3 ms·
Well, the article says it's unknown why, but even speculating what nefarious things could you do with it? Cyprus is part of the EU.
by magicalist 6y ago
Well, the article says it's unknown why, but even speculating what nefarious things could you do with it? Cyprus is part of the EU.
- thisisnico 6y agoThis is the real problem. The EU shouldn't allow sale of citizenship in host countries, essentially paying a way to get into the EU. I highly doubt that would be possible to enforce though.
- kyriakos 6y agoThe Cyprus passport scheme has ended this month, only applications submitted before the end of October are considered. The same I believe applies to Malta which had a similar scheme.
- kazen44 6y agoit is a hotly debated topic in the EU and seems to be up for removal in the current years, especially in the current political climate.
- esarbe 6y agoYeah, it's a real mystery. https://www.globalcitizensolutions.com/cyprus-tax-for-non-residents/ https://www.globalcitizensolutions.com/cyprus-tax-for-non-re...
- ryanlol 6y agoThis scheme does not work for US citizens. He would have to pay a significant exit tax to give up his US citizenship.