Cyprus has announced a comprehensive review of approximately 12,000 Golden Visa permits granted under its now-suspended citizenship-by-investment program, according to reports from eKathimerini.com. The move comes amid mounting scrutiny over the scheme’s transparency and compliance with regulatory standards. Authorities aim to reassess the legitimacy of approvals issued in recent years, signaling a significant shift in the island nation’s approach to foreign investment and residency policies.
Cyprus Initiates Comprehensive Review of Golden Visa Program to Address Regulatory Concerns
The Cypriot government has launched an extensive audit of approximately 12,000 Golden Visa holders amid rising concerns over regulatory compliance and transparency. This initiative aims to reassess the eligibility of applicants under the controversial investment program, which grants residency-and in some cases citizenship-to foreign investors in exchange for significant real estate…
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Author : Jackson Lee
Publish date : 2026-10-12 03:35:00
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