Cyprus is to strip 26 citizenships for people who obtained passports by investing including nine Russians, eight Cambodians, five Chinese, two Kenyans, one Iranian and one Malaysian.
A number of funds are reported to be interested in buying some of the Bank of Cyprus' non-performing loan portfolio, which is valued at as much as €5 billion, according to Bloomberg.
Due Diligence
Due diligence is absolutely essential before committing to buy a property.
