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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 1 December 2020 Investment of 90 million euros in Pyla

    Investment of €90 million in Pyla read more

  • 25 November 2020 Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses

    Newzoe Developers Ltd have issued title deeds for their Irini Gardens houses read more

  • 17 November 2020 Historic day The development of Larnaca Harbour and Marina has been approved

    Historic day: The development of Larnaca Harbour and Marina has been approved read more

  • 13 July 2020 Μελέτη για τις περιοχές των Βρετανικών Βάσεων

    Ανακοινώθηκε η περιβαλλοντική μελέτη για... read more

  • 9 July 2020 Cabinet extends town planning incentives

    THE CABINET on Wednesday decided to extend existing town planning incentives... 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