Advertisements about Hungarian residency through real estate investment first appeared in China, now in Vietnam. This is not a state-run program, but it is partly organised by companies that were also involved in the government’s controversial residency bond program.

The MP was informed earlier that Hungarian authorities found no risk during Atiya Khoury’s security screening.

A businessman involved in the controversial Hungarian residence program told Mossack Fonseca that he believes the Chinese government is behind one of the companies running the scheme.

The Hong Kong-based company now claims that it had not been circumspect enough. According to the government, the program is a plain lie.

A Chinese advertisement says that applicants have to invest in real estate in order to receive Hungarian papers. According to the company that advertises the new programme, everything is discussed with Hungarian authorities. However, the Immigration Office denies this.

Hungarian authorities do not plan to carry out further investigations or to revoke the permanent residence permit of two the two Syrian men with controversial backgrounds named in the joint investigation of Direkt36 and 444. According to the Immigration Office, one of them did not buy residency bonds, contrary to what a close relative of his told Direkt36.

People who could pose serious security risks for Hungary and the European Union were granted residency through a controversial Golden Visa scheme run by the Hungarian government.

Chinese citizens have been flocking to Hungary. But since public outrages forced the suspension of the country’s Golden Visa program last year, these new guests have begun to wonder if they’ll get their investment back.

Árpád Habony is the sole shareholder of the firm, which chose exactly that secretary that also works for the local residency bond company. After an exclusive helicopter tour and a trip in a private jet, here is the new Hong Kong connection.

One of the companies involved in the controversial residency bond business has bought up dozens of apartments in Andrássy Avenue, perhaps the most elegant street of Budapest.