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Showing posts with the label hungary

Immigration for the rich

Hungary plans to offer non-EU nationals permanent residence if they buy at least 250,000 euros' worth (£201,000) of special government bonds.

"The goal of the modification is to create the institution of 'investor residency' in Hungary," the lawmakers who put forth the legislation wrote in their proposal.

 Across the globe, residency or citizenship is also offered to foreigners who invest in a country’s economy. Canada used to allow "experienced business people" willing to invest 800,000 Canadian dollars to settle in the country.