Cyprus has stopped a special program. Rich people could get passports for money. This program is now finished forever.
The European Union did not like this program. They said it was not fair. The EU also said Cyprus had problems. Background checks were not good. This made Cyprus look bad.
Now, a new law stops the program. Old applications will be looked at. Some people might lose their passports. This is because they did not follow the rules. People will be told if there is a problem. They can explain why.
Some people think the program helped money. But it also hurt the country's good name. It was risky.
A new way to give honorary citizenship is here. It is for people who helped Cyprus. This is different from the old program.
This new law is important for Cyprus. It helps fix problems with the EU. There will be more talks. People want to know who made mistakes. Checking old passports will take time.