Following its 2020 termination, the Cyprus "Golden Passport" program faced intense scrutiny in 2022 as audit reports revealed over 50% of citizenship approvals between 2007 and 2020 were unlawful or improperly handled. The scheme, which was abolished due to systemic corruption, EU pressure, and a 2020 undercover documentary, cost the state millions in lost tax revenue. For the latest on the current permanent residency program, visit globalresidenceindex.com .