On 13 September 2016, the Cyprus Government approved the new Scheme for the Naturalisation of Investors in Cyprus by Exception. The said scheme is based on subsection (2) in section 111A...

Some buy gold as a luxury good, in the form of jewellery, and some use it for investment, or both.

A successful application for the Cyprus Citizenship means that the applicant can enjoy all free movement benefits that apply to all European Union Citizens.