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 […]