Home European Citizenship Cyprus abolishes citizenship through investment programme

Cyprus abolishes citizenship through investment programme

Cyprus has announced it will abolish a controversial passport scheme following an investigation by Al Jazeera that revealed how high-ranking politicians were willing to issue passports to convicted criminals.
The interior and finance ministries said in a statement posted in Greek on Twitter that the citizenship through investment programme in its current form will be abolished from November 1.
“The proposal was based on the longstanding weaknesses but also on the abusive exploitation of the provisions of the program,” Tuesday’s statement said.
On Monday, Al Jazeera’s Investigative Unit released The Cyprus Papers Undercover, which showed the willingness of parliament speaker, Demetris Syllouris, and member of parliament, Christakis Giovanis (also known as Giovani in Cyprus), to aid and abet convicted criminals to obtain a passport through the Citizenship Investment Programme (CIP).

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20 COMMENTS

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  2. The president of Cyprus needs to resign. He is running a corrupt government and a corrupt police department. It is time for the Greek Cypriots to get organized and get fight back against corruption

  3. I have been living in Cyprus for 20 years. Corruption is normal at all levels of the government. In fact the system here most of the time breeds and encourages corruption to the point that you have no choice but to play along otherwise you will get nothing done! Greed is a religion here. Patronage is also normal here. This is why most say "This is Cyprus" We all know it and most of us can't do anything about it! Anyone with a moral compass is poor and would never be successful in any business venture especially legally. This changes nothing. It will continue in a different form forever!

    So spare me the hypocritical outrage. We have far bigger problems in this world that everyone is ignoring, than this.

  4. All countries have similar policies, in australia you can get citizenry by buying property , in the usa you can join the military and become a citizen etc etc . As for corrupt officials? They are everywhere under every stone in every land.

  5. Being Chinese who was born in mainland but moved abroad, well, I have to say Chinese families would love to require passports from another countries to evade Gaokao, since China doesn't permit dual citizenship. So, what's going on in Cyprus is, meh.

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