On the evening of the 24th of April, Worldway Group President Dr. Winner Xing had dinner with the President of the House of Representatives of Cyprus, Mr. OMIROU L. Yiannakis, an old friend of Worldway Group. During the dinner, both parties reviewed their meeting in August 2012. It was after that meeting that the President listened to the opinions of the Worldway Group President and urged the Ministry of Interior to expedite the approval of the permanent residency program, leading to the introduction of the new policy on the 23rd of August, which greatly promoted the development of the Cyprus permanent residency program.
During this meeting, the President of Worldway Group proposed to the President regarding the amendment to the citizenship by investment program introduced on the 19th of March in Cyprus: to extend the preferential investment policy expiring on the 1st of June by three months, with the deadline based on the completion of the investment rather than the submission of all application documents.
The President agreed with the opinion of the Worldway Group President and will urge the Ministry of Interior to adjust the preferential policies.
