Cyprus suspends ‘golden passport’ programme after exposé
Cyprus cancels cash-for-citizenship programme after legislator caught on camera offering to help a fictitious Chinese investor with criminal record
13 October 2020 - 23:18
Nicosa — Cyprus said on Tuesday it was suspending its citizenship for investment programme, ditching a scheme that the government acknowledged as open to abuse.
Thousands of rich non-Europeans benefited from a plan introduced by Cyprus in 2013 offering a passport and visa-free travel throughout the EU in return for a minimum €2m investment...
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