250 thousand euro will help you to become a citizen of Hungary

250 thousand euro will help you to become a citizen of Hungary

Obtain a residence permit and citizenship in Hungary will be possible by buying government bonds in the amount of 250 thousand euro.

The Government suggests that this source of income will help country to get out of the debts. According to this bill, bond buyers will get a special status at consideration of applications for permanent residency. The authorities look to the inflow of capital from the Third World’s countries.

New Hungarian bill following to the experience of many European countries, which allow non-residents to obtain a residence permit by investing in the economy of the state. Hungary, however, went further than their European neighbors and simplified the process of obtaining a residence permit - it is enough for buyers to buy the bonds without any difficult processes.