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Cyprus Investment Program
The Cyprus Investment Program (CIP) (Greek: Κυπριακό Επενδυτικό Πρόγραμμα, ΚΕΠ) was an immigrant investor program conceived by the Government of Cyprus in order to attract foreign investors in exchange for Cyprus citizenship. Details of the scheme were made public after a leak of documents, the Cyprus Papers, to Al Jazeera which caused a controversy in Cyprus and led to the end of the program. The program was initiated in 2007. From 2007 to November 1, 2020 just over 7,000 people received Cypriot citizenship. The minimum investment was 2 million euros and citizenship was extended to the family of the investor as well. In 2013, the required minimum investment for citizenship was lowered from 25 million in 2007 to 2,5 million. Applicants did not need to physically stay in Cyprus or pass a langugage test to acquire citizenship. One of the reasons for citizenship by investment is tax evasion and visa free travel. An independent inquiry committee later f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Greek Language
Greek ( el, label=Modern Greek, Ελληνικά, Elliniká, ; grc, Ἑλληνική, Hellēnikḗ) is an independent branch of the Indo-European family of languages, native to Greece, Cyprus, southern Italy (Calabria and Salento), southern Albania, and other regions of the Balkans, the Black Sea coast, Asia Minor, and the Eastern Mediterranean. It has the longest documented history of any Indo-European language, spanning at least 3,400 years of written records. Its writing system is the Greek alphabet, which has been used for approximately 2,800 years; previously, Greek was recorded in writing systems such as Linear B and the Cypriot syllabary. The alphabet arose from the Phoenician script and was in turn the basis of the Latin, Cyrillic, Armenian, Coptic, Gothic, and many other writing systems. The Greek language holds a very important place in the history of the Western world. Beginning with the epics of Homer, ancient Greek literature includes many works of lasting impo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Immigrant Investor Programs
Immigrant investor programs are programs that allow individuals to more quickly obtain residence or citizenship of a country in return for making qualifying investments. Broadly, the programs offer either citizenship by investment ("golden passport" or "cash-for-passports"), residence by investment ("golden visa") or a hybrid with immediate residence followed by accelerated citizenship. Program applicants must usually fulfill multiple qualification criteria. Investment can take a variety of forms including a contribution to government funds; purchase of qualifying real estate (e.g. specific government-sanctioned projects); investment in a qualifying business (e.g. a specific industry); or creation of a set number of jobs. A growing number of countries offer immigrant investor programs, with approximately one quarter of all countries issuing such visas as of 2015. There are few statistics on the number of people pursuing these programs in aggregate. Citizenship by investment p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus
Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geographically in Western Asia, its cultural ties and geopolitics are overwhelmingly Southern European. Cyprus is the third-largest and third-most populous island in the Mediterranean. It is located north of Egypt, east of Greece, south of Turkey, and west of Lebanon and Syria. Its capital and largest city is Nicosia. The northeast portion of the island is ''de facto'' governed by the self-declared Turkish Republic of Northern Cyprus, which was established after the 1974 invasion and which is recognised as a country only by Turkey. The earliest known human activity on the island dates to around the 10th millennium BC. Archaeological remains include the well-preserved ruins from the Hellenistic period such as Salamis and Kourion, and Cypr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cypriot Passport
Cypriot passports are issued to citizens of Cyprus. Every Cypriot citizen is also a Commonwealth citizen and a citizen of the European Union. The Cypriot passport, along with the Cypriot identity card, allows for free rights of movement and residence in any of the states of the European Union, European Economic Area, and Switzerland. Cypriot citizens had visa-free or visa on arrival access to 174 countries and territories, ranking the Cypriot passport 16th in terms of travel freedom according to the Henley Passport Index. Cypriot citizens can live and work in any country within the EU as a result of the right of free movement and residence granted in Article 21 of the EU Treaty. The Republic of Cyprus was formed in 1960. All persons who were citizens of the Republic of Cyprus at this time are entitled to renew their citizenship and passport, whether living on the island or abroad within the diaspora. Their descendants, whether living on the island or abroad, are equally entitled ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cyprus Papers
