telex.hu/gazdasag/2026/10/28/exit-tax-ado-reszlete

The Hungarian government has proposed a new exit tax aimed at billionaires who might relocate their wealth abroad to avoid a wealth tax. This tax would apply to individuals with significant financial assets who change their tax residency. The exit tax would be levied on unrealized capital gains from various assets at the time of relocation. Specific conditions must be met for the tax to apply, including a minimum residency period in Hungary and asset value thresholds. The tax payment can be deferred until the assets are realized, particularly for relocations to EU or EEA countries. The proposal also considers depreciation of assets after moving abroad and stipulates that any deferred tax obligations would cease upon returning to Hungary or upon the individual's death.