Parliament approved legislation in 2012 that allows foreign nationals who invest at least 250,000 euros in securities to avail of an accelerated application procedure for permanent residency in Hungary.

HSSDF, registered in the Cayman Islands, is one of seven agents that can issue the residency bonds, according to the Government Debt Management Agency’s website. It started selling the papers in the middle of 2013.

Source www.hungarymatters.hu

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