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Cypriot Investment Scheme
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  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 28 May 2020 Coronavirus Anastasiades outlines millions to be pumped into the economy updated

    Fortunately, the government is proceeding with helpful measures in order for... read more

  • 26 May 2020 The elite are snapping up pandemic passports so they can escape to safer countries

    Millionaires are looking to escape to a safe country with good medical... read more

  • 14 May 2020 CASINO RESORT Construction work resumes

    Construction work on the City of Dreams Mediterranean casino will resume on... read more

  • 11 May 2020 KEVE All the details of the business and employee support measures

    To deal with the effects of the crisis on the coronaire after their approval... read more

  • 13 March 2020 THE RECONSTRUCTION PLAN OF THE LARNACA MARINA

    The Larnaca Port & Marina Master Plan will become a great resource for the... read more

Cypriot citizenship to foreign investors who underwent a cut of their deposits

 

Nicosia: The discretionary grant of Cypriot citizenship to dozens of foreign investors as well as to members of their families, with the haircut of their deposits from banks, popular and Cyprus, goes home.

Only last week, the Cabinet approved the exceptionally naturalization six Russian nationals whose deposits in Bank of Cyprus or in popular or both together have impaired/sheared of at least € 3 million, as generated by the measures implemented after the Gioyrogkroyp meeting last March.

The Government recently adopted specific Anastasiadi measure, in an effort to keep the Cyprus foreign investors who lost their money in Cypriot banks. Stressing that the citizenship automatically granted to spouses and children of those foreign depositors.
 
Because detected several cases of depositors who have been mowing down of € 3 million, the Cabinet gives them the right to claim the Cyprus citizenship covering the rest of the required amount with additional investment or contribution to a State Fund.
 
The Interior Ministry made efforts to streamline the process of submission of relevant applications and to reduce the waiting time for examination. In this way, as estimated, will be supplanted the middlemen and the various circuits that the system itself has created, which charge thousands of euros as ' services ' facilities for promotion of such requests.
 
Writes: Michael Hatzistilianoy G.

http://www.philenews.com/el-gr/koinonia-eidiseis/160/188340/osoi-echasan-pano-apo-3-ekat-ginontai-aftomatos-kyprioi