Inheritance tax in Hungary: what are the tax implications?

Vous avez acheté un bien immobilier en Hongrie ou vous pensez investir prochainement dans ce pays ? La fiscalité immobilière est une variable importante dans le choix d’un investissement immobilier. Il s’agit bien entendu des taxes en lien direct avec l’achat du bien immobilier, l’impôt sur les revenus locatifs. Mais également la question importante des droits de succession. Dans une optique patrimoniale, notre clientèle se pose régulièrement la question de connaître la fiscalité sur les droits de succession en Hongrie.

Therefore, asking the question of real estate taxation in relation to inheritance rights in Hungary means taking a position on fiscal, not civil, grounds.

S’agissant des aspects civils, il faudra vous référer au règlement européen applicable à toutes les successions après 2015 et qui détermine quel droit national est applicable pour les questions civiles en matières de succession.

This regulation, however, excludes the issue of taxation. Therefore, it is necessary to refer to national legislation on this matter.

What does Hungarian law say regarding inheritance rights?

In Hungary, the situation is advantageous, but distinctions must be made between cases :

Inheritance rights for children

The children (and other direct relatives) of the deceased do not pay inheritance tax.

Inheritance rights for the spouse

The spouse (registered partner) of the deceased does not pay inheritance tax. However, this exemption does not apply to unregistered partners.

Taxation for a person with no direct family relationship to the deceased

The general tax rate is 18%, in the case of an inheritance of residential real estate or a right to residential real estate, the rate is 9%.

Also, the heir is exempt from paying inheritance tax up to a market value of HUF 300,000 (approximately EUR 1,000) in the case of inherited movable property.

Spouses, children and close relatives in the direct line are therefore exempt from inheritance tax.

For others, in the case of an inheritance of residential real estate, the rate is 9%.

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