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Cyprus' Citizenship/Residency by Investment Program Generates €2 Billion

According to Cypriot Interior Minister Socrates Hasikos, Cyprus has generated more than €2 billion from the property for residency scheme over the past two years. The scheme grants Cypriot permanent residency to foreigners upon buying property worth at least €300,000. Cyprus also offers a citizenship by investment scheme that requires a minimum investment of €2.5 million.
Source: Property Showrooms

Categories: Investors Blog
Colin R. Singer: Colin R. Singer is Managing Partner of investmentimmigration.com and immigration.ca and one of Canada’s foremost senior corporate immigration attorneys. He is recognized as an experienced authority on Canadian immigration matters as well as the international residence-by-investment industry through investmentimmigration.com. He is a licensed immigration lawyer in good standing with a Canadian Law Society during the past 25+ years.
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