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        <title><![CDATA[Ex-Google CEO Eric Schmidt reportedly close to purchase of EU passport]]></title>
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            <media:title type="html">Ex-Google CEO Eric Schmidt reportedly close to purchase of EU passport</media:title>
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						<p>Former Google CEO Eric Schmidt is reportedly trying to get his hands on a European passport.</p>
<p>The 65-year-old tech tycoon &#8212; whose string of extra-marital affairs <strong>have made him a regular fixture on Page Six</strong> &#8212; is finalizing a plan to become a citizen of the small Mediterranean island of Cyprus, <strong>Recode reported on Monday</strong>.</p>
<p>The documentation would allow Schmidt, who was born in Virginia, to bypass strict COVID-19 related travel bans on the continent.</p>
<p>Cyprus law allows foreigners to apply for citizenship if they have held property on the island worth at least 2 million euros for more than 5 years. It is far more commonly taken advantage of by Russian oligarchs than US tech moguls, according to the report.</p>
<p>Schmidt, who led the search giant from 2001 until 2011, is currently the 82nd richest person on earth with a net worth of $19.2 billion, according to the Bloomberg Billionaires Index.</p>
<p>Al Jazeera recently <strong>reported</strong> that Cypriot officials have &#8220;expressed a willingness to sell EU passports to criminals.&#8221; &nbsp;The European Union last month said it would crack down on the Cypriot policy, saying that it effectively sells European citizenship.</p>
<p>The law is being phased out this month, meaning that Schmidt and his family will be some of the last people who are able to take advantage of it.</p>
<p>Schmidt did not respond to questions about why he was pursuing Cypriot citizenship, but likely applied within the last 12 months.</p>
			
					
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                <dc:creator><![CDATA[GAGmen]]></dc:creator>
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