Property

When do you need an energy performance certificate in Hungary?

If you are looking for a home in Hungary, make sure to ask the seller or the landlord for the energy performance certificate to get a better idea of what living in your new home will be like, and how much you should expect to pay for utilities.

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How to get Hungarian residency as a financially independent person?

Several European countries offer residency for financially independent individuals. While Hungary does not have such a program, the golden visa program set to launch in July 2024 is an excellent alternative, just like some other Hungarian residency options. Understanding financial independence Typically, you can apply for EU residency if you have a specific purpose, such…

Reale state funds in the Hungarian Golden Visa Program

Get an overview of how real estate funds work, and what you need to keep in mind if you want Hungarian residency through this type of investment.

Invest in a real estate fund and get Hungarian residency for 10 years

In the Hungarian golden visa program, one of the options that lets you and your family get EU residency and a Schengen visa for 10 years is a EUR 250,000 investment in a real estate fund. But how does that work?

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CSOK Plus and the Hungarian real estate market in 2024

CSOK Plus, the 2024 edition of the Hungarian family housing allowance and prenatal loan program is giving a new boost to the local real estate market. Read on for a summary on the program and its latest impact.

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Start looking for a house for your Hungarian golden visa

Interested in getting a Hungarian golden visa by buying property? The application period for the Hungarian golden visa program does not start until July 2024, but it is wise to start looking for residential real estate in Hungary now.

US-Hungarian double taxation treaty canceled – what to watch out for?

The agreement remained in force until 31 December 2023, but now it is not applicable anymore. In response, Hungary has introduced some changes to tax regulations to mitigate the impact.

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Existing and upcoming investment residency options in Hungary

Last week a new golden visa program was announced in Hungary, going live in 2024 (exact date not known yet). However, Hungarian residency is already available based on real estate investment. Should you wait for the new program, or should you act now? Read on to find out.

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Update your address on your Hungarian accommodation slip

Citizens have an address card to state where they live, while third country nationals have an accommodation slip. If you move to a new place, your data should be updated with the Immigration Office. Starting from this year, you can do that fully online.

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Property sale in Hungary: How to sell your apartment as an expat?

To sell your Hungarian apartment, you will need a lawyer to create the contract between you and your buyer and to submit it to the land registry. You might also be required to pay a 15% personal income tax after the deal – however, this property sale tax might be reduced to zero in various cases.

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