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guest user
3/20/2001 21:09 EST

" Hello, My name is Cyril Meijers, I am a Dutch guy and my employer has asked me (and my wife Marlene) to move to Budapest to work at our subsidiary there for 2-3 years. Since my employer has no experience in sending people to Hungary I am interested in any information on working and living there. I am especially interested in getting in touch with Dutch expatriates in Hungary who are able to tell me about their experiences, but information from others is also more than welcome. The most important questions I have at the moment are: Housing - indication of rent prices - preferable areas to live in Budapest - best way to find a suitable house. Taxes - income tax rates - other taxes to take into account. Transportation - cost of gasoline - indication of new car prices (buy there or import from the Netherlands). Common terms of employment for expatriates with regard to: - Visiting home country - Housing costs - Transportation cost. I realize that these are a lot of questions and some are very general. However, I am very happy with any information on the subject. Thanks for your help. Cyril "

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guest user
3/20/2001 21:10 EST

" Cyril, Jan has covered off most of the points on the forum. I would like to add a few: Capital gains tax I am advised that capital gains tax is payable on non-property transactions at 36%. While the rate is not onerous, this is charged on the Forint value. So, a loss in hard currency can be a gain in Forints because of the devaluation. You are advised to ""bed and breakfast"" any shareholdings you have before you arrive in Hungary. That means sell and repurchase. House Prices Jan may be a bit out of date. It would be difficult to get a reasonable house for under $4,000 per month. $8,000 gets you a wonderful place. Cars Prices are not very different in Hungary and Suzukis which are made here are a lot cheaper. It is simpler to buy here but if you already have a car then bring it. Post The post is variable but can be horrible. Try and bargain a weekly or bi-weekly courier from home to Hungary out of your employer. It will save a lot of hassle. Media Unless you speak Hungarian you have a problem. There is one very poor quality weekly English newspaper and no TV or radio. You can get foreign newspapers delivered to your house the next day but they are expensive. You can get a satellite TV dish and decoder cheaply to pick up ""free to air"" channels - mainly German but if you want subscription channels, it is probably better to get the card and decoder at home and bring it with you. Resettlement Settling in is tough because of the language and the bureaucracy. Try and get your employer to pay for a resettlement service. One of the best is Interdean - contact Mark Muss on +36309519993. "

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