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Wealthy Britons turn to Cypriot citizenship

The number of British entrepreneurs looking to "buy" citizenship from countries offering visa-free access to the European Union has...
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Developers call to end ‘golden passports’ debate

The Association of Large Property Developers has called on those engaging in public criticism of Cyprus' Citizenship for Investment...
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Moves to strip seven people of citizenship

Cyprus will begin taking steps to remove citizenship from seven people who violated the terms of obtaining a passport...
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President wants probe into ‘golden passport’ scheme

Cyprus President Nicos Anastasiades said he will ask the Attorney-General to appoint an investigating committee to conduct a probe...
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Al Jazeera ‘probe’ a smear campaign says minister

For a second day on Monday, the Qatar state-owned broadcaster Al Jazeera continued to release a selection of 1,400...
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Al Jazeera names ‘golden passport’ holders

The names of individuals who obtained so-called 'Golden Passports' and citizenship through the much-criticised Cyprus Investment Program have been...
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House passes bills to tighten citizenship scheme

Parliament on Friday voted into law two bills and approved regulations aimed at tightening Cyprus' citizenship by investment programme. One...
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Parliament to vote on tougher citizenship rules

The House interior affairs committee on Monday wrapped up discussion of new regulations aimed at tightening up the citizenship-by-investment...
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MPs commit to expedite citizenship bills

MPs have committed to expediting the bills and regulations aimed at improving the transparency of the citizenship-by-investment programme, so that the items can be voted on before the House breaks for the summer recess.
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Stripping citizenship of 26 investors problematic

The process of stripping citizenship from 26 foreigners who obtained Cypriot passports is proving difficult as passports for naturalised investors cannot be revoked according to the law.
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Citizenship applicants are high-risk

The Institute of Certified Public Accountants of Cyprus (IPAC) has cautioned its members that "Investment citizenship programs carry inherent risks relating to money laundering, corruption, bribery and tax evasion."
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Citizenship scheme reaching saturation point

Cyprus' property developers and other stakeholders are concerned over the future of the construction industry as the Citizenship for Investment Scheme appears to be reaching saturation.
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Chinese investors moving beyond citizenship scheme

Although initially attracted to Cyprus by the 'citizenship by investment' scheme, a banking source has said that we are seeing a decline in one-off buys with east Asian investors now focussing on investments requiring financing.
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Changes to Citizenship scheme approved

Changes to Cyprus' controversial citizenship-by-investment scheme, which has granted 1,864 citizenships and generated €6.6 billion of foreign investment, have been approved by the Cabinet.
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Tougher checks on citizenship bids

The EU says member states need to keep an eye on the number of citizenships they hand out in exchange for investment. Justice Commissioner Vera Jourova has warned that citizenships for sale represent a security threat.
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Limit on citizenship scheme announced

The Council of Ministers has decided to restrict the number of citizenships granted under the ‘Citizenship by Investment Scheme', aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ to 700 a year.
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Citizenship schemes pose major corruption risk

Citizenship and residence-by-investment schemes, commonly referred to as ‘Golden Visa’ programmes, are vulnerable to abuse and undermine the fight against corruption in the European Union.
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Citizenship scheme shrouded in secrecy

Transparency in the ‘Citizenship by Investment Scheme’ aka ‘Golden Visa Program’ aka ‘Passports for Cash Scheme’ will remove the veil of secrecy and silence those accusing Cyprus of trading in naturalisations.
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Cyprus denies ‘selling’ EU citizenship to rich

Cyprus Finance minister Harris Georgiades has said that reports in the Guardian newspaper concerning the granting of EU citizenship to billionaire Russians and Ukrainians are exaggerated.
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Cyprus 7th in citizenship by investment

Cyprus has emerged as one of the most popular jurisdictions for EU and non-EU nationals in the Citizenship by Investment Index, published by Financial Times group's Professional Wealth Management.
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