The Council of Ministers in Cyprus decided to implement the “economic citizenship program” granting cypriot citizenship to applicants who meet the program’s criteria. There are several options available. See full details here.

The option of investing €5 million in either real estate or cypriot companies or financial instruments (or a combination thereof) strikes me as an option worth considering for HNW and UHNW individuals looking to obtain an EU passport. Look at this chart of the Cyprus Stock Exchange:

cyprus-stock-exchange

It looks like there are quite a few good speculations to be found on the cypriot stock market…

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