“The Commission has frequently raised its serious concerns about investor citizenship schemes, also directly with the Cypriot authorities. Cyprus citizenship investment options explained. In 2013, the threshold was lowered to 3,000,000 Euros and in September 2016 to 2,000,000 Euros respectively. “If this film is not enough evidence for the need for a legal ban, then what is?”. Countries offering Citizenship by Investment 1. NICOSIA, CYPRUS -- Cyprus on Tuesday scrapped a lucrative program granting citizenship to wealthy investors amid new allegations that a top state … “This needs a treaty violation procedure by the European Commission.”. Those featured in the investigation, including Syllouris and Christakis, have all denied wrongdoing and referred to a report filed with Cyprus’s anti-money laundering unit. Watch and Download Full Movie Deadpool 2 (2018), Cyprus’ citizenship by investment program, Vuln!! Cyprus’s Citizenship by Investment Program There is no denying that the program is aimed at high-net-worth and ultra-high net worth individuals. Thanks to Bukh and Associates we didn’t have any sleepless nights as we obtained our citizenship in Cyprus. But I can promise, we shall do the best. Posing as Billy Lee and Angie, Al Jazeera’s reporters went undercover, pretending to represent a Chinese businessman interested in acquiring a Cypriot passport. These investments must be made in the 3 years leading up to when you apply. Citizenship by Investment is an opportunity to become legal citizen of a country without losing your current citizenship. It is the only direct citizenship program in Europe offering such a simple way of obtaining dual citizenship without residency requirements, with an investment minimum of €2,200,000. Birth certificate 4. Overview One of only two CIP programmes in Europe with official EU approval, the Cyprus Investment Programme (citizenship by investment) is authorised by the Ministry of Finance of the Republic of Cyprus. The Cyprus Citizenship by Investment Program is just such a situation. Cyprus has been the world's juncture for generations - today is your turn. Antigua and Barbuda Photo by Greg Gallaher on Unsplash. We had visited the island nation several times, but with Bukh and Associates working with us, we feel as though we truly have a home — and caring friends who continue to be there for us when we have questions. They also said their dealings with our undercover journalists were intended to gather information to support a report to the authorities without “tipping them off”. It offers the quickest method of obtaining EU citizenship, taking just six to eight months for application approval. Parliamentary speaker Demetris Syllouris went even further, saying: “You can tell him that he will have, without mentioning my name or anybody else’s, full support from Cyprus. The scheme is called “Cyprus Naturalization of Investors by Exception”. However, time and again they were told that the sentence would not be a problem as long as enough money was invested – the implication being that the more their client invested above te $2.5m threshold, the easier he would find it to avoid restrictions. Furthermore, with Cyprus being an EU member state, it grants the right to live, work and study in all 28 EU countries and Switzerland. To further facilitate the growth of the economy and invite more foreign nationals to take up the citizenship of Cyprus, the government of Cyprus started its citizenship by investment scheme from 2011. If we had to go through this again, we wouldn’t move without Bukh and Associates as our guides.. In addition, Cypriot Attorney General George Savvidis said an investigation into possible criminal offences would be launched. At any level – political, economic, social, everything – ok.”. Passport Legacy provides a range of custom solutions for migration and can help you attain a Cyprus citizenship from Dubai. Marriage certificate 6. Before 2013, the minimum investment requirements was 10,000,000 Euros. Contact us on +974 5080 0207 (WhatsApp/Signal), or find other ways to reach out on our Tips page. Another biggest threat is leaks, which happened recently with Cyprus, where name of investors were leaked to media and the list included high profile wealthy families. Citizenship by Investment Cyprus Cyprus offers the quickest, most assured route to citizenship of a European country through the Cypriot citizenship by investment programme. Following Tuesday’s announcement by the Cypriot government, Syllouris said he would abstain from duties from October 19 until government investigations had been completed. They foresaw every question we had and answered each one professionally and promptly. Said scheme is based on subsection (2) in section 111A of the Civil Registry Laws of 2002-2015. No other European golden visaprogram guarantees such assured results offering an EU second passpo… Such a policy allows the island to attract substantial investments from abroad annually, which contributes to the development of the country’s economy. Al Jazeera reveals how Cypriot officials discussed finding ways to provide citizenship to a convicted criminal. Anyone wishing to establish Cypriot citizenship will find an panoply of possibilities. After Monday’s revelations, the European Commission said in a statement it had watched the revelations in disbelief. 