News, analysis and updates from the Global Pass advisory team.
Cyprus is reviewing its Golden Visa and about 12,000 existing permits as it moves toward Schengen entry. What could change and what investors should watch.
Archive (2021): Cyprus amended its Permanent Residence Permit program for the first time since 2016, adding new investment options for non-EU investors.
Former Google CEO Eric Schmidt was approved for Cypriot citizenship through the country's citizenship by investment program, gazetted in October 2020.
In October 2020, Cyprus announced it would terminate its citizenship by investment program on November 1, following an Al Jazeera investigation.
Industry reactions to Al Jazeera's 2020 investigation into the Cyprus Investment Program, which named individuals who had obtained citizenship.
Archive (2020): Cyprus published new CIP regulations that raised the required donation by EUR 50,000 and allowed parents-in-law as dependents.
