Cyprus Citizenship by Investment Program Garners €2.5 Billion in Two Years 

Presenting the annual budget for 2016, the Cypriot Interior Minister stated that Cyprus Citizenship by Investment has attracted investments worth €2.5billion since its introduction in 2013. Cyprus Citizenship by Investment program requires deposit of €5 million in a Cypriot bank, investment of the sum in bonds or equity shares in the country, or purchase of a property…