Cyprus just shut down a program providing passports to anyone with a spare $2 million amid scandal
A street in Limasson, Cyprus.
Getty/Kirillm
The world's wealthiest have snapping up secondary passports amid the coronavirus pandemic through citizenship by investment programs, which fittingly provide citizenship in exchange for an investment — sometimes upward of $2 million — usually in the form of real estate.
While there are a number of programs across the globe, interest has particularly surged in Cyprus and Montenegro, mostly due to their European access. The Cypriot program,
Read more »