More than twice as many residency bonds were bought in April as in the previous month, daily Magyar Nemzet said. Citing figures by the Public Debt Management Center, the paper said a total of 62 bonds with a face value of 300,000 euros and five bonds with a face value of 250,000 euros were sold in April. In March, only 31 bonds were sold which probably resulted in part from a price increase, the paper added.
Magyar Nemzet said April saw the return of a trend from previous months when 75 bonds were sold in January and 68 bonds in February. Non-EU citizens who buy at least 300,000 euros worth of residency bonds with five years maturity are entitled to a Hungarian residency permit that enables them to freely travel in the Schengen zone.