Attorney-General George Savvides has given reassurances that nothing will be swept under the carpet during investigations into corrupt procedures for granting Cyprus passports to foreign investors via the Citizenship for Investment Scheme.
Cyprus was slammed by Brussels on Tuesday for “undermining” EU citizenship with what it called an “illegal golden visa” scheme for wealthy foreign investors. The European Commission has launched legal action against
Business groups have turned from defenders to critics of the controversial ‘citizenship by investment’ scheme abolished by the Anastasiades administration on Tuesday but are calling on the government to reinstate a stricter
After 13 years, Cyprus is scrapping its maligned Cypriot citizenship scheme for foreign investors next month as it is no longer fit for purpose. Cypriot government spokesman Kyriacos Koushos made the announcement
Cyprus Citizenship for Investment Scheme is under scrutiny once more following revelations the cabinet approved the naturalisation of 42 relatives of a Saudi businessman with friendly ties to the President. The case
The Association of Large Property Developers has called on those engaging in public criticism of Cyprus’ Citizenship for Investment scheme to stop, arguing that continued debate will harm the economy. In a
Demetra Kalogirou, head of the task force reviewing high-risk cases of ‘golden passports’ that were issued to convicted investors, is seeking legal advice to see if their Cypriot citizenship can be revoked.