Cyprus gave nod to just 27% of pending applicants amid EC ire after Golden Visa closed

Mark Battersby
clock • 1 min read

The Cyprus government approved only a quarter (27.6%) of the pipeline 1,413 applications for its now defunct so-called golden visa citizen by investment scheme, which it processed against the wishes of the European Commission. According to the Cyprus Mail, Interior Minister Nicos Nouris said during the government's 2022 budget hearing in parliament that the cabinet gave the green light to 390 CBI applicants who had managed to file applications by October 31, 2020, which was the day before the government officially abruptly terminated the programme. The 390 passports related to foreign...

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