Dear friends of Hungary,
First of all we would like to once again to say you our best wishes for the year that just begun!
The year starts well!
is taking a step that many have long waited for: the VAT is lowered.
Now Hungary is no longer top in the EU in this meaning. Of course, we
will give full savings to our customers and we have, therefore we
recalculated the VAT on all our prices. All of our commissions,
services and of course construction are now cheaper for the consumer.
Prices on the Web site have been restated. Hungary is now even cheaper
Only for completeness: of course the VAT
reduction does not affect the nets prices for business customers,
according to Hungarian law of VAT (partly) liberated benefits.
Büssü, Büssü and no end?
the last edition of our newsletter, we have explained the reasons why
we have withdrawn from Büssü business. Our original statement
was: " In the past year, there were in the 2004 by us in the one way or
another supported properties 11 slump thefts or simple thefts and one
further slump thwarted thankfully by a watchful neighbour with a sharp
dog. ... All events of crime were committed in the community
Büssü and none of them in the out of Büssü
supervised homes." The owners of the house, whose neighbour looked
after and proved this good neighbourly service, do not agree, although
they spent the mentioned date in Germany. To satisfy this assessment we
do hereby quote without recognising any legal obligation the owners of
this house with the following statement:
„If a neighbour wants to make himself important, it does not mean a situation of a thwarted burglary."
would like at this point no substantive assessment of this statement.
But seen the fact that there is no change in general situation our
attitude towards Büssü and its administration do not even let
us utterances from circles of the municipal administration with the
threat of legal action against our company by not mentioning these
unpleasant facts hold. Whether 11 or 12 crimes against our customer
took place, in the overall assessment of the situation it does not
matter, since 2005 the series of crimes in Büssü did not end.
Still need to recognise Büssü as a very insecure place. While
it is not forbidden to sell in a community like Büssü houses,
we don't want to do it due to our business believes.
we have anything against Büssü? No, it is at first glance,
the beautifully bound on the scale of transit road is a village with a
lot of flair, even the beautiful landscape. Of course, it is always
possible that one will be victim of a crime always and everywhere.
Unfortunately this belongs to the general risks of life. However, in
Büssü it is unfortunately one of the regular events in life,
and since the Hungarian television reported about the unbearable
conditions in Büssü it is absolutely no secret that life
there certainly is not worth living. On 24 September 2005, a report
aired, that tried to light the backgrounds of these states and there
was ultimately no one in a responsible position who was able or wanted
to intervene, according to its own statement.
Hungary is such
a beautiful country, a safe country, more than for example, Germany -
and the foreign visitors and residents are welcome in the country.
There is so much more than just the community Büssü and
therefore no one need to care especially for investments. However it is
always advisable to take general precautions whenever and wherever. We
hope very much that we are able to close the chapter Büssü
Residence permit-important innovation
last spring, we reported about the issue of residence permits. Since
then there has been a change for the people who immigrate to Hungary
based on assets. As an appropriate asset since this summer, a total of
1,000,000 HUF (approximately 4,000 €) is needed per person. This
means showing bank statements of the last six months. In fact, the
six-month-criteria has no significant role. For everyone who has a
regular income (e.g., workers, pensioners, owner of Hungarian
companies, family reunification or students), nothing has changed.
on the subject of a working permit. Hungary is in the EU, but still a
working permit for every foreigner is required. The economy is running
assault against this provision, but the Hungarian self-awareness is
offended. Hungarians who want to work in the old 15 member states of
the EU normally need a working permit, and that's why the Hungary also
regulated the Hungarian labour market. All old EU states have their own
rate found between 0 (e.g. Germany), and unrestricted (e.g. United
Kingdom). Exact this rate applies in Hungary beginning on Germans (0)
and British (unrestricted).
But there are many exceptions.
First of all entrepreneurs are free to opened a company in Hungary and
do not require a working permit. Businessmen and self-employed
entrepreneurs are the same according to this regulation. Furthermore
workers may be sent to Hungary without working permit. To do so, these
workers already have to be employed by the same employer before.
none of the exemptions is suitable, the way through the instances has
to be gone - and this can be long, especially if the quota is
exhausted. However, it is the prospective employer, who has to apply
for the working permit, and thus a description of the bureaucratic
circumstances at this point is not necessary. We want to wish everyone
trying to live in Hungary this way success.
Large landowners in Hungary
is big and has large landscapes, so there are also large estates and
big house plots. The definition of a large landowner is elastic, some
people will think a plot of 1.000 m² is large, for others it will
need several hectares.
A residential plot in a village is
normally regardless of the size acquirable by a foreigner. The
limitation of 6,000 m², often in the minds of the people, is a
restriction in a very specific exception, but since then not even the
only one. This limitation applies only to external situation, namely if
a house is built on agricultural land (the so-called tanyas). And this
is also the only agricultural land, which a foreigner without major
obstacles may acquire, but also for example without an existing family
house is needed, not even a building permit is enough.
we are already in the middle of the issue on agricultural land. It
should not come as a surprise that the agricultural lands are often
also the largest. Since it is already more of a novelty that vineyards,
fishing lakes, or allotments are under the legal term agricultural
land. And for everything applies generally: foreigners may lease such
land, but not buy it. It is certain that this provision is not
abolished before 2011 but in 2014 it must be, as far as a result of
Hungary's accession negotiations with the EU.
exceptions the Hungarian law knows. About the tanyas, we already have
spoken. The other exception allows foreigners equality with Hungary.
But the foreigners must have been established as farmer in Hungary at
least for three years. Therefore you need an enterprise with main
agricultural operation and a corresponding residence permit. Then, and
only then the foreigners can buy the fields or forests, which are since
some time regularly offered for sale. As already mentioned lease is the
alternative for these plots. These contracts are legally binding and
can accommodate up to 20-year maturity. Until then, buying anyway will
Often also Hungarians are offered who buy
agricultural on their name and give it to the foreigners. Only there is
no security in this case except that one: the foreign buyer commits a
crime and is on top possible victim of blackmail! The option to found a
Hungarian company for owning of the agricultural land is a useless
fantasy, this company that may not even buy the land, if only Hungarian
citizens would be involved in it.
But perhaps you will find a
village house with a very beautiful 9.357 m² plot and so you can
quite easily and perfectly legal feel as a large landowner - and
according to Western ideas, you are indeed!
Magyar Kúria Real Estate Limited with office in Várong, nearby the
thermal bath of
Igal in Hungary, looks at herself not as real estate agent only, but
mostly as service enterprise around the subject real estate, it
matter whether used or for construction of your house or vacation-home,
on your own or a by us purchased property, as a vacation-house, or for
living there. On behalf a house in the tourist centres, as for example
Siófok at Lake Balaton we can offer you your own farmhouse
in a for
village tourism interesting settlements, or just a townhouse in
Kaposvár, Pécs or other towns. We will help you
with your cure or
vacation and also if you plan to invest between Balaton and Drava, we
work for you in the komitats Somogy, Tolna and Baranya. For all
questions you can contact our customers