CYPRUS Citizenship Program

    •  Investment: EUR €500,000 (real estate) + EUR €2,000,000

    •  Financing Option: None

    •  Physical Residency Requirement: Not required (direct citizenship)

    •  Citizenship Requirement: Eligible after investment

    •  Processing Time: 3 months

    •  Visa free Travel: 172 countries

 

Cyprus is located in south Eastern Europe, an island in the Mediterranean Sea. Cyprus has a rich and diversified culture, mild Mediterranean climate and is perfectly placed for working, business and travelling. Total area is 9,251 km2. Language Greek, Turkish, English widely spoken. Currency is Euro (EUR).

 

Requirements:

 

    •  Must hold a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500,000 plus applicable VAT.

    •  Must choose one of the prescribed investment options and maintain it for the required duration.

 

INVESTMENT OPTION

 

1. Investment in real estate, developments and infrastructure projects:

 

The applicant should make an investment of at least EUR 2 million for the purchase or construction of real estate.

 

2. Purchase, establishment, or participation in Cypriot businesses and companies  

The applicant must make an investment of at least EUR 2 million in the purchase, creation or participation in businesses or companies that are based and operating in the Republic. These businesses or companies should have a demonstrable and tangible presence in Cyprus and employ at least five Cypriot citizens

3. Investment in Alternative Investment Funds or financial assets of Cypriot enterprises or Cypriot organizations licensed by the Securities and Exchange Commission

The applicant should purchase units amounting to at least EUR 2 million from Alternative Investment Funds (AIF).

This criterion also covers the purchase of financial assets of Cypriot businesses or organizations for at least EUR 2 million, in the form of bonds, securities and debt securities.

 

4. Combination of the above investments

The applicant may invest in a combination of the above, provided that the total investment amounts to at least EUR 2 million.

The applicant’s investment combination may include the purchase of special government bonds of the Republic of Cyprus of up to EUR 500,000.

 

Benefits of the program:

  •   Fast-track procedure allowing for direct path to citizenship within three months;
  • No physical residence requirements during or after the application procedure (the only requirement is for one visit every 7 years);
  • No language requirements for residence or citizenship;

    •  No obligation to relinquish current nationality;

    •  Low tax rates and free trade within the EU;

    •  Legal system based on English common law;

    •  Unrestricted right to live, work and study in Europe;

    •  Right to own land in an EU member state;

  • Strategic geographical location, forming a bridge between the EU, the Middle East, and North Africa with direct access to the Mediterranean Sea;
  • Low crime rate, excellent education system with a number of high standard schools and universities and first-rate healthcare;

    •  An outstanding holiday destination.

    •  Visa free travel to 172 countries including Europe and Canada;

    •  No tax on worldwide income and assets;

 

FEES:

    •  Govt. Fees EUR € 46,000 (for family of 4);

   

   Note: All applicable fees charged by Cyprus Govt. are subject to change.

 

Visa Free Country List:

Africa
Botswana
Comoros
Djibouti
Egypt
Gambia
Kenya
Lesotho
Madagascar
Mauritius
Mayotte
Morocco
Mozambique
ReunionSt Helena
Seychelles
South Africa
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe
Americas
Anguilla
Antigua & Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bermuda
Bolivia
Brazil
British Virgin Islands

Canada
Cayman Islands
Columbia
Costa Rica
Curacao
Chile
Dominica
Dominican Republic
Dutch Caribbean
Ecuador
El Salvador
Falkland Islands
French Guiana
Greenland
Grenada
Guadeloupe
Guatemala
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
St Barthelemy
St Kitts & Nevis
St Lucia
St Maarten
St Martin
St Pierre & Miquelon
St Vincent
Trinidad & Tobago
Turks & Caicos
Uruguay
Venezuela

Asia
Armenia
Bangladesh
Brunei
Cambodia
Darussalam
Georgia
Hong Kong
Indonesia
Iraq
Israel
Japan
Jordan
Kyrgyzstan
Laos
Lebanon
Macau
Malaysia
Maldives
Nepal
Oman
Philippines
Singapore
South Korea
Sri Lanka
Taiwan
Timor Leste
Europe
Albania
Andorra
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia

Faroe Islands
Finland
France
Germany
Greece
Guernsey
Hungary
Iceland
Ireland
Isle Of Man
Italy
Jersey
Latvia
Liechtenstein
Lithuania
Luxembourg
Macedonia
Malta
Moldova
Monaco
Montenegro
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
Ukraine
United Kingdom
Vatican City

Oceania
Australia
Cook Islands
Micronesia
Fiji
French Polynesia
Kiribati
Marshall Islands
Nauru
New Caledonia
New Zealand
Niue
Palau
Papua New Guinea
Samoa
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis & Futun