The Investment Migration Knowledge Platform
This is the first in a two-part series on now-defunct residence and citizenship by investment programs. This week, we look at residence by investment programs (colloquially called golden visas) that are no longer with us. As we enter 2019, the investment migration industry is surfing confidently on a rising tide of both demand for and
Read more
A Hong Kong company has announced the availability of a new Hungarian residence by investment “program”, starting at a real estate investment of 25 million Hungarian Forints (about €80,000) and fees of around €50,000. While the Hong Kong firm says the program is “guaranteed” by the Hungarian Immigration Office, that office, in turn, states it is not affiliated
Read more
On Saturday, Arton Advisors published a press release in which the firm states it is very much moving ahead with its lawsuit of the Investment Migration Council over a report the Council published in cooperation with Transparency International. Responding to the press release, the IMC maintains, as it did in June when Investment Migration Insider
Read more
Investment Migration Insider wrote last week that reports had surfaced in the Hungarian media of a high-profile break-in at Arton Capital’s offices in Budapest Hungary. Initial reports (see sources below) claimed several million euros worth of Hungarian forints, as well as a server, were purloined during the burglary and that some 1,300 witnesses had been
Read more
Arton Capital’s Budapest office suffered a burglary in early April this year, just a week after the program closed, according to a story originally published on 444.hu (in Hungarian) and which first surfaced in English in the Budapest Beacon a few hours ago. Arton Capital has confirmed this with Investment Migration Insider. UPDATE: Investment Migration Insider
Read more