artisan bread weekly menu" of sour dough hand crafted loafs, going for about HUF 1000/kilo (2.2 lbs) which at the time was about $2.50 for 2.2 Lbs of REALLY exceptional, hand crafted, fermented bread, that takes a minimum of 2 full days (if not three days) to complete. In my book that was well worth it and at the time that was about 4-5 times the price of the cheap but still fairly acceptable big store fresh breads over there, like in Tesco, Spar, Coop etc. that was going for in between HUF 250-350/Kilo (2.2Lbs, about $0.45-0.75 US at that time). Other than that, I do hope you enjoyed your stay in my home country ,although I do realize that not unlike anything else in life it comes with a plus side as well as noticeable and maybe numerous downsides too, even for me as a native of the country.
Regards,
Otto
I'm American,. I'm retired. I bought a beautiful old village farmhouse about one hour's drive from Budapest in 2013. Only cost about 20k, spent several years restoring it to a good condition. Was mostly there but often gone on trips until 2019. Then locked out of Hungary for over 2.5 years during Covid. Renewed my residence permit two years ago with no problems. Went this week to immigration to renew for another two years and was told the rules are 'changed', that I now have no 'purpose' for being there and that they will NOT renew my permit even though I have a more than adequate income, health insurance, no police record etc. So, next year I will only be able to live in my house for three months at a stretch, then out of the EU for three months. NOT a stable life! I would have to start a business or marry a local to stay. So I will eventually be selling my house and heading to Montenegro or Albania. (Non EU and with much less BS to deal with and they welcome Americans). Really, really stupid of them to keep foreigners like myself out of the country.
I am a born and raised Hungarian and I agree. Although I've been living in NJ and CT for the past 28 years, coming and going back and forth fairly frequently. My last stay was 3 months in 2022 after the Covid BS. There ARE downsides in my home country Hungary. After all that's what inspired me to seek and obtain a US Green Card in the 1990s.
Thanks for sharing your story, pal. Very sorry to hear how crazy things have become there. Hungary is a beautiful country, but I must say that Victor Orban and his followers bother me quite a bit. Not just their racist politics, but also their betrayal of their EU membership and support for Putin. In a way, its good you are getting out of Hungary. If a hot shooting war starts, things are going to get nasty quickly. Best of luck.
@jackflanagle6079
Please, read my earlier comment above. If you own a property in Hungary as you stated, and it is registered solely in your name, I SINCERELY WARN AND URGE YOU TO CHECK ON IT IMMEDIATELY!!! Check the status of your property ownership at "Földhivatal" the local property and land registrar office. As we have been finding out the hard way ourselves with my wife, there are "organized crime gangs" (the locals call them "ingatlanmaffia or lakásmaffia" in Hungarian) consisting in part or mostly of gipsy scam artists, their corrupted lawyers, public notaries, bank and "Földhivatal" property registrar office employees and or "okmányiroda" personal data and document offices where Hungarians get their passports, national ID cards etc. issued, and with the assistance of these corrupted officials THEY CAN STEAL YOUR PROPERTY WITHIN ONE DAY and transfer it out from your name!!! It has happened to us (to my wife's property in Gödöllő, Hungary) in March, 2023. After spending more than HUF 4 million plus on costs and legal fees, litigation (still ongoing), etc. the property worth about US$350-400k STILL has not been given back to my wife!!! I do not want or seek anything from you it's just a "good samaritan" kind of benevolent warning about the ongoing horrible situation in Hungary about real property theft. You are especially an inviting target (as we were) as a foreign owner who is absent from the property most of the time. If you wanted more info and details feel free to contact me here OR (see below)
fobela
@
protonmail
.com
Have you looked into moving to Poland?
@@krzychch8937
Not yet. Although, it has come to my mind as an idea already. As a collage kid, I used to ski in Zakopane and Kasprowy in the late 1980s. We always did have a great time.
I think you meant 'flat' country not 'plain'. In this context, a 'plain country' sounds like a country that is not pretty.
