Legal Technicality Holding Up Cyprus’ Revocation of 26 Citizenships
Cyprus intends to revoke at least 26 citizenships granted under the country’s CIP. That effort, however, has so far been stymied by Cyprus’ citizenship law.
Read MoreCyprus intends to revoke at least 26 citizenships granted under the country’s CIP. That effort, however, has so far been stymied by Cyprus’ citizenship law.
Read MoreThe Cypriot Foreign Minister has told local press he expects new developments this year with regards to a visa-waiver agreement with the United States.
Read MoreAs CIP-demand slows, luxury developers are most likely to take the brunt of the impact while the overall market continues on a modest upward trajectory.
Read MoreService providers must provide papers proving all their clients going back to 2013 kept their investments according to the requirements by February 15th.
Read MoreIf you thought backlogs were only a North American residence program phenomenon, think again; Retrogression has arrived in Europe.
Read MoreThe Cypriot government says it will revoke 26 citizenships granted before 2018. Among the individuals affected are eight Cambodians and one Malaysian.
Read MoreThe big story in investment migration this week involves Jho Low, Cyprus’ government, private business, due diligence providers, and even the clergy.
Read MoreA Cyprus newspaper claims the country’s CIP approved fugitive Jho Low in 2015 with the help of Henley & Partners. The firm categorically denies the claims.
Read MoreCyprus will conduct due diligence on past applicants, audits on all investors at regular intervals in the future, and revoke citizenships if necessary.
Read More“We are barely able to sell one passport a month,” said the chairman of the Association of Property Valuers, Polis Kourousides last week.
Read MorePartly spurred on by a pending price-hike, investors have picked up some EUR 1.1 billion in (mostly) real estate assets so far this year.
Read MoreMP George Perdikis has tabled a bill that would see CIP-applicants’ names published. Data Protection Commissioner Loizidou is again compelled to intervene.
Read MoreFollowing the Cypriot citizenship by investment program’s introduction of a €150,000 donation requirement in May, luxury property sales in Cyprus have taken a hit.
Read MoreAdjusting for differences in minimum requirements, you’ll get three times as many square meters in the cheapest market as in the most expensive.
Read MoreGreece’s new center-right government is the reported main catalyst of the plans, which would take direct aim at Cyprus’ market share.
Read MoreOn Monday, Cyprus’ Council of Ministers decided to grant an exemption from the €150,000 donation requirement to those investors who began the CIP investment process prior to the new rules.
Read MoreHaving lowered the minimum investment requirement for its citizenship by investment program in 2016, from €2.5 million to €2 million,
Read MoreWith 562 registered service providers, the Cypriot CIP has more accredited agents than all other citizenship by investment programs combined, but walk past a thousand Kittitians on the street and you’ll run into at least one licensee.
Read MoreIn the first seven months of 2018, Cyprus had already received 521 applications for citizenship by investment. Unless it rejects
Read MoreDuring a debate among members of the European Parliament in Strasbourg, earlier this week, President Nicos Anastasiades of Cyprus came
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