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Thursday
21
Nov 2024
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Russians are reportedly buying as many as 4 apartments at once in Turkey to earn “golden passports”

Investors - including wealthy Russians looking to escape sanctions - can then earn a Turkish passport in as little as three months

Cyprus revokes “Golden Passports” from 26 wealthy foreign investors

The European Union says that many such passport schemes may mask fraud

Cyprus “golden passports” to be revoked if wrongdoing found

Nearly 4000 passports have been issued to investors since the program was launched following a 2013 financial crisis