House passes bills to tighten passport scheme
Parliament on Friday voted into law two bills and approved regulations aimed at tightening Cyprus’ citizenship by investment programme. One of the laws was passed...
citizenship by investment
House prepares to vote on tougher golden passport rules
The House interior affairs committee on Monday wrapped up discussion of new regulations aimed at tightening up the citizenship-by-investment programme, previously flagged by the EU...
MPs prepared to fast track citizenship bills
Lawmakers on Monday committed to fast-tracking the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that the items can be...
Interior Minister Nouris: Invest for Passport Programme is secure and strong
Interior minister says Cypriot investment programme is secure and strong By Andrew Rosenbaum Across Europe, 10 EU member states, including Cyprus, offer either residency...
Citizenship by investment: striking the right balance
With the modern world demanding people are able to move around, citizenship by investment allows investors to do the same. A conference in Limassol this...
Sovereign equity win-win for states
Chairman of global citizenship and residence consultancy firm Henley & Partners Dr Christian Kaelin was in Cyprus last week to address a workshop titled ‘Looking...
Looking ahead: Cyprus’ investment programme
The 1st Cyprus Workshop, titled ‘Looking Ahead – the Future of the Cyprus Investment Programme’, and organised by Investment Migration Council (IMC) is being held...
Despite opposition, government declares issue of private jet closed
The government said on Tuesday it considered the matter regarding the president’s use of a private jet closed as opposition parties continued to demand answers...
Accountants urged to exercise caution over citizenship applications
The Institute of Certified Public Accountants (Selk) has urged its members to thoroughly examine the background of clients who apply for citizenship, issuing a directive...
How relatives and allies of Cambodia’s ‘iron fist’ leader gained Cypriot citizenship
By Clare Baldwin and Andrew RC Marshall Cambodia’s long-ruling prime minister, Hun Sen, had gathered athletes at his imposing office for a televised pep talk....
New criteria for passport scheme come into force next week
THE NEW criteria for the citizenship by investment scheme, which were approved by the Council of Ministers in February and will include the carrying out...
Scramble for Cypriot passports as tighter rules loom
Foreign nationals are reportedly scrambling to acquire Cypriot passports via the citizenship-by-investment scheme, ahead of tighter criteria kicking in on May 15. According to daily...
Cyprus’ golden visas display traits of a tax haven, say MEPs
A report by a special European Parliament committee on financial crime and taxation has named Cyprus and six other member states as displaying traits of...
President says will step down if shown to have links to passport sales
President Nicos Anastasiades said he would resign if it was determined that he was involved in the sale of passports as part of the island’s...
MPs pass law giving them a say over golden visas
The House on Friday passed a law giving MPs a say over honorary naturalisations and on who could be granted golden visas. The law will...
Damning report on golden visas ‘inaccurate’
A damning European Commission report regarding the island’s citizenship-by-investment programme did not portray an accurate picture as it failed to take into account the changes...
EU sees crime risks from Malta, Cyprus schemes to sell passports (Updated)
The European Commission will warn that schemes in EU states to sell citizenship or residence to wealthy individuals could help foreign organised crime groups infiltrate...
‘A new bubble in the making’
Cyprus could be inflating another property bubble through the citizenship-by-investment programme, and at a time when such extraordinary policies are no longer necessary, distinguished economist...
‘Unfair for Cyprus to be singled out for golden visa criticism’
It is unfair for Cyprus to be singled out for its citizenship-by-investment programme, while other EU countries have similar schemes in place, President Nicos Anastasiades...
Almost 2,500 applications filed for ‘golden visas’
From May 2013 until August of this year, 2,390 applications were filed by law firms and accounting firms on behalf of foreign nationals seeking Cypriot...