Yeah, the Guy had some weird English. I was wondering if it was AI generated.
If you open up Hungary to rich , upper medium wealthy Turkish citizens by giving Hungarian citizenship and passports, then hungary will be more enjoyable and wealthy with new shopping malls, shops lenient to those rich turks. But in the first hand, Hangary must build and construct very luxurious villas just 30 kms away to Budapest with swimming pools for each villa, closed area of villa must be at least 200 square meters and lowest monthly administrative, security costs. Total rich and upper mediocre wealthy turks population is 27 million turks. Turkish cities are like San Fransisco hilly , with at least 7 mountains inside the each city, very difficult to reach to your hilly top houses or look like Nepal cities.
3:49 The escalators are in the process of renovation. Unfortunately (for me, and I am nearly 80), the renovated ones are much slower, this way they conform to EU standards. I find this annoying. At most stations there are elevators (lifts) for people who are afraid of the escalators. Also, people over 65 travel free on public transport, irrespective of their nationality or residence. About taxes. Would you rather pay 20%VAT and 40% income tax instead of 27%VAT and 15% income tax? Do not forget, unlike in the US all displayed prices are tax inclusive all over Europe.
Good point. The government will always extract their pound of flesh from you. Only in Hungary it is focused on consumption tax rather than exorbitant rates of income tax. At least you have some leeway and discretion in your consumption habits. You hate the idea to pay the tax? Then you pass up the purchases as much as you can.
Wow, Hungary sounds like a steal! I’ve heard Budapest is so cheap, you could buy a house and still have money left for goulash!
Not so fast. I am a born and raised Hungarian living in the US BUT... there ARE trade offs in living in Hungary. Depends what the ratio of positives versus the negatives are in your particular unique situation.
It's not Ireland anyway
I totally agree with your concerns with the relatively poor health care in Hungary and the difficult language. For these two reasons, I've decided Hungary is a great place to visit but I wouldn't want to live there.
Warsaw NOT WARSAR
He also mispronounces every Hungarian names.
I was about to make the same comment. As a linguist I find it hard to forgive people who don't check things carefully before actually putting them out publicly. I even check things I am pretty sure about, just in case.
Maybe he does it on purpose so we engage in commenting 😂😂😂😂😂
Ummm...there is this little matter of Victor Orban...and his supporters.
Why? Are they making unwanted advances on you? Would it be any better if characters like Germany's Schultz or France's Makron and their supporters were the PM in Hungary along with their supporters? How about Ursula, or Eva Kaili?
Move to Venezuela, then.
It looks to be a beautiful country, but as long as Orban is in power, it will remain on my no-go list.
In reality, what do you REALLY know about Hungary? "The Good, The Bad and The Ugly?" Same question here like the one above:
Why? Are they making unwanted advances on you? Would it be any better if characters like Germany's Schultz or France's Macron and their supporters were the PM in Hungary, along with their supporters? How about Ursula, or Eva Kaili?
@@ottofarago2690 I've actually read up on ALL of Europe extensively from the standpoint of an immigrant, over the last year as I narrowed down my selection of France to move to in 2025. My opinion is that it is not the place for me. If it is the place for you, to each their own.
@@SueIsRetiringToFrance
Exactly. We are all different. As a native of Hungary, I chose to leave the country decades ago. (For reasons/complaints of my own.) No place will be perfect and a bed of roses and live happily ever after, for sure.
You clearly know nothing about Hungary or its ruling party.
And gulash doesn't exist. It's called "gulyás leves".
I don't know where did U take this information but it's completely wrong. I live in Hungary,and right now is one of the most expensive country in Europe. About safety...pfff. forget it. Come here to live here. Try.
Perhaps that is true if earning a Hungarian salary, but certainly not for someone earning a pension in the US and moving to Hungary. I went on my 6th visit this past summer and spent 2 full months in Budapest. It is much less expensive than the US as well as most other western, central, and northern European countries. It's very reasonable even when compared to Portugal.