Affluent Russians flew with private jets to Cyprus during COVID-19 lockdown
With the money to do it, wealthy Russians who wanted to get
out of their hard-hit country during the still ongoing COVID-19 pandemic took
private jets to Cyprus, which had a better record dealing with the health
crisis and has a heavy Russian influence.
Some private jet companies told the news agency Reuters they
had seen demand from Russia's rich who wanted to be on the island but couldn't
take commercial flights with international air traffic curtailed.
Passengers have been heading for countries such as Britain
and Cyprus, where they own property, have residency rights, sometimes thanks to
having dual nationality, or have close relatives, industry sources not named
told the news agency.
Cyprus will not reveal the names of rich foreigners who buy
Golden Visas giving them residency permits and European Union passports but the
majority are Chinese and Russian.
Since 2013, Cyprus has sold passports to approximately 4,000
foreign nationals, raising more than seven billion euros, according to a recent
report by anti-corruption NGO Global Witness.
The European Union has criticized the Golden Visa program
for letting people pay their way into the bloc with inadequate vetting and
little transparency.
The Council of Europe’s anti-money laundering agency,
Moneyval, has called Cyprus’s program “inherently vulnerable to abuse.”Cyprus grants
citizenship to almost anyone who has a clean criminal record and big money to
invest. Between January 2013 and August 2019, only 56 of 2,700 applicants were
rejected, according to official data cited by the news website Kathimerini.
The Russians allowed to jet in on private flights while
others were barred because commercial flights weren't allowed when the airport
was shut paid between 16,000-25,000 euros ($17,768-$27,762) per flight, enough
to otherwise pay for 13 private passengers, Reuters said.Jet Partners, which
offers private jet flights, said it had an increase in requests for
destinations in France, Spain, Cyprus, Britain and other European
countries.“People believe that it is safer for them to be at their private
residences abroad,” said Margarita Lomakina, the company’s Commercial Director,
a luxury afforded the rich who can get around lockdown rules anywhere.
Comments
Post a Comment