Thursday, 22 April 2021
No Result
View All Result
eudebates.tv
  • EU Policies
  • World
  • Special Debates
  • Events
  • Vote & Polls
eudebates.tv
No Result
View All Result
Home Debates EU Policies Justice - Citizens’ Rights

Cyprus suspends EU ‘Golden Passports’ VISA investment scheme

EUdebates Team by EUdebates Team
14/10/2020
in Justice - Citizens’ Rights
Reading Time: 4 mins read
0
European passport

© European Union

18
SHARES
182
VIEWS
Share on FacebookShare on Twitter

Join EU debates

EU serious and organised crime threat assessment (SOCTA) 2021

Hungarian authorities break up EUR 8 mln VAT fraud scheme

Billions without clean water and sanitation a ‘moral failure’

EU refers Poland to the European Court to protect Justice independence

Cyprus suspends VISA investment scheme with “Golden passports” following investigative journalists videos. An investigation by Al Jazeera presents that high-ranking politicians are ready to offer Golden Passports to convicted criminals.

Cypriot politicians promised to support the sale of a Cypriot passport to a Chinese businessman. The Golden Passports EU citizenship-through-investment scheme has been in operation in its current form since 2013. This VISA law gave the option to foreign individuals to invest €2.5m in Cyprus and gain as “gift” the EU citizenship.

The Twitter account of the presidency of Cyprus announced that the scheme in its current form would be abolished, citing abuse of the scheme’s provisions as well as historic weaknesses.

European Commission warned several times Member States to investigate these investments which give “Golden Passports” to foreigners. EU Commission warned that the program could be used for tax evasion and money-laundering. Cyprus, Greece, Malta and Bulgaria offer similar programs.

EU Values are not for sale!

State of the Union 2020

I am proud to live in Europe, in this open society of values and diversity.

Ursula von der Leyen, President of the European Commission

European values are not for sale. These values are more important than ever. I say that because when I think about the state of our Union, I am reminded of the words of John Hume – one of the great Europeans who sadly passed away this year.

If so many people live in peace today on the island of Ireland, it is in large part because of his unwavering belief in humanity and conflict resolution.

John Hume

The Golden Visa – EU Passports Ultimate Guide

What is a Golden Visa?

A Golden Visa is an immigration scheme offering investors and their families the opportunity to become residents of a specific country in exchange for a subsequential economic investment. These immigration schemes are very successful and offer several investment routes at different prices. Whether you are looking to invest in real estate, government bonds, new businesses, or private equity funds among others, there are plenty of options available for your budget.

Golden Passports – Visa Residency in Europe

Some of the best Golden Visa programs in Europe are the Golden Visa Portugal, Golden Visa Spain, Golden Visa Malta and Golden Visa Cyprus. In Europe, several countries offer this visa option to non-European citizens such as Portugal, Spain, Malta, Greece and Cyprus. Portugal, for example, has one of the world’s most successful Golden Visa programs, and since 2012, 9,015 investors and 15,431 family members have benefited from the Portugal Golden Visa.

Golden Visa – Golden Passports prices vary from country to country. In Portugal for example the Golden Visa’s investment is worth at least €280,000. In Spain the Golden Passports price starts from €500,000.

Share this debate with your friends!
Follow #eudebates on Google News and on Facebook
Tags: BulgariaCorruptionCyprusEU citizensEU CitizenshipEuropean ValuesGreeceInvestmentMALTAMediaMONEYMoney LaunderingPortugalPresident of the European CommissionSpainTelevisionthe future of the European UnionUrsula von der Leyenvisa
Share7Tweet5

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related EU debates

Europol building
Justice - Citizens’ Rights

EU serious and organised crime threat assessment (SOCTA) 2021

12/04/2021
Europol supported the investigation on VAT fraud
Justice - Citizens’ Rights

Hungarian authorities break up EUR 8 mln VAT fraud scheme

07/04/2021
A young Yemeni fetches water at a makeshift camp
Justice - Citizens’ Rights

Billions without clean water and sanitation a ‘moral failure’

01/04/2021
Didier Reynders Commissioner for Justice
Justice - Citizens’ Rights

EU refers Poland to the European Court to protect Justice independence

31/03/2021
Janez Janša, Slovenian Prime Minister
Justice - Citizens’ Rights

EU debates Media freedom in Slovenia with Slovenian PM Janez Janša

31/03/2021
What are European Union values?
Justice - Citizens’ Rights

What are European Union values?

29/03/2021

Leave a Reply Cancel reply

Your email address will not be published.

Maroš Šefčovič, Vice-President of the European Commission in charge of Interinstitutional relations and Foresight

Šefčovič hold ‘productive’ talks with Lord Frost on Northern Ireland crisis

19/04/2021
Mr Charles MICHEL, President of the European Council; Mr Volodymyr ZELENSKYY, President of Ukraine

President Michel promises support to Ukraine President Zelenskyy

16/04/2021
small-baby mother newborn

Health: Keep mothers and newborns together

16/04/2021
Halloumi cheese from Cyprus

Halloumi Cyprus cheese joins EU PDO – Protected designation of origin

12/04/2021
Europol building

EU serious and organised crime threat assessment (SOCTA) 2021

12/04/2021
eye-controls AI Artificial Intelligence Technology

AI technologies must prevent discrimination and protect diversity

11/04/2021
  • Nigel Farage

    EU nasty and vindictive? Nigel Farage criticizes EU vaccines strategy

    78 shares
    Share 31 Tweet 20
  • EU: AstraZeneca logic can only work at the neighbourhood butchers

    54 shares
    Share 22 Tweet 14
  • EU Health Emergency Preparedness and Response Authority (HERA)

    50 shares
    Share 20 Tweet 13
  • Why don’t we print money for Corona Crisis?

    113 shares
    Share 114 Tweet 72
  • After Brexit will the UK lose the Falkland Islands?

    42 shares
    Share 17 Tweet 11

Join eudebates newsletter!

Enter your email to receive our newsletter.

Don't worry, we don't spam
eudebates.tv

Welcome to eudebates.tv the unique european initiative to promote debate, dialogue and communication among citizens for a better Europe.

Follow us on social media:

Recent News

  • Šefčovič hold ‘productive’ talks with Lord Frost on Northern Ireland crisis
  • President Michel promises support to Ukraine President Zelenskyy
  • Health: Keep mothers and newborns together
  • Halloumi Cyprus cheese joins EU PDO – Protected designation of origin
  • EU serious and organised crime threat assessment (SOCTA) 2021

Newsletter

Join eudebates newsletter!

Enter your email to receive our newsletter.

Don't worry, we don't spam
Maroš Šefčovič, Vice-President of the European Commission in charge of Interinstitutional relations and Foresight

Šefčovič hold ‘productive’ talks with Lord Frost on Northern Ireland crisis

19/04/2021
Mr Charles MICHEL, President of the European Council; Mr Volodymyr ZELENSKYY, President of Ukraine

President Michel promises support to Ukraine President Zelenskyy

16/04/2021
small-baby mother newborn

Health: Keep mothers and newborns together

16/04/2021
  • Home
  • EU Policies
  • Special Debates
  • Events
  • Vote & Polls
  • Video

© 2021 eudebates - EU debates, dialogue, communication for a better Europe - Privacy Policy.

No Result
View All Result
  • EU Policies
  • World
  • Special Debates
  • Events
  • Vote & Polls

© 2021 eudebates - EU debates, dialogue, communication for a better Europe - Privacy Policy.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In