W
Wanomore
Guest
Hi There,
I've been thinking about investing in property in Budapest and I have found your discussion to date really helpful - in particular the information/advise you have to offer, Tommy - cheers.
I've done some research and I'm comfortable with the idea that buying property in Budapest now is a good investment. I have one big concern that's holding me back. It doesn't sit right with me that the simplist way to invest is to set up a ltd. co. and then purchase the property through my company. By doing this are we not abusing a loophole in Hungarian law that could come back to bite us? As far as I can see, the Hungarian government aren't in favour of speculative buying which makes me nervous.
Anyone know anything about this?
Thanks...
Wanomore
I've been thinking about investing in property in Budapest and I have found your discussion to date really helpful - in particular the information/advise you have to offer, Tommy - cheers.
I've done some research and I'm comfortable with the idea that buying property in Budapest now is a good investment. I have one big concern that's holding me back. It doesn't sit right with me that the simplist way to invest is to set up a ltd. co. and then purchase the property through my company. By doing this are we not abusing a loophole in Hungarian law that could come back to bite us? As far as I can see, the Hungarian government aren't in favour of speculative buying which makes me nervous.
Anyone know anything about this?
Thanks...
Wanomore