Cyprus Citizenship by Investment

Citizenship by Investment Raises €2.5bn for Cyprus

Cyprus Mail Reports CYPRUS’ citizenship-by-investment programme has yielded €2.5bn in revenues for the government since 2013, Interior minister Socratis Hasikos told lawmakers on Friday. Presenting the ministry’s 2016 budget, Hasikos told the House Finance committee that the programme, which affords wealthy foreigners the Cypriot nationality if they park €5m of deposits into a local bank […]

Cyprus Economy, Cyprus Citizenship by Investment

Just 3 Years After the Crash, Cyprus Economy is Thriving

Economic Update Cyprus Government issues €1billion 10-year bond On 27 October 2015 the Cyprus government issued a €1 billion EUR, 10-year bond at an average yield of 4,25%. This is the lowest rate at which the Republic of Cyprus ever issued a 10-year bond and €450 million (of the money borrowed) will be exchanged with […]

Cyprus Citizenship by Investment, Second Passport and Residency

Cyprus ranked 18th best country in the world

The Good Country Index declared Cyprus the 18th ‘best’ country in the world. The independently compiled index ranks countries around the world based on how each contributes to the greater good of the world. “Using a wide range of data from the United Nations and other international organizations, we’ve given each country a balance-sheet to […]

Cyprus Citizenship by Investment, Second Passport and Residency

Halliburton to make Cyprus its Eastern Mediterranean Operations Base

Oilfield services giant Halliburton sealed a deal with the Government of Cyprus to open their base of operations for the Eastern Mediterranean – giving a much needed ‘vote of confidence’ for the Cypriot Economy. Halliburton’s Senior Vice President for Europe and the Sub-Saharan African Region, Mark Richard confirmed their intention to build a base of […]