Part 3/8:
Czech Republic: Capital Gains Exemption
In the Czech Republic, investors who hold an ETF for over three years face no capital gains tax. It’s essential to note that the total sale value should not exceed approximately €1.6 million to remain tax-free.
Hungary: The TBSZ Account
Hungary presents the TBSZ, an investment account that permits tax-free growth if ETFs are untouched for five years. However, early withdrawal results in taxes and social contributions, limiting its flexibility.
Slovenia: Patience Pays Off
In Slovenia, capital gains tax decreases the longer you hold an investment. Holding ETFs for over 15 years can lead to tax-free investing, although it requires considerable patience.