Citizenship Cyprus

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3min

Having dual citizenship seems to have become a symbol of prestige amongst the wealthy individuals of our planet. Obtaining citizenships by Investment, though it might seem like an attempt for the rich to flaunt their wealth, is a smart business move with a variety of benefits for the individuals who possess it. A person who has dual citizenship is considered to be a citizen of two different countries at the same time. There are different ways to acquire second citizenship but the most popular one in the business sector is citizenship by investment.


Samuel Oskys06/06/2019
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3min

The Republic of Cyprus has seen its ups and downs from an economic standpoint. Specifically, after the recession of 2008, Cyprus picked up the broken economy and with the help of various programs like the Cyprus Citizenship Program in conjunction with real estate developers. It’s clear that the construction and development industry is still in revival mode and is recovering from the recession years but it’s driven by the Citizenship program. The industry may be dependent on the program which focuses on issuing passports and citizenship to high-value overseas investors and new properties around Cyprus. Developers see a bright future for Cyprus as large projects will be developed in the near future and other big projects will be announced.



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