Page 1 of 1

Cyprus to strip "Golden Passports from 26 investors

Posted: Fri Nov 08, 2019 6:33 am
by hanno
Including 8 Cambodians:

BBC
The Cyprus government says it will revoke the "golden passports" bought by 26 rich foreign investors and family members from outside the EU.

Interior Minister Constantinos Petrides did not name the individuals involved.

Reports say they include nine Russians, eight Cambodians and five Chinese. The EU says such schemes may mask fraud.
https://www.bbc.com/news/world-europe-50331697

Re: Cyprus to strip "Golden Passports from 26 investors

Posted: Fri Nov 08, 2019 8:38 am
by Brody
The Cyprus government says it will revoke the "golden passports" bought by 26 rich foreign investors and family members from outside the EU.

Including eight Cambodians.
Awww....no more lavish, Facebook selfie-documented EU vacations.....better sell off those London properties, chop-chop.

Image

Re: Cyprus to strip "Golden Passports from 26 investors

Posted: Fri Nov 08, 2019 8:40 am
by Singsling
Haha the girl friend will love this

Cyprus Review

Posted: Sat Nov 09, 2019 11:36 am
by chiltern
Apparently Cyprus has decided to cancel the citizenship status to eight Cambodian nationals granted under their Golden Passport Scheme.

Re: Cyprus to strip "Golden Passports from 26 investors

Posted: Sat Nov 09, 2019 1:13 pm
by Anchor Moy
hanno wrote: Fri Nov 08, 2019 6:33 am Including 8 Cambodians:

BBC
The Cyprus government says it will revoke the "golden passports" bought by 26 rich foreign investors and family members from outside the EU.

Interior Minister Constantinos Petrides did not name the individuals involved.

Reports say they include nine Russians, eight Cambodians and five Chinese. The EU says such schemes may mask fraud.
https://www.bbc.com/news/world-europe-50331697
That's eight accounted for then.
Eight family members or allies of Cambodian leader HE sought and received Cypriot citizenship in 2016 and 2017
Don't think we need to post the names. They are all in the Reuters article link on this thread: newsworthy/topic33200.html

Re: Cyprus to strip "Golden Passports from 26 investors

Posted: Sat Nov 09, 2019 1:25 pm
by Duncan
I wonder if everyone will get their money back.