Hungary Wealth & Property Tax
Detailed wealth & property tax rates and rules for Hungary in 2026.
Wealth Tax
Hungary does not levy a wealth tax.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Hungary levies inheritance and gift tax (öröklési illeték) on assets exceeding HUF 300,000. Close relatives (spouse, direct descendants/ascendants, siblings) are exempt. Other heirs pay 18% on most assets and 9% on residential property. Gifts follow similar rules. Agricultural land inheritance by qualifying farmers is exempt.
Top Rate
18%
Property Tax
Hungarian municipalities may levy building tax (építményadó) based on floor area (up to HUF 1,100/m²) or market value (up to 3.6%), and land tax (telekadó) based on area (up to HUF 200/m²) or market value (up to 3%). Not all municipalities impose these taxes. Property transfers are subject to a 4% transfer duty (vagyonszerzési illeték) on the first HUF 1 billion and 2% above, capped at HUF 200 million. First-time home buyers under 35 receive favorable treatment.
How Hungary Wealth Tax compares
Hungary does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
