Act No. XXIV of 1988 on the investments in Hungary of foreign nationals. Country/Territory Hungary Document type Legislation Date 1988 (2011) Source FAO, FAOLEX Subject Land & soil Keyword Land tenure Ownership Foreign land tenure Geographical area Eastern Europe, Europe, Europe and Central Asia, European Union Countries Entry into force notes 1 January 1989. The latest consolidated version of the Decree entered into force on 1 January 2012. Abstract Restrictions without exemption regarding the acquisition of property rights on land by foreign nationals have been abolished. Full text Hungarian Website njt.hu References - Legislation Amended by Act LV of 1994 on Arable Land. Legislation | Hungary | 1994 (2013) Keyword: Agricultural land, Land tenure, Land reform, Subdivision of land, Foreign land tenure, Right of use, Lease, Ownership, Land valuation, Use restrictions, Urban land, Agricultural development, Authorization/permit, Soil conservation/soil improvement, Classification/declassification, Soil pollution/quality, Smallholders/peasants, Offences/penalties, Size Source: FAO, FAOLEX