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Changes in Cyprus Investment Program

From 1st of November 2016 changes came into action that will facilitate attainment of Cypriot citizenship through investment.  The main change is that the amount of minimum investment went down from 2,5 million euro to 2 million euro of pure investment without donation. Also there is now abolishment of collective investment, possibility for parents of the applicant to receive citizenship if they buy property that costs 500,000 euro.