golden passport’

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

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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

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