Hungary plans a 1% wealth tax from 2027

The plan is a 1% yearly tax on net wealth above HUF 1 billion, about EUR 3.1m
It would count property, securities, financial assets and company stakes
Only Hungarian tax residents would pay. Holders of a temporary permit are not covered unless they meet residency tests such as 183+ days
The bill is due in parliament in October with the 2027 budget