Cypriots passports become attractive due to the pandemic. The french edition "Le Monde" has published an article about high demand of Cypriot passport among wealthy people whose countries of origin have a poor epidemiological profile because of the COVID-19.
Around the world, there are still situations where the coronavirus pandemic has failed to cross borders. And as with any financial crisis, when a thriving business opportunity arises, many people from their passports at a high price from rich people, as reported by Le Monde.
Cyprus - is very popular destination.
Cyprus is very popular: 1.2 million people live on the Mediterranean island, with 1000 cases of infection. To obtain a Cypriot passport, it will cost 2 million euros in real estate investments. That of Vanuatu is simpler and less expensive to obtain. A check for 130.000 euros is required. The passport will then delivered in just one month.
At the same low level of infection are the following islands: the island states of Vanuatu and Santa Lucia. But the most popular destination and more advantages of the passport owned is Cyprus.
Before COVID-19, the US passport allowed to travel to many counties around the world. US nationals are no longer welcome due to the state of health in their territory. In contrast, Australia, where the number of infections is low, do the opposite.
Source: economytoday.sigmalive