CYPRUS

Citizenship through Investment Program

    WHY CHOOSE CYPRUS?

    Cyprus’ rich historical and cultural heritage coupled with its temperate Mediterranean climate makes it a safe and orderly home perfect for families. Investors also regard Cyprus as a suitable place for business and investment due to the numerous investment opportunities it provides.
  • Approval of citizenship application within approximately three months due to fast processing times.
  • The option to submit both residency and citizenship applications simultaneously.
  • Obligation to visit once every seven years without the need for physical settlement,
  • No language requirements.
  • Parents qualify for citizenship, provided they own a house valued at €500,000 + VAT or own a share of €500.000 of a residential property of the main applicant.
  • Civil unions eligible to submit applications.
  • No obligation to relinquish current nationality.
  • Low tax rates and free trade within the EU.
  • Unrestricted right to live, work and study in Europe.
  • Right to own property in an EU member state.
  • Strategic geographical location between the EU, Middle East and North Africa with direct access to the Mediterranean Sea.
  • Safest country in the world with a population under 5 million.
  • Excellent education system as well as first-rate health care.
  • An outstanding holiday destination.

    QUALIFICATIONS

    Offered in accordance with the Civil Registry Laws 2002-2013, the Naturalization of Investors by Exception Program is one of the fastest options leading to residence and citizenship in Europe.
    To qualify for citizenship, applicants must fulfill one of the investment options below and hold it for three years in addition to meeting the following criteria:
  • Possess a valid passport.
  • Hold no criminal record.
  • The main applicant’s property must not be frozen within the boundaries of the EU.
  • Must be a resident of Cyprus before being granted citizenship (as simultaneous application is possible for residency and citizenship).
  • Own a private property in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.
  • In the case that one chooses to invest in residential properties only and one of the residential properties is priced at minimum €500.000 +VAT, the total investment amount must be €2 million.

INVESTMENT OPTIONS

Individuals with an unconditional Green Card for five years have the right to apply for full citizenship if they satisfy the following criteria:

1. Real Estate, Land Development or Infrastructure Project
Applicants may invest a minimum of €2 million in the purchase or construction of buildings, land development projects (residential or commercial) or infrastructure projects.

2. Purchase, Creation or Participation in Cypriot Businesses or Companies
Applicants may invest at least €2 million in the purchase, creation or participation in businesses or companies based and operating in the Republic of Cyprus. These businesses or companies must have a tangible presence in Cyprus and employ at least five Cypriot citizens or European citizens.

3. Investment in Financial Assets of Cypriot Companies or Organizations
Applicants may invest at least €2 million in the financial assets of Cypriot companies or Cypriot organizations. This includes bonds, securities and debentures registered and issued in the Republic of Cyprus. Investors must maintain the purchased assets for a period of three years.

4. Combination Investment
Applicants may invest in a combination of the above options. The combination of investments must total at least €2 million.

For detailed information please enter your contact details below