Wonder how much real estate costs in Hungary.
> Wonder how much real estate costs in Hungary. <
Interestingly enough, a foreign national can buy property in Hungary only if that property is in a residential area (city, town, or village). But any property out in the country is off-limits.
I guess Hungary does this to keep its farmland out of foreign hands. And that’s a pretty good idea, if you ask me.
Yes, real estate in Hungary can be purchased by anyone, but there are certain exceptions For example, foreigners are currently not allowed to purchase agricultural property (See below). You can buy any property classified as residential, which generally means anything within city, town, or village boundaries.Mar 12, 2016 Hunimex - Property in Hungary - FAQs - Hunimex Kft. www.hunimex.com/faq.html
If you are married to a Hungarian citizen and/or are the parent of child who is Hungarian and is a minor and/or hold refugee status, you can make a Citizenship application after 3 years of continuous residence in the country. If you profess yourself to be Hungarian and can verify your ancestors were Hungarian citizens. Hungary Guide: Citizenship, How to become a Hungarian national ... https://www.justlanded.com/english/Hungary/Hungary-Guide/Visas-Permits/Citizenship(I'm in like Flint)
Can Hungarians have dual citizenship? Hungarian citizenship is primarily based upon the principle of jus sanguinis (right of blood). Hungarian citizens are also citizens of the European Union and thus, enjoy free travel and residence in any of the countries that are a part of the EU. Hungary has permitted dual citizenship since January 1, 2011. Dual Citizenship Hungary https://www.dualcitizenship.com/countries/hungari.html