Industry News

It’s Over: Hungarian Residency Bond Program on Moratorium

It’s Over: Hungarian Residency Bond Program on Moratorium

On March 31, the popular Hungarian Residency Bond Program will be officially over, having been put on moratorium.

The program was initiated in 2014 to assist the country with its foreign currency debt. Applicants were required to invest €300,000 in special government bonds to qualify for permanent residency. PR status in Hungary also allows holders to travel freely within the Schengen zone.

Now, with an improved economic situation the government has decided to halt the program.

Hungary’s Residency Program was the best ranked in the world and was extremely popular with investors. The next best alternatives leading to EU residency and citizenship are the following:

  • Cyprus: Applicants to the Cyprus program can obtain citizenship approval within three months, the fastest in Europe.
  • Portugal: With Arton Capital’s qualified offer, applicants can invest €350,000 in a Palatial House to gain residency.
  • Bulgaria: Applicants to the Bulgarian program can choose the fast-track option leading to citizenship within two years.

 

For more information, please contact us.

 


Hungarian Residency Bond Program Financing

Hungarian Residency Bond Program Financing

2017-02-03
2017-02-03

Hungarian Residency Bond Program Financing

Same benefits. Now more affordable than ever. February 3, 2017, Dubai, UAE - Following the

Hungary, Press releases
Moratorium – Hungarian residency bonds

Moratorium – Hungarian residency bonds

2017-01-13
2017-01-13

Moratorium – Hungarian residency bonds

Hungary is placing a moratorium on its Residency Bond Program. Applicants must take advantage of

Hungary
Moody’s upgrades Hungary’s credit rating to Baa3

Moody’s upgrades Hungary’s credit rating to Baa3

2016-11-24
2016-11-24

Moody’s upgrades Hungary’s credit rating to Baa3

Moody's has upgraded the investment grade and credit rating of the Hungarian government bonds to

Hungary
Hungarian Residency Bond Program is here to stay

Hungarian Residency Bond Program is here to stay

2016-10-28
2016-10-28

Hungarian Residency Bond Program is here to stay

At least for another year. The Hungarian Residency Bond Program has been under a

Hungary