Russians become leaders among foreigners who received Cyprus passport
In 2017, 5,517 people acquired Cyprus passports, most of them are Russians (more than 1.3 thousand people), followed by the British and Ukrainians. In early 2019, the Cyprus authorities tightened the provision of citizenship to investors
The most numerous group, which was given passports of the EU member countries, were Moroccans - almost 68 thousand people, 83% of them received citizenship of Italy, Spain and France. Albanians follow (almost 59 thousand, 97% of them received passports of Italy and Greece) and Indians (31.6 thousand people, 53% became citizens of Great Britain).
Then come the Turks (almost 30 thousand people, more than 50% received German passports), Romanians (25 thousand, of whom 32% decided to obtain another EU citizenship, in particular Italian), Pakistanis (23.1 thousand, 45% became citizens of Britain), Poles (22 thousand, 63% received another EU citizenship - British and German) and Brazilians (21.6 thousand, 74% of them received passports of Portugal and Italy).
Most of the passports for foreigners were issued in Italy (146.6 thousand), then in Britain (123.1 thousand), Germany (115.4 thousand) and France (114.2 thousand). In 2017, over 5.5 thousand people received Cyprus citizenship, of which 23.8% (1313 people) were Russians, 9.1% (502 people) were British, and 8.7% (479 people) were Ukrainians.
In February 2019, the Cypriot parliament voted for a bill to toughen the issuance of so-called gold passports to investors, which, like a residence permit, can be obtained in exchange for investment in the economy of the republic. It will take effect from January 31, 2020.
In 2017, 5,517 people acquired Cyprus passports, most of them are Russians (more than 1.3 thousand people), followed by the British and Ukrainians. In early 2019, the Cyprus authorities tightened the provision of citizenship to investors
Photo: Yiannis Kourtoglou / Reuters
The Statistical Office of the European Union (Eurostat) has published data on the number of foreigners who received European citizenship in 2017 - this is about 825 thousand people. In 2016, this figure was 995 thousand people, in 2017 - 841 thousand
The most numerous group, which was given passports of the EU member countries, were Moroccans - almost 68 thousand people, 83% of them received citizenship of Italy, Spain and France. Albanians follow (almost 59 thousand, 97% of them received passports of Italy and Greece) and Indians (31.6 thousand people, 53% became citizens of Great Britain).
Then come the Turks (almost 30 thousand people, more than 50% received German passports), Romanians (25 thousand, of whom 32% decided to obtain another EU citizenship, in particular Italian), Pakistanis (23.1 thousand, 45% became citizens of Britain), Poles (22 thousand, 63% received another EU citizenship - British and German) and Brazilians (21.6 thousand, 74% of them received passports of Portugal and Italy).
Most of the passports for foreigners were issued in Italy (146.6 thousand), then in Britain (123.1 thousand), Germany (115.4 thousand) and France (114.2 thousand). In 2017, over 5.5 thousand people received Cyprus citizenship, of which 23.8% (1313 people) were Russians, 9.1% (502 people) were British, and 8.7% (479 people) were Ukrainians.
In February 2019, the Cypriot parliament voted for a bill to toughen the issuance of so-called gold passports to investors, which, like a residence permit, can be obtained in exchange for investment in the economy of the republic. It will take effect from January 31, 2020.
In the same month, the Cyprus authorities tightened the conditions of the program for issuing citizenship for investments, now investors need to make an additional contribution of € 150 thousand. Since 2013, 1864 applications have been approved for this program, not counting the applicants' family members, the total investment amounted to € 6.6 billion
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