Cyprus is the third largest and third most populous island in the Mediterranean, and a member state of the European Union. Cyprus enjoys a warm Mediterranean climate and the currency is Euro. The economy of Cyprus is classified by the World Bank as a high-income economy rated as B+ by S&P. Cyprus is the hub of energy, shipping and an international tourist destination.
Cyprus first launched citizenship by investment scheme in 2007, it was only in 2015, the scheme got popular when the investment was reduced to EUR 2 million.
Content Source/Credit: Best Citizenships (BC)