The trial surrounding Cyprus’s Golden Passport scandal, originally exposed in an investigation by Al Jazeera, has been suspended by the Nicosia criminal court due to changes in the court’s composition. This development has resulted in the acquittal of all four defendants, including former House President Demetris Syllouris, former Akel MP
The Residency by Investment program in Cyprus has undergone significant amendments as approved by the government. These changes aim to tighten the application process and establish stricter requirements for prospective investors. Among the key modifications are the introduction of a higher minimum annual income threshold, an increased amount for sponsoring
Three investors had their Cypriot citizenships revoked. Additionally, the passports of the individuals’ wives and children were also taken away, according to government spokesperson Konstantinos Letymbiotis. This action was taken following a thorough investigation conducted by the government. In the same cabinet session, a bill for 2023 was approved. This
