Citizenship by investment scheme not to be revived, other incentives will be offered, Cyprus President says

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Cyprus’ citizenship by investment scheme will not be revived but other incentives will be given to attract investments, excluding citizenship, the President of Cyprus Nicos Anastasiades said on Tuesday. In statements to the media, following a 3 hour long testimony before the committee of inquiry looking into the citizenship by investment scheme, in Nicosia, the President said that he would focus on dealing with problems the country is facing. He also said that there are no tough questions when the reply …

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