golden passport’ Archives - Financial Mirror

Real estate must get past golden passport scheme

Annual residential property sales have jumped 31% in the first eight months of 2021; however, real estate sector stakeholders say the industry must come to terms with the scrapped Citizenship for Investment

6th September 2021

Cyprus

Seven foreign investors to lose ‘golden passport’

Cyprus is to revoke Cypriot citizenship from seven foreign investors for violating the terms of its maligned passport-for-investment scheme, officials said Wednesday. Cypriot government spokesman Kyriacos Koushos said the decision was taken

7th October 2020

Business/Cyprus

Calls for a freeze on ‘golden passport’ scheme

Cyprus’ Citizenship for Investment Scheme should be suspended until a consensus is found among the political leadership on whether it has a future, said House Speaker Demetris Syllouris on Monday. He will

31st August 2020

Cyprus

Cyprus audit office probes ‘golden passport’ claims

Cyprus’ Audit Office on Friday said it launched a probe into the government’s passport for investment scheme after shaming accusations it was exploited by criminals. Qatar-based broadcaster Al-Jazeera reported that dozens of

28th August 2020

Cyprus

Cyprus tightens grip on ‘golden passport’ scheme

Cyprus has not processed any passport applications of a foreign investor since January, after freezing procedures pending the approval of tougher criteria regulating the Citizenship for Investment Scheme. The new regulatory framework

30th June 2020

Business

Tighter rules for Cyprus ‘golden passport’ scheme

Cyprus’ cabinet on Wednesday approved tighter rules for its tarnished citizenship for investment programme by tying the scheme to anti-money laundering legislation. Interior Minister Nicos Nouris told reporters following the cabinet meeting

10th June 2020

Cyprus