The Cypriot government announced on Friday that it has decided to formally strip passports from 39 people who obtained citizenship under a disgraced investment scheme, as well as six of their dependents.
The Council of Ministers has decided to remove “Cypriot citizenship for 39 investors and 6 members of their families,” government spokesman Marios Pelekanos said, although he didn’t specify the names of the individuals impacted.
The government is also investigating a further six cases, and has put another 47 “under continuous monitoring… on the basis of the procedures provided.”
Cyprus agreed in October last year to end its Golden Visa scheme on November 1, 2020, which had allowed foreigners to secure residence and citizenship rights in return for investing millions into the country. To qualify, individuals would have to, at least, invest €2 million ($2.43 million) in Cypriot properties on top of a donation to the government research fund.
The scheme, dubbed cash-for-citizenship, is thought to have raised €7 billion ($8.12 billion) before the government accepted it had been open to “abusive exploitation.”
Around 7,000 people are thought to have secured citizenship under the scheme before it was shut down, with a government appointed commission subsequently finding that more than 53% of those who received passports through this method did so unlawfully.
Once an individual has received a Cypriot passport, they would be able to travel, work, and reside in any of the other European Union member states. Previously, the European Commission criticized Cyprus for granting these passports, claiming that “European values are not for sale,” and accusing the scheme of “trading European citizenship for financial gains.”
Like this story? Share it with a friend!
source: RT
Împotriva articolelor redacției noastre, persoanele nemulțumite pot formula Contestație în termen de 10 zile de la publicarea articolului, la judecătoria Orășenească nr. 1 München Bayern Deutschland, in conformitate cu Legea federală Germană. Considerăm că nu se pot formula acțiuni la instanțele din România deoarece nici o persoană care activează în trustul nostru nu poate fi extrasă de sub jurisdicția federală germană. Considerăm că redacția noastră nu răspunde în fața autorităților din România ci doar celor federale sau civile germane. deoarece legea română nu are efecte de extraneitate asupra redacției chiar dacă subiectul știrilor face obiectul unor evenimente sau persoane din România și sunt scrise în limba română. Limba română nu este izvor de extraneitate a legii.
absolvent WEB DESIGN Academia Britanică de Comunicare Iasi - absolvent COMUNICARE IN AFACERI Academia Britanica de Afaceri si Comunicare -absolvent JURNALISM EDITORIAL - London School University - 2019 inscris la echivalare diploma la Universitatea Politehnica Timisoara - absolvent studii de Drept Universitatea Europeană Drăgan, cursuri in Drept la Universitatea de Vest Timisoara, absolvent studii de proiectare, pastor coordonator in Biserica Protestanta Evanghelica,
Android Developer pe Google Play și plugin developer la Oxwall, creator de teme Wordpress și Oxwall, operator Wordpress, Drupal, Oxwall, Osclass, Moodle, tehnologii HTML și PHP
Studies of ‘evaporating atmospheres’ at two distant ‘mini-Neptune’ exoplanets appear to confirm the theory that they eventually become ‘super-Earths’ Astronomers have discovered two separate instances of “mini-Neptune” planets whose atmospheres are being stripped away by solar radiation “like steam from a pot of boiling water,” suggesting that they are transforming into bodies known as “super-Earths.” […]
A light passenger plane has crashed into an empty building on the outskirts of the Italian city of Milan. Everyone on board was killed on impact, while the building, which was undergoing repairs, caught fire. The accident occurred on the southwestern outskirts of Milan on Sunday. The light aircraft, believed to be a Swiss-made Pilatus […]
Tel-Aviv has signed a deal with the US for new military kit, including two KC-46 tankers Israel has penned a deal with its allies in Washington to buy 12 Lockheed Martin helicopters and two Boeing refueling planes, with the total cost estimated to be around $3.1 billion. On Friday, Israel’s Ministry of Defense confirmed its […]
