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Republic of Cyprus to revoke seven passports granted through the Cyprus Investment Program

31/08/2022 13:35

The Republic of Cyprus will revoke seven passports that were granted through the Cyprus Investment Program, following a decision by the Cabinet, Minister of Interior, Nicos Nouris, announced on Wednesday.

Speaking after today’s meeting, Nouris said that the passports were granted to four investors and three of their family members. He explained that the Cabinet’s decision is based on the findings of the Inquiry Committee, the sanctions imposed by the EU and the current legislative framework.