Serviced Offices Debrecen in Hungary

For foreigners who want to purchase properties as individual buyers, one property is allowed per person by the state. Companies or corporations in Hungary are given more freedom to buy properties. Forming a company, even just between family members, is a good way to buy properties and take advantage of a lower tax rate of 16%. Registering as a Hungarian company is also an option when wanting some properties in Hungary than as an individual. Read More >

When renting a Hungarian property, a tenancy agreement will usually be signed by the tenant and the landlord and the former is expected to give an upfront cash outlay of 2 to 3 months in advance payment plus rent for the first month of stay. Reading carefully the details of the tenancy agreement will help clear some issues regarding tenancy. Usually, the agreement will be written in two languages so as to address language differences and avoid legal issues. Read More >

Hungarian law requires a property purchase to have a purchase agreement countersigned by a lawyer. Foreigners are required to secure a permit from KÃzigazgatási Hivatal (Regional Administrative Office) for them to be able to buy properties as private individuals. The permit will be issued 2 to 3 months after the application. However, it is deemed best for foreigners to first register a business or company in Hungary for them to be able to buy properties more easily since...Read More >