Buying real estate worth at least €2,000,000 will get foreigners citizenship in Cyprus. An EU passport allows visa-free travel in over 140 countries. The Republic of Cyprus’ naturalization policies are controversial.
The EU says member states need to keep an eye on the number of citizenships they hand out in exchange for investment. Justice Commissioner Vera Jourova has warned that citizenships for sale represent a security threat.
As EU energy policy and its wider strategy vis-a-vis Russia come under the spotlight, some smaller EU members are taking energy policy into their own hands. Sofia's aim of buying Israeli gas could be a case in point.
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