Cyprus Citizenship

European Citizenship

Perfectly situated in the Eastern Mediterranean, Cyprus is a country with a rich heritage and a vibrant culture. With its boasting capital of Nicosia, many successful firms operate their business in this rapidly growing metropolis. Surrounded by water, Limassol, Paphos and Ayia Napa offer beach-front properties that attract millions of tourists yearly. Cyprus is rich with history, offering its residents and visitors a life filled with culture, arts, great cuisine and more. With neighboring countries such as Egypt, Syria, Lebanon and Greece, Cyprus is strategically located for investors looking to find a home in a safe and stable country in Europe. 
 
Through investment in real estate, investors and their families may obtain Cypriot citizenship in 6 short months.
 
In 2013, an announcement by the Ministry of Interior of the Republic of Cyprus was issued, stating that immigration permits (Citizenship and Permanent Residence) will be issued to third country nationals if they fulfil certain criteria and terms.
 

INVESTMENT SCHEME

The applicant must own a permanent residence in Cyprus with a minimum value of €500,000 (excluding VAT),
in addition to the one of the following investment schemes maintained over 5 years.

There is a one-time government contribution of €150,000.
 
Α.1) Investment in real estate, land development and infrastructure projects:

The applicant must invest at least €2.5 million for the purchase or construction of
immovable property or development creation such as residential or commercial developments,
developments in the tourism sector or other infrastructure projects.
 
* In cases where the applicant invests at least €2 million in one or more residential properties
then the applicant is not required to further purchase another residence
 
Α.2) Investment in financial assets of cypriot companies or cypriot organizations:

The applicant must invest €2 million in order to purchase, create or participate in
businesses or companies based and operating in the Republic of Cyprus. These businesses or companies
must have a physical presence in Cyprus, substantial activity and a significant turnover, and must
also employ at least 5 Cypriot citizens or European Union citizens who during the five years
preceding the filing of the application were residing in the Republic of Cyprus.
 
Α.3) Investment in Alternative Investment Funds or Financial Assets of
Cypriot Companies or Cypriot Organizations that are licensed by CYSEC :


The applicant must invest at least €2 million in Alternative Investment Funds established in Cyprus,
licensed and supervised by the Cyprus Securities and Exchange Commission and exclusively
making their investments in the Republic of Cyprus.
 
Α.4) Combination of the aforementioned investments:

The applicant may proceed with a combination of the above,
provided that the total investment will amount to a minimum of €2 or €2.5 million. Within this criterion,
the applicant may include the purchase of special government bonds of the Republic of Cyprus of up to EUR 500,000.
 
*In case that the purchase value of the permanent privately owned residence in Cyprus exceeds the amount of €500,000,
part of this additional amount can be used for purposes of supplementing the total amount of
the investment made on the basis of the criteria of Part A above.
 


BENEFITS

  • Citizenship obtained within 3 months
  • Citizenship within the European Union (EU)
  • Dual Citizenship is permitted; there is no need to denounce other citizenship
  • No physical residence requirements during or after the application procedure (the only requirement is one visit every 7 years)
  • Visa-free travel to 159 countries around the world
  • Citizens have the right to live and work anywhere within 28 countries of the EU
  • Citizens have the right to attend schools and universities within any EU country at special tuition rates for EU nationals
  • Access to well established EU healthcare systems
  • Citizenship can be passed to future generations by descent
  • Beneficial tax regime for Cypriot passport holders, no foreign income tax, no inheritance tax, no withholding tax on interest earned and lowest taxation rates in Europe for residents
  • Cyprus Residence Permit is issued within 5 days from the submission of a joint application for residency and citizenship by investment.
  • Citizens of EU countries are well accepted and welcomed internationally
  • Family members (spouses, unmarried children below the age of 28 and dependent parents of applicant or his/ her spouse) may obtain citizenship

BECOME A GLOBAL CITIZEN

Obtain a lifetime citizenship
in a few months, which offers
you freedom of movement
and travel; Your chance to
become a global citizen;
while enjoying a tax free
living.