Q&As



FOR THE MOST UP-TO-DATE INFORMATION ON TAXES IN HUNGARY PLEASE GO TO: English-language website of the Hungarian Tax and Financial Control Administration (APEH)http://en.apeh.hu/taxation  VAT is 27% (2018)The full acquisition costs total approximately 10% + VAT of the purchase price which breaks down as follows:There is NO VAT on the purchase price...
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Q: Can EU citizens buy property in Budapest ?A: Yes. There are no restrictions on EU citizens or European countries in the EEA (European Economic Area -http://en.wikipedia.org/wiki/European_Economic_Area) purchasing residential or commercial property. There are however restrictions on arable land.Q: Can Non-EU citizens buy property in Budapest ?A: Yes. A foreign...
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Take a minute and read through this page following John and Mary, who have purchased a 100 m² apartment in district 6. in the downtown area of Budapest.Thomas – a consultant for Capital Real Estate – was helping them with the arrangements.1. Capital: What motivated you to invest in Budapest?John: We...
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Harron Law OfficeLegal & Accounting Network Worldwide. Harron Law Office was established by dr. Tünde Harron attorney, after spending eight years with Dr. Hidasi & Partners Law Office, one of the leading law firms in Hungary specializing in property law.While we provide a wide array of legal services in Hungary, Harron...
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Central Districts Of Budapest District I - district 1 includes the northern side of Gellert hill (Gellérthegy), Krisztinaváros, Naphegy, Tabán, Vár (Castle), Váralja, Vérmező and Viziváros.District 1 is a small area in central Buda (the western side), including the historic Buda Castle. This is, therefore, the so called "Castle District", as most of it is taken...
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INVESTOR CENTER Why Budapest?Why Budapest?Hungary is – and has traditionally been – the most progressive transition economy of the Central and Eastern European region. Looking at past years’ growth, it is expected that the capital is going to remain the driving force and centre of economic growth. Highly beneficial, supported and...
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