Ukrainian President Volodymyr Zelensky on Thursday urged Cyprus to revoke passports issued to Russians through an investment scheme and stop private yachts docking in its marinas. Zelensky made the plea during a
Cyprus will revoke the passports of four sanctioned Russians who had received citizenship under an investment scheme discontinued in late 2020, government sources said. The names of the individuals were not disclosed,
An EU recommendation to member states to recall passports issued to Russian and Belarusian oligarchs on the bloc’s sanctions list puts Cyprus in an awkward position. Lawyers warn that if Cyprus recalls
The European Commission called on member states to immediately end any existing investor citizenship schemes and withdraw citizenships granted to Russians or Belarusians sanctioned over Ukraine. Commission spokesperson Annita Hipper said Monday that
Police are requesting the prosecution of former House Speaker Demetris Syllouris and ex-AKEL MP Christakis Giovani implicated in the golden passport scandal, which ended the citizenship for investment scheme. Police have completed
Limassol is still seeing high-rise projects preparing to take off the ground, despite Cyprus’ golden passport scheme’s demise that put some luxury towers on ice. The island’s environmental body has given the
Cyprus’ golden passport scheme’s demise has put some high-rise projects on ice, while other towers have been shortened, delivering a body blow to the construction industry. According to the news website Stockwatch,
The EU Commission has received a reply from Nicosia in the ongoing infringement procedure into the Cyprus Investment Programme and is currently assessing it, a spokesperson said. Responding to whether the European Commission
Interior Minister Nicos Nouris urged land development companies to avoid advertisements that connect real estate to gaining Cypriot citizenship or residency. He said acquiring a European passport should only occur when the
President Nicos Anastasiades refuted claims that his cabinet’s decision to revoke 14 Cyprus passports held by Turkish Cypriot officials was racist and a violation of human rights. The President was drawn into
