Author page: Prabhu Balakrishnan

Stricter Rules for Cyprus Golden Visas

Stricter Rules for Cyprus Golden Visas

The Cyprus Ministry of Interior has announced important changes to the Golden visa program in Cyprus with stricter criteria, amidst allegations of defects with the scheme reported in the Auditors General Report. The Decision of the Council of Ministers revised the program May 2023, with stricter criteria aim of streamlining it and limiting its potential abuse. 1. Applicants are required…

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Figures on Golden passports

Figures on Golden passports

The Citizenship by Investment programs have scored big in recent years. According to our analysis, more than 150,000 golden passports have been granted by my nations for investments alone with the Caribbean countries leading from the front. The Five Caribbean countries issued 88,000 golden passports to investors.  Country Passports Source St.Kitts & Nevis 36,742 Figures based on European Commission Report…

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