Latest Headlines

All reports tagged with: "citizenship"

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.

Saudi ‘should not have been granted’ citizenship

The citizenship application of a Saudi businessman whose jet was used by President Nicos Anastasiades should have been rejected as it failed to meet the criteria according to an Auditor General’s report.

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.”

Financing high-rises a headache for bankers

The financing of high rises and other major developments in Cyprus that are aimed at foreign buyers interested in acquiring a Cypriot passport are giving the bankers a headache.

Cyprus passports really are ‘golden’

A new index shows that Cyprus passports really are ‘golden’ ranking its power at eight as its holders can visit 166 countries including 122 visa-free and 44 by obtaining visa on arrival.

EC wants answers to risky citizenships

The European Commission has asked Nicosia whether it would investigate “possible misconduct” in the scandal involving the granting of Cypriot citizenship of 26 high-risk individuals.

Names of 25 citizenship investors revealed

The names of 25 of the 26 investors from whom Cyprus is in the process of revoking citizenship have been named; nine Russians, eight Cambodians, five Chinese, two Kenyans and one Malaysian.

Cyprus to strip citizenship of 26 investors

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.

Fugitive businessman holds Cyprus passport

Fugitive businessman Low Taek Jho, who holds a Cypriot passport and citizenship, has been described as a Malaysian conman sought by the authorities of Malaysia, Singapore, and the US.

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.

Back to top