More Rich Brits Want Cyprus Golden Visas, EU Passports

September 27, 2020

NICOSIA – As the United Kingdom is set to leave the European Union by the end of the year, wealthy British investors and entrepreneurs are lining up to buy Cypriot Golden Visas that come with residency permits and valuable EU passports.

That comes as the European Commission is looking into curbing the practice that has seen the visas in a number of countries, particularly Cyprus, not properly vetted to find criminals and money launderers.

Investors can buy Cypriot visas in two months with a 300,000-euro ($348,945) property purchase while security citizenship outright as a foreigner with no heritage or ties to the country can be done in six months with a minimum 2-million euro ($2.33 million) property purchase.

Meanwhile, those in the Diaspora of Cypriot heritage have to go through normal procedures and wait.

In December, Reuters reported that Cyprus government documents showed several donors to Britain’s ruling Conservative Party donors sought citizenship of the island since the 2016 Brexit referendum was passed.

“Both Cypriot and Caribbean investments are proving very popular … primarily driven by high-net-worth individuals from the UK who have an eye on the future and life after Brexit,” said investment immigration firm Astons spokesman Konstantin Kaminskiy, the news agency also reported.


NICOSIA — Cyprus has assisted in rescue of a small wooden boat crammed with more than 300 migrants that was floating adrift 203 kilometers (126 miles) west of the island nation, a Cypriot official said Tuesday.

Top Stories


A pregnant woman was driving in the HOV lane near Dallas.

General News

FALMOUTH, MA – The police in Falmouth have identified the victim in an accident involving a car plunging into the ocean on February 20, NBC10 Boston reported.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.


Bam! NASA Spacecraft Crashes Into Asteroid in Defense Test

CAPE CANAVERAL, Fla. — A NASA spacecraft rammed an asteroid at blistering speed Monday in an unprecedented dress rehearsal for the day a killer rock menaces Earth.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. abc@xyz.com

You may unsubscribe at any time using the link in our newsletter.