The Cyprus Papers was a leak of government documents related to the Cyprus Investment Program (CIP) obtained by Al Jazeera and released in August 2020. The CIP allows non-citizens to apply and obtain a Cypriot passport by investing at least 2 million Euros in Cyprus. The passports obtained through the CIP are nicknamed "Golden Passports". Al Jazeera conducted an investigation based on the leaked papers and allegedly found that the Republic of Cyprus provided citizenship through the CIP to several people linked to crime and corruption. On the 12th of October 2020, Al Jazeera released a video of an under-cover investigation related to the Cyprus Papers. In the video, Al Jazeera reveals how Cypriot lawyers, business people and top-tier politicians are willing to aid and abet convicted criminals to obtain Cypriot citizenship, granting the criminals access to the European Union's internal markets and visa-free travel. People appeared in the video included, among others, Cyprus Speaker o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Jazeera Media Network
Al Jazeera Media Network (AJMN) (Arabic: الجزيرة, romanized: al-jazīrah, IPA: l (d)ʒæˈziːrɐ , referring to the Qatar Peninsula) is a Qatari international state-owned public media conglomerate headquartered at Qatar Radio and Television Corporation Complex in Wadi Al Sail, Doha. It is the parent company of International Arabic news channel Al Jazeera and other similarly branded factual media operations. Initially launched as an Arabic news and current affairs satellite TV channel, it has since expanded into a network with several outlets, including the internet and specialty television channels in multiple languages and beyond. The chairman is Sheikh Hamad bin Thamer Al Thani. The acting director general is Mostefa Souag. The organisation is a " private foundation for public benefit" under Qatari law.SeLaw No 10 of 2011 on the Conversion of Al Jazeera Satellite Network to a Private Corporation for the Public Benefitpromulgated in accordance with provisions oDe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Council Of Ministers (Cyprus)
The Council of Ministers is the executive branch of the Cypriot government, consisting of ministers. The council is chaired by the President of Cyprus and the ministers head executive departments of the government. The President and his ministers administer the government and the various public services A public service is any Service (economics), service intended to address specific needs pertaining to the aggregate members of a community. Public services are available to people within a government jurisdiction as provided directly through pub .... Current Council National cabinets {{Cyprus-poli-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gentrification
Gentrification is the process of changing the character of a neighborhood through the influx of more Wealth, affluent residents and businesses. It is a common and controversial topic in urban politics and urban planning, planning. Gentrification often increases the Value (economics), economic value of a neighborhood, but the resulting Demography, demographic displacement may itself become a major social issue. Gentrification often sees a shift in a neighborhood's racial or ethnic composition and average Disposable household and per capita income, household income as housing and businesses become more expensive and resources that had not been previously accessible are extended and improved. The gentrification process is typically the result of increasing attraction to an area by people with higher incomes spilling over from neighboring cities, towns, or neighborhoods. Further steps are increased Socially responsible investing, investments in a community and the related infrastruct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Invasion Of Ukraine
On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An estimated 8 million Ukrainians were displaced within their country by late May and 7.8 million fled the country by 8 November 2022, while Russia, within five weeks of the invasion, experienced its greatest emigration since the 1917 October Revolution. Following the 2014 Ukrainian Revolution, Russia annexed Crimea, and Russian-backed paramilitaries seized part of the Donbas region of south-eastern Ukraine, which consists of Luhansk and Donetsk oblasts, sparking a regional war. In March 2021, Russia began a large military build-up along its border with Ukraine, eventually amassing up to 190,000 troops and their equipment. Despite the build-up, denials of plans to invade or attack Ukraine were issued by various Russian gover ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business In Cyprus
Business is the practice of making one's living or making money by producing or buying and selling products (such as goods and services). It is also "any activity or enterprise entered into for profit." Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. If the business acquires debts, the creditors can go after the owner's personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative. Corporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. A corporation is more complicated and e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
