🌍 New events 2026: trips, seminars & workshops on Plan B, emigration & tax. Book now! 🚀

Insights · Citizenship by Investment Revoked

Citizenship by Investment Revoked

332 people lost the citizenship they bought. Here is what you must learn from it.

Imagine you have invested a substantial sum.

Your naturalisation has been approved. Your new passport lies in front of you. You are proud to have given your life and your family an additional country to belong to.

And years later, a letter arrives.

Your naturalisation is under review.

Perhaps it will even be revoked.

In Cyprus, that is exactly what happened to hundreds of people.

This case shows why the quality of a citizenship programme is decisive, and why careful vetting starts before you even apply.

The short answer

naturalisation needs a strong legal foundation

By September 2025, Cyprus had revoked a total of 332 citizenships acquired by investment.

Those affected were:

  • 95 investors
  • 237 family members

Further cases are under review.

By then, the original investor programme had already closed.

Even after a programme closes, earlier naturalisations can be reviewed in law.

For anyone who wants to acquire a second citizenship today, there is an important lesson in this.

What matters is that the process is thoroughly vetted, the legal requirements are met and the source of the invested wealth is well documented.

After all, you want a citizenship you can rely on for the long term.

Warum Zypern 8 gekaufte Staatsbürgerschaften annulliert hat

Cyprus: how a coveted investor passport became a political problem

For years, Cyprus granted citizenship by investment.

The programme came under growing criticism and was eventually shut down.

An intensive review of earlier naturalisations followed.

By September 2025, the government had stripped 332 people of the citizenship they had acquired this way.

They included 95 investors and 237 family members who had applied with them.

In 112 cases, the process has already been fully completed.

The passports and identity cards concerned were confiscated.

Further cases are still under review.

At the same time, proceedings are under way against a former minister. The political and legal reckoning reaches right into the government that originally ran the programme.

A citizenship once meant as lasting security became, for the families affected, the subject of state proceedings itself.

Why a programme far away affects your own future

Perhaps Cyprus does not interest you at all.

Perhaps you are thinking more of Sierra Leone, Dominica, Antigua and Barbuda or São Tomé and Príncipe.

You should still know the story.

Because it shows that proof of citizenship, once granted, is the result of a legal process.

If the requirements for naturalisation were not met, it may be possible to revoke it under the applicable law.

The vast majority of citizenships granted under the Cypriot programme were left untouched.

But the cases where citizenship was revoked show how much the quality of the original vetting process matters.

If you acquire a second passport for your personal freedom and your family's future, you want a legal position that holds.

That is exactly why careful vetting is so valuable.

Thorough vetting protects the value of your second citizenship

A professional naturalisation process asks for documents.

It checks your identity, your personal history and the source of your funds.

It takes time.

That may seem like a lot of effort at first.

But this very care is part of what you want to acquire: a citizenship that stands up in law.

If a process works with hardly any checks, there is a risk that important requirements are overlooked.

And if authorities or courts later investigate earlier naturalisations, those very omissions can become decisive.

That is why the legal quality of the programme should come before speed and before price.

Four warning signs to spot before you invest

  • The whole offer revolves around speed. If naturalisation is promised within a few weeks, ask exactly which checks actually take place in that time.
  • Nobody tells you the legal basis. You should know which law and which regulation your naturalisation rests on, and under what conditions it could later be revoked.
  • The costs are unclear. If the amounts quoted keep changing or depend on who you talk to, be especially careful. Anyone who is vague about costs deserves closer questions about the legal requirements too.
  • Nobody cares where your wealth comes from. A careful check of the source of funds is part of a sound process. If it is missing at the start, the question can become serious later in proceedings by the authorities.

Your goal is a lasting second citizenship. So the route there has to be convincing from the start.

Which citizenship programme deserves your trust?

For the five Caribbean citizenship programmes, the European Commission's call for these programmes to be phased out is part of the political backdrop you should know about.

With Vanuatu, too, the practical acceptance by banks has to be taken into account, even if the programme can be attractive because of its speed.

These factors belong in a well-founded decision.

Because a passport is only part of what you receive as a new citizen.

Its legal basis, the long-term stability of the programme and how usable the document is in practice matter too.

The programme pages for Dominica, Sierra Leone, Vanuatu, Antigua and Barbuda and São Tomé and Príncipe show you different routes to a second citizenship.

The most valuable second passport is the one whose legal basis fits your long-term security.

Why the right decision today can shape your future for decades

You acquire a second citizenship for a long time.

Perhaps one day it will open up additional options for your children too.

Perhaps you want it to secure an international plan for your life.

Or you want to avoid your entire freedom to travel depending on a single state.

Then this decision deserves the same care as any other major decision about your wealth.

A thorough programme, clear legal requirements and a properly prepared application are the foundation for it.

For German, Austrian and Swiss citizens

Germany: an additional citizenship is possible today

Since 27 June 2024, multiple citizenship has been the rule.

You can in principle acquire a foreign citizenship without automatically losing your German one.

Austria: the legal check must start before you acquire it

Under § 27 of the Austrian Citizenship Act (Staatsbürgerschaftsgesetz), voluntarily acquiring a foreign citizenship can mean automatically losing Austrian citizenship.

Any permit under § 28 must be granted and final beforehand.

Switzerland: a free choice of an additional citizenship

Switzerland has allowed multiple citizenship without restriction since 1 January 1992.

The Swiss can therefore in principle acquire an additional citizenship by investment.

You are investing in something that should give you and your family freedom for many years. So let's choose the state and the process whose legal basis you can trust for the long term. In a personal consultation, we will discuss which second passport fits your goals.

Book a consultation

Your second passport begins with a decision.

You have worked hard to build a life full of possibilities. Now it is about expanding them, for you and for your family. Talk to Daniel Taborek about your budget, your family and the route to your second citizenship. Find out which passport should enrich your future.

Book a consultation