According to the survey among Russian nationals with a fortune of at least $ 1 million the businessmen with a capital of more than $ 30 million preferred Cyprus as a tax jurisdiction.

On 24th of February 2020 the Cyprus Securities and Exchange Commission (CySEC) registered the Administrative Services Providers (ASP) license №207/169 of the Main Partner Trust.

Ursula von der Leyen, the President of the European Commission, stated that the Schengen area travel ban would last 30 days, with a possible extension if necessary.

The international consulting company Knight Frank revealed in The Wealth Report 2019 the investment preferences of millionaires whose net assets exceed $ 30 million annually.

The Russian news agency Kommersant published an article regarding Cypriot passports, which states that “Cyprus has stopped issuing new passports, in particular, to those who applied for them after January 31, 2020”.