Investment Migration and Corruption: State Capture and the Hungarian Residency Bond Program 2012-2017

Boldizsár Nagy

doi:10.1017/9781108675123.023

Investment Migration and Corruption: State Capture and the Hungarian Residency Bond Program 2012-2017

Boldizsár Nagy^*

^*Corresponding author for this work

Department of International Relations

Research output: Contribution to Book/Report types › Chapter › peer-review

Abstract (may include machine translation)

This chapter explores what can go wrong with investment migration. A program can actually be designed to promote the enrichment only of a circle of close associates of those in power. I unpack how this worked in the case in otherwise ‘anti-migration’ state of Hungary to show that generating FDI is of little help if investment migration, as practiced in a given jurisdiction, promotes international impunity by distributing citizenships to questionable individuals or aiding money laundering.

Original language	English
Title of host publication	Citizenship and Residence Sales
Subtitle of host publication	Rethinking the Boundaries of Belonging
Publisher	Cambridge University Press
Pages	465-481
Number of pages	17
ISBN (Electronic)	9781108675123
ISBN (Print)	9781108492874
DOIs	https://doi.org/10.1017/9781108675123.023
State	Published - 30 Apr 2023

Keywords

autocracy
corruption
Hungary
investment residence
migration
racism
rule of law

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10.1017/9781108675123.023

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Investment Migration and Corruption: State Capture and the Hungarian Residency Bond Program 2012-2017

Abstract (may include machine translation)

Keywords

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