János Tamás Varga, Managing Partner of VJT & Partners, was recently quoted in The Times in an article about the new Hungarian residency Bond Programme. The scheme, launched in December 2012, allows Hungarian permanent residence to be issued to private individuals who have invested in government residency bonds worth €250,000 with a 5-year maturity.
Published at the end of January 2013, the Times piece looks at the different schemes across Europe which allow business-related immigration and the level of interest this has generated in China and elsewhere. János Tamás Varga makes the point that for those business investors who are resident in Hungary it is far easier for them to do business across the EU.
The full article can be read here https://www.thetimes.co.uk/tto/business/economics/article3669835.ece, although you will need a Times log in to access the piece.
