Bill Grants Hungarian Citizenship For €250,000
- 30 Oct 2012 8:02 AM
Antal Rogán and two other Fidesz MPs filed a bill that would allow non-EU immigrants to purchase citizenship by buying €250,000 worth of state bonds. Such individuals would be granted residency status as well as citizenship if they or a company controlled by them were to buy bonds to that amount, under the bill.
One of the co-sponsors of the bill, Fidesz MP Mihály Babák, said with reference to potential Chinese investors that ”in order to became a relevant player on the market, money must be invested. And if someone is a Hungarian citizen then more opportunities are open”.
Source: Hungary Around the Clock
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