The investigation by the Parliamentary opposition’s shadow committee concluded that the residency bonds generated no profit for Hungary and twenty days were not enough for the authorities to establish if residency bond buyers or their family members pose a security risk. In his Wednesday press conference, the committee’s Jobbik-delegated member Ádám Mirkóczki said that only 12 residency bond buyers and 53 family members have been denied a residency permit so far.
“Little do we exaggerate when we say that the whole scheme is designed to hand out a residency permit to whoever has enough money,” the MP said. Mr Mirkóczki emphasized that twenty days were not enough for the intelligence services to establish if a foreigner applying for a residency permit poses a security risk or not.
The filtering mechanism of the Hungarian authorities is likely limited to searching the international wanted lists, and if there are no hits, then they probably just conclude that the applicant does not pose a national security risk, he asserted. Contrary to the government’s statements, the MP believes that the residency bonds neither boost the national economy nor expand the Hungarian labour market.
Source: Jobbik.com – Press release