Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
World
Al Jazeera Investigative Unit

Who are the super rich who buy a new nationality?

Who are the super rich who buy a new nationality?

Al Jazeera's Investigative Unit has obtained a leak of documents revealing that more than 2,500 people paid to become Cypriot citizens between 2017 and 2019.

With applicants from more than 70 different nations, each required to make an investment of 2.15 million euros ($2.5m) to qualify, Cyprus's citizenship-by-investment programme reveals how the passports of a small EU nation have become a commodity for the global super-rich.

Among the names in the Cyprus Papers, the Investigative Unit has identified convicted criminals, wanted men and political figures regarded as a high-risk for dirty money.

In July 2020, Cyprus introduced laws to strip citizenship from those who made false representations to get it or who committed crimes since. But should they apply to the more than 60 high-risk people identified by the Investigative Unit?

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.