Cyprus cancelled the program of "gold passports"

Cyprus cancels the program of granting so-called "gold passports" — nationality in exchange for investments in national economy. In the cabinet emphasized that the relevant decision was made because of "long-term shortcomings", and also abuses of provisions of the program. The program will be suspended since November 1. All applications submitted at present (according to the Politis edition, their about 700), and applications which will be submitted until the end of a month, can be approved...