Creating a home is one of the most important elements of the government’s family subsidies, the minister without portfolio for families said on Kossuth Radio’s Sunday Newspaper.
Image source: koronavirus.gov.hu
Katalin Novák emphasized that if there is work and a secure cover over the heads of families, their sense of security can be much greater, and young people dare to have children and start a family if they know they have an apartment, a home where the child can be born.
The home-building program, launched five years ago, will help families with this, and the opportunities will increase significantly from January 1, the minister said.
Not only will previously known elements be available – such as the fact that the full amount of the attic can be added to facilitate multi-generational coexistence – but the government will reduce VAT on newly built properties from 27 per cent to 5 per cent, plus this VAT. they can be reclaimed by those who buy a new home with a check, Katalin Novák listed.
Also new, according to the minister, is that the government will waive the tax for everyone who buys a check – this is typically a million item – and many are waiting for the home renovation program.
Katalin Novák pointed out that home renovation is about if a family already has a home where they live and does not want to move, but could spend on this home, they will get support for it. With the option available from January 1, the state will reimburse half of the renovation costs, but not more than three million forints, afterwards, he said.
According to the Prime Minister’s announcement on Saturday, from February 1, even those who do not have the funds to do so will be able to participate in the home renovation program, Katalin Novák emphasized. According to him, a home renovation loan will be launched from February 1, allowing families to receive the cost of home renovation in advance from the bank through a loan, after which half of their costs will be reimbursed by the state and only the remainder with a maximum term of ten years.
Katalin Novák stated that an important principle of family benefits is that they are not mutually exclusive, but mutually reinforcing, even with baby support. If you have a couple and start a family, you can add ten million forints to the baby waiting allowance; in the case of a large family, a chocolate can mean an additional HUF 10 million grant, the related loan can be an additional HUF 10 million or HUF 15 million, and even a home renovation grant can be used for a property purchased with a chocolate. This is accompanied by an exemption from duties, he explained.
The Minister drew attention to the fact that family support elements can be freely combined, are also available for single-parent families and can be used even with a child, even after the 12th week of pregnancy.
In the show, Katalin Novák also talked about the fact that there is a question in Europe that is often not asked openly enough by European leaders in Brussels: how do we face the demographic crisis. This is because there is no European country where there are enough children to sustain its population, he added. Fertility rates are below two everywhere, Europe is in a demographic crisis; nevertheless, they do not talk in Brussels about how they can help young people to start a family and have children with as many tools as possible, but rather see migration as a wrong answer to an unspoken question, Katalin Novák emphasized. He added that those who choose this the way they want to go their way, we can only “let us walk the way” the way the Hungarian people want.
He said: from a survey of thirty thousand Europeans, it is clear that thinking in Hungary is extremely family-oriented. “It would be the case in most of Europe anyway, to a lesser extent than in Hungary, (…), but still people would think basically family-centered in Europe as well, and in Hungary outstandingly.”
He added that the Hungarian data show that they consider it important to support young people to start a family, either to help them with a large family lifestyle or to have their own home in their new home.
There is a big difference between Hungarian and Western or Northern European thinking here, as rental housing is more important there, while property is more important in Hungary. Katalin Novák called it an outstanding result that the number of people living in their own homes in Hungary increased by six percent from one year to the next.