Regional News • Europe
2020-10-13T11:00:02+00:00

Cyprus to suspend the citizenship for investment programme

Cyprus is suspending its controversial passport scheme by November 1st, after Al Jazeera released an investigation that "implicated high-ranking politicians who were willing to issue passports to convicted criminals."

"The Council of Ministers approved the proposal of the Ministers of Finance and Interior for the abolition of this investment program from 1/11/20. The proposal was based on the timeless weaknesses but also on the abusive exploitation of the provisions of the program," the Ministries of Interior and Finance said in a statement on Twitter.

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