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29th March 2024
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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.

Calls to end Golden Visa schemes

European lawmakers have urged member states to end their Golden Visa schemes as their advantages do not offset the serious security, money laundering and tax evasion risks they present.

Almost 2,500 ‘golden visa’ applications

A list contained in a letter that was leaked to the media reveals that between May 2013 and August 2018 2,390 'golden visa' applications were filed on behalf of foreign nationals seeking Cypriot naturalisation.

Applications from Golden visa providers

As from July 31st golden visa applications will only be accepted from providers that have registered with the scheme's supervisory body and who have signed up to a code of conduct.

Golden Visa Program raises €4 billion

The Cyprus Golden Visa Program, which enables non-EU citizens to purchase Cypriot passports and residency permits by investing money in property and other sectors, has raised €4 billion.

Europe’s Golden Visa schemes

The 'Golden Visa' schemes offered by many European countries, including Cyprus, have their risks and rewards, but could processing delays and other inconveniences stymie interest from Asian buyers?

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