Property taxation laws between HungaryEU and USA
posted a year ago
Before I apply to become a US citizen (turning into a dual citizen of Hungary/EU and the US), I would like to find out more information on property tax laws and inheritance laws.
I already own a few lands and a house in Hungary. Would I need to pay taxes on these to the US if I decide to sell them?
How does taxation works toward the US if I inherit anything from Hungary after gaining citizenship?
Do I have to pay any type of tax to the US if I decide to purchase a property in Hungary or in another EU country? (either for rental property or a primary residence)
Thank you for your help!