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ARTICLE · 19 MARCH 2020

Amendments To The Cyprus Citizenship Programme

Harris Kyriakides
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Persons having a prominent public function.

CyprusCorporate/Commercial Law
Harris Kyriakides
Harris Kyriakides

On 25 July 2019 the Council of Ministers has decided a number of amendments to the Cyprus Citizenship Programme, which aims to exclude politically exposed persons from the right to apply for the acquisition of the Cyprus citizenship.

The decision was taken due to an increasing demand to protect the country against high-risk individuals and has been published in the Official Gazette and brought into effect as of 23 August 2019.

A politically exposed person (PEP) includes the following categories of individuals:

  • Persons having a prominent public function.
  • Persons who have had a prominent public function the last five years.
  • Persons subject to criminal investigation without having been accused.

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