Hungarian Residency
Residency Bonds

This bond can be issued only by a finance firm which received an authorization to do so from the Economics Committee of the Hungarian Parliament. This finance company is legally required to buy straight away a specially-issued government bond from the investment proceeds. Thus, the bonds issued by the finance company are fully backed by the Hungarian Government Bonds. The finance company is also have to file a monthly list of applicants in the Residency Bond System to the Immigration and Citizenship Authority.

After investing at least EUR 300,000 in the Investor Residency Bond Program, at first a residency permit will be issued to the investor. The first residency permit is valid for 3 or 5 years. After having the residency permit for more than a half year, this permit can be converted to a permanent residency which is valid for life. After the bond is paid back, the participant is still qualified for the permanent residency. Owning a residency permit enables the applicant to live in Hungary and stay in any member state of the European Union. This possibility is considered as one of the major advantages in this system.

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