European Union

Since 1 May 2004 Hungary has joined as one of the new Member States of the European Union. This will have consequences on the settlement of matter in Hungary in the long run, the present rules and laws will step by step be adapted to the European standards. The accession as a Member State will not make this way much difference in the first place in practice.

Regulations concerning purchase of immovable property change provisionally not yet and still certain up to 1 May 2009 will be maintained such as them at this moment to be. Thus is a prohibition on buying agriculture grounds for buying a house is authorisation there necessary of the provincial office and applies. This remains still up to 2011 unchanged.

In EU - accession decision appears, that this period of 7 years can be shortened,
However the price of hungry agriculture ground should burst out lower than the average European price then the hungry government keeps himself one-sided the right extend prohibition once more with 3 years. In the worst case a purchaser of outside Hungary must wait to 2014, for agriculture ground can buy.

At the moment it is this way that you must show your passport at exceeding the border to Hungary because they part still no from to be of the Schengen" treaty. This will be to at least 2007 the case.

Hungary has now still the Forint as legitimate probably pays means but around 2008 will proceed on the Euro.