Date: 5 months ago   Category: Markets

Russians have hurried to buy nationality in the EU


For the first nine months 2018 demand for acquisition of the real estate in Cyprus and Malta for the sake of nationality has grown among Russians by 40 percent in comparison with the same period of last year. RIA Novosti with reference to the press service of Knight Frank reports about it. It is specified that it is about purchase of both the inhabited, and commercial real estate. According to informal data, have noted in the company, at the moment more than 1,6 thousand applications from 1,8 thousand possible are submitted for the passport program of Malta started since 2014. At the same time the program is calculated on ten years. For the first seven months of this year a half of buyers of the real estate in Cyprus was made by foreigners. In total 5,4 thousand real estate objects have been sold. It is 25,5 percent more, than for the same period of last year. Earlier the European Commissioner for justice Vera Yurova on behalf of the European Commission called EU countries (first of all Cyprus and Malta) to limit providing nationality to people for investments. Europassports distinguish citizens of China, Russia and the former Soviet republics from persons interested to receive thus. At the same time free movement of similar new citizens across the EU can be a problem. The commissioner has emphasized that it is necessary to take additional measures not to let people, "who threaten safety of Europe or want to launder the money". It is more than important news in Film of Day Telegram-channel. Subscribe!

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