Cabinet approves revised scheme for citizenship to non-Cypriot investors

The Council of Ministers approved on Tuesday the revised scheme for granting Cypriot citizenship to non-Cypriot entrepreneurs/ investors.

In statements to the press on Wednesday, Minister of Finance Harris Georgiades noted that the revision of the scheme aims to encourage real investments that would benefit the economy.

The government, he said, wants to attract investors who will chose Cyprus as their basis of residence and economic activity.

Source: Cyprus News Agency.