There is no need to submit invoices, receipts or inspection when paying out. A simple declaration that the money will be used for housing purposes is all that is required, but neither the Hungarian State nor the financial institution will check the use of the money. In addition, you must be listed as the owner in some proportion in the Property Register. There are 8 years to prepare for this.

Free of interest tax and Socho 

According to the Law on Housing Savings Accounts, no social contribution tax is payable on the subsidy paid into the housing savings account and on the interest paid (credited) to the housing savings deposit.