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Country vs country

Bahamas vs Hungary

Side by side for a genuine tax resident, with €150,000 a year in dividends or foreign income.

BahamasHungary
Personal income0%15%
Company tax0%9%
Minimum daysNo minimum183
Cost of residencyExpensiveCheap
Tax on €150,000 a year€0€22,500
Monthly cost for one person, rent included€2,550€1,525
In the EUNoYes
Spanish blacklistNoNo
Crypto gainsNo income or capital gains tax.Flat 15% on net annual crypto gains, with no social contribution tax.
PensionNo personal income tax.Pensions are tax-free in Hungary, including foreign pensions, subject to the applicable tax treaty.

Who wins

  • Less tax: Bahamas
  • Cheaper to live in: Hungary
  • Fewer days required: Bahamas
  • Easier to settle in: Hungary

It depends on your case: your nationality, the country you leave and how you earn your money change the answer.

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