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. “We are aware of the latest declarations of the government and expect the Cypriot competent authorities to thoroughly look into this case.”. See the faces behind the stories and explore data proving Cyprus sold passports to criminals and high-ranking officials. Ever lay awake at night wondering what you’ve done? Minimum Investment: USD 100,000 Time Frame: 3-6 months Official Government Website: cip.gov.ag Travel Perks: Visa-Free to 151 countries. The first on our list is Antigua and Barbuda, which is a twin-island country in the Caribbean. Furthermore, applicants are not required to reside in the country at all. After The Cyprus Papers, Cyprus defended its programme. However, in an internal audit released late September, the country’s audit office found several weaknesses in the scheme. Some countries which offer the opportunity to obtain citizenship by investment are Portugal, Greece, Malta, Spain, St Kitts and Nevis, Cyprus, and Grenada. The Cyprus Investment Programme can be obtained within just 6 months. Move follows Al Jazeera investigation that implicated Christakis Giovanis, who is also a major real estate developer. Under the scheme, anyone who could afford to invest at least $2.5m in the Cypriot economy, usually through real estate, was able to obtain a Cypriot passport. If you name and citizenship information is exposed, this cause a lot of problems for you and your family such as receiving threats, investigations by authorities. Documents proving evidence of required investments Our questions weren’t answered well by the Cypriot embassy, but Bukh and Associates guided our steps along the path. Cyprus Citizenship by Investment is by far the best and fastest immigration program in the world as it offers a wide range of benefits from the high quality of life to the ability to live in any part of the EU zone (only for the passport program). Although the application process for citizenship in Cyprus is rigorous, the team at Citizenship by Investment are on hand to help make everything as simple as possible. Do you have more info about golden passport sales or want to share another tip? In today’s world of chaos, people are looking for a spot without chaos where they can enjoy life, rebuild a life or start a new life. Phone: +971 4 550 9341 Best Way To Get Cyprus Citizenship By Investment In 2016, the Cyprus Council of Ministers approved the amendments to the Scheme for Naturalizations of Investors in Cyprus by Exception. 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). The move comes after an Al Jazeera investigation showed that politicians were willing to help criminals acquire passports. Cyprus Citizenship By Investment Cost. One of the main ways to apply for citizenship in Cyprus is to invest in the country. The Cyprus Citizenship by Investment program offers the fastest and most assured route to gaining a European passport through investment in real estate. CV for main applicant, plus any adult dependents 3. Dutch MEP Sophie in ‘t Veld told Al Jazeera: “[The film] fully exposes the ‘citizenship by investment’ schemes for what they really are: a cover operation for bringing criminals and criminal money into the EU. When we started the citizenship-by-investment process, we were overwhelmed with what we were about to do. At least 23 applications had been fast-tracked by the minister of interior, while problematic individuals could apply for a passport with ease through their family members’ citizenship applications. You will require the following documents in order to complete your application for Cyprus citizenship by investment (as well as official and certified translations): 1. Cyprus’ Citizenship by Investment Program was established in 2016 in an effort to attract direct foreign investment from high net-worth individuals. The move comes after an Al Jazeera investigation showed that politicians were willing to help criminals acquire passports. February 7, 2019 The Cypriot citizenship by investment scheme existed since 2007 investment and has come a long way after 10 years, the investment requirement cut to EUR 2 million, down by 92%. This will open the countless doors of better work, education and health facilities for you. You’ll achieve a second passport right after the approval of your application along with your family. The country’s financial services are reputable and have full FAFT (Financial Action Taskforce) compliance. The mystery businessman had been convicted for money laundering, which should have disqualified him as an applicant under Cyprus’ rules. Possess a valid passport. Cyprus passport holders have the freedom to hold dual citizenship and travel visa-free to 171 nations. “It’s not easy. Criminal record certificate 5. 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