The Council of Ministers, as a part of its policies aiming to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus, on the 13th of September 2016, revised the “Cyprus Investment Programme” and, thus, established the new criteria and terms based on which non–Cypriot entrepreneurs/ investors and members of their families may submit applications in accordance with the provisions of the “Programme” (for more info: http://mouktaroudes.com/naturalisation-investors-exception/ ).

Moreover, the Council of Ministers, as a part of its efforts for the further improvement of the “Cyprus Investment Programme”, on the 9.1.2018 and 21.5.2018, decided the establishment of the Committee for Supervision and Control as well as of the “Registry of Service Providers for the Cyprus Investment Programme.” According to these resolutions, from the 1.8.2018 and onwards, applications for naturalisation by exception will only be able to be submitted by Service Providers that are included in the «Registry» on the basis of an improved procedure. Information concerning the terms and conditions and the application are located on the website of the Committee for Supervision and Control (http://cipregistry.mof.gov.cy/en/ ). Furthermore, the “Registry” is posted on the website of the Committee for Supervision and Control.

N. Mouktaroudes & Associates LLC has been granted a license to prepare and submit applications and thus it is included in the said Registry, bearing registration number (CIP) 278.