Nagy Comments on the Hungary’s Settlement Bond Program

Hungarian news portal hvg.hu reports: According to a research by Transparency International (TI) and Investment Migration Council, Hungary's settlement bond program enriches unknown companies while not bringing any money to Hungary itself. Boldizsar Nagy, associate professor at CEU's Department of International Relations and European Studies believes that the laws passed regarding the program are accepted without prior discussion, are full of anomalies, and lack transparency. (Hungary's settlement bond program provides residency permits to foreign citizens purchasing some EUR 300,000 worth of bonds issued by certain designated brokerage companies, which in turn purchase the residency bonds from the Hungarian treasury.)

Further coverage item:

Magyar Narancs (3.30.2017. pp.8-10. "Onmagunkban tesszuk a legnagyobb kart")