Cypriots Furious Over Allegations of Corruption

6 days ago Greek Reporter GreekReporter Warm

Cypriots Furious Over Allegations of Corruption

Anti-corruption demonstration in Cyprus. Credit: AS Gregoriades/Twitter

After Al Jazeera exposed a corruption scheme in Cyprus, in which members of Parliament, including its Speaker, along with lawyers and real estate developers, conspired to sell Golden Visas to convicted criminals.

Cyprus’ Golden Visa program allows investors who spend over 2 million euros (over $2.3 million) on property investments in the country to gain citizenship, and those who spend 300,000 euros (about $352,678) to gain permanent residence.

This makes the Cypriot Golden Visa Program one of the fastest and...

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Cypriots Furious Over Allegations of Corruption

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