Citizenship by Investment Program in Cyprus


Starting from March 19 2014, according to the Cyprus law, the non-Europeans investing in the economy of Cyprus have the opportunity to obtain Cyprus (European) citizenship.


Main Benefits of Obtaining Citizenship in Cyprus through the Citizenship-by-Investment Program

EU Citizen 

(live, work, and study 
anywhere in the EU)


 

158 countries 

Visa-free traveling 
(including Canada, Hong Kong, 
and Switzerland)

 

Whole Family 

(husband, wife, all financially dependent children up to the age of 28. Parents can be included in the application, provided that they are the owners of residential property in Cyprus value of € 500,000)

Ranked 17th

Cyprus passport ranked 17th in the world according to the Visa Restrictions Index


 
Fast
(3months)
Dual citizenship
 
Not reported to other countries
EU health care
 
EU education system
Tax Benefits
Not a tax resident, unless more than 183 days in a calendar year are spent in Cyprus.
High standard of living
Lifetime citizenship

Main Requirements

Option 1




 
  • No criminal record
  • Minimum investment - €2 million
  • A Permanent Residence Permit will be issued prior to Naturalization.
  • Investments to be kept for 3 years
  • Contract of Sale proving the direct investments in the real estate and the receipt of payment
  • Hold a privately owned permanent residence in Cyprus of a minimum value of €500,000 + applicable VAT. If investment is made in residential property, this requirement is not applicable.

 

Option 2





Important Notes:
  • No requirement to reside in Cyprus
  • No donations required
  • No exams in history or Greek language
  • Wide range of investments – residential or commercial properties, investment funds, shares of companies, government bonds.


Investing in Real Estate Advantages 

 
Simple & Fast-track processing of application (3 months)  
No inheritance tax  
Rental Income  
  Inflation Hedge
  Appreciation over time

 
Detailed info Download here

Investment Options

Real Estate, Land Development,
and Infrastructure Projects

Purchase, Creation, or Participation in Cypriot Businesses or Companies

Investments