investors

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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All Cyprus passports to investors to be probed

Cyprus Attorney-General George Savvides appointed a four-member investigating committee on Monday to look into all citizenships granted to foreign investors since 2007 when the maligned scheme was launched. Savvides appointed the former

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