Despite the demise of its golden passport scheme, Cyprus is still high in the preference of foreign investors looking for a secondary residence. According to Henley and Partners ‘Best Investment Migration, Real
The government has decided to revoke the citizenship of 45 dubious investors who obtained a Cyprus passport through the disgraced citizenship by investment scheme, which collapsed under corruption scandals. The decision was
The new chair of the markets watchdog has pledged to continue to protect the interest of investors while helping the sector grow and adapt to new challenges, primarily in financial technologies. Dr
Bank of Cyprus successfully issued €300 mln Tier 2 bonds that were oversubscribed four times as international investors showed confidence in the Cypriot economy. The huge interest shown by investors for a
By Esme Palas To further attract foreign investment to the island and help economic recovery, Cyprus announced amendments to Regulation 6 (2) of the Aliens and Immigration Regulations, which came into effect
Following the collapse of the Cyprus Citizenship for Investment Scheme, developers of large projects urge the government to make the residency programme “more functional and easily accessible”. The Association of Large Investment
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
An Audit Office probe into the citizenship for investment scheme said the process lacked due diligence while it should cease offering family members of wealthy investors a Cyprus passport. It said handing
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
By Demetra Kalogerou The recent crisis in the health and economy sector caused instability in the international financial markets, which in turn boosted markets such as forex, which prior to the COVID-19
