Cyprus Golden Visa Revamp: Investments Unchanged but Fewer Dependents and Tougher Compliance

Cyprus Golden Visa Revamp: Investments Unchanged but Fewer Dependents and Tougher Compliance

Cyprus has revamped its permanent residence by investment program and introduced major changes aimed at improving transparency and creating long-term benefits for its economy. While better control mechanisms and transparency are good for the program, the changes are unlikely to cheer investors since fewer dependents can qualify in a single application and successful applicants will face stricter…