Alternatives to the Cyprus Citizenship by Investment Programme
Posted by rubinaaqmal on February 16th, 2021
With the Cypriot government’s official suspension of the Cyprus Citizenship by Investment Programme in November 2020, President of Cyprus, Mr. Nicos Anastasiades, has confirmed last week that the programme will “not be replaced” and remain closed indefinitely.
Cyprus’ Citizenship by Investment Programme had generated more than €9 billion in direct foreign investment but now "other incentives will be offered for investments, but not with citizenship," said Mr. Anastasiades.
What alternative options remain for clients seeking European citizenship through investment?
All three of these options are considerably less expensive than the former Cyprus Citizenship by Investment Programme and have proven popular with private clients and their families from around the world.
For more information please contact us today.
About the Authorrubinaaqmal
Joined: July 22nd, 2019
Articles Posted: 5
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