The Hungarian Guide - Investing and retiring in Hungary

  • A stunning capital with unique setting A stunning capital with unique setting
  • walking and birdwatching paradise walking and birdwatching paradise
  • undisturbed nature rich in rare species undisturbed nature rich in rare species
  • enjoy the 144 mile lakeside cycle track enjoy the 144 mile lakeside cycle track
  • Teeming with History Teeming with History
  • over 300 Thermal Health Spas and warm lakes over 300 Thermal Health Spas and warm lakes
  • picturesque lakes with Carp weighing over 100 lb picturesque lakes with Carp weighing over 100 lb
  • Feast on delicious sunripened local fruit Feast on delicious sunripened local fruit
  • Lake Balaton gets as warm as the Caribbean in the summer Lake Balaton gets as warm as the Caribbean in the summer
  • Tranquil Lake Balaton Tranquil Lake Balaton
  • Lush rolling hills of western Hungary Lush rolling hills of western Hungary
  • buy a thatched cottage for under £30 000.. buy a thatched cottage for under £30 000..
  • horsemen and nature lovers paradise horsemen and nature lovers paradise
  • Europe's second largest freshwater lake Europe's second largest freshwater lake
  • A paradise for watersport enthusiasts A paradise for watersport enthusiasts
  • Tihany peninsula- a pearl of history and nature Tihany peninsula- a pearl of history and nature

About Hungary

Hungary and Lake Balaton

rolling hills of hungary

A rolling lush green landscape, thatched ramshackle cottages, a summer climate as warm as its people, thermal spas in every town and hidden vineyards producing some of the finest wines in the world. All this surrounds a huge, twinkling, sandy bottomed, azure lake with no motorised water sports, making it safe and relaxing for kids, parents and grandparents alike. With horse riding, rambling, sailing, wine tasting, some of the best fishing in the world and a thriving expat community there isn’t any shortage of things to do.So why haven’t you heard more about this amazing country?
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New Location For The British

Its only been 20 years since overseas nationals could buy property there. Thanks to the decline of communism in Europe, and entry into the European Union in 2004 this is Hungary’s time. Although house prices are amongst the cheapest in Europe (starting at about £8,000 for a bungalow with half an acre), Hungarians enjoy a standard of living comparable with many more developed nations, including the UK. Quiet roads, twice as many hospital beds and twice as many doctors per person than the UK, giving real care, free health tretment, free bus and rail travel for the over 65′s, no inheritance tax for your children, over 5% on savings deposits in banks, steady appreciation on property even through the recession, over 150 flights a week from the UK (from £50 return) and an almost ridiculously low cost of living make a compelling argument to consider Hungary top of your retirement destinations.
Hungary is cooler and greener than Spain, has less taxes and speak better English than France, allows personal ownership and not company ownership like in Bulgaria, has no illegal construction and planning permission problems that exists in Spain, is Christian and religious tolerant and positively encourages foreign investment.

Hungary’s Current Status

Hungary is a democracy and a member state of the European Union since 2004 and also held the presidency of the EU in 2011. In 1989, when the Iron Curtain was drawn, Hungary rapidly shrugged off its communist past and entered this new democratic era, withdrawing from the Warsaw Pact and saying goodbye to Russian troops that had secured her borders against the West.In 1000 Stephen the first, a descendent of the first settlers was recognised as the first Christian king of Hungary. There is still a Royal family in Hungary, but no longer a monarchy. Hungary is still broadly Christian, but has a complete toleration of other religious beliefs.The currency is the Forint and as of January 2014 there are approx 360 Hungarian Forints (HUF) to 1 British pound.

Like Britain in the 1950′s”

This was the Daily Mails observation after a visit to Lake Balaton in Hungary. It has low crime, no littering, integrity in business and retains old fashioned family values which are missing from the UK today and which inspire the people of Hungary to welcome us with open arms.

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