The Committee of Supervision and Control for the Cyprus Investment Programme, consists of representatives from the Ministry of Finance, the Ministry of Interior and Invest Cyprus and was established on the basis of a Council of Ministers Decision, aiming at further improving the Cyprus Investment Programme.
Further information can be found at the following link Committee of Supervision and Control
On the basis of the Cyprus Investment Programme, a non-Cypriot citizen, who meets those economic criteria of the Programme, may apply for the acquisition of the Cypriot citizenship.
The applicant should have made the necessary investments during the three years preceding the date of the application and must retain the said investments for a period of at least three years as from the date of the naturalization. In the case where, following a periodic inspection, it has been established that a criterion, term or condition of the Programme has been breached, the granted naturalization may be revoked.
For more information you may follow the link to the Ministry of Interior Website: