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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

  • 30 April 2019 KPMG Sales of many properties over 1 million

    The exogenous demand for luxury properties, particularly in Limassol, is... read more

  • 22 April 2019 Cyprus real estate investment Prospects and Risks

    The figures, trends and the state of the Cyprus real estate market over the... read more

  • 19 April 2019 Solution for trapped buyers edging closer

    Amendments to the law designed to resolve the Title Deed mess by enabling... 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