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Purchasing Real Estate - Checklist?

3 years ago
I'm from the US. I'm interested in purchasing property in Hungary for retirement. We have trusted locals who are able to help navigate potential fraud. However, they were unclear on how a non-resident would go about purchasing property. Could anyone offer a checklist for the process?

We were told that we had to:
a) Get a resident visa through the State Department
b) Get 'permission' from the Hungarian Government for a fee (?)
c) Put down at least 20% on the property.

I feel like there is a lot being left out. Thanks for your help!

GeoBlue
GeoBlue
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

GeoBlue
GeoBlue

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