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“Hot” money in excess of €2, 5 billion flowed in state funds until today of the naturalization programs which are implemented by 2013.
According to the government programmes, the state provides Cypriot citizenship to foreign and big investors when they have deposited in the banks deposits of €5 million, buying stocks and bonds or buying real estate by € 300,000 after ensuring they have income in abroad and they do not work in the island.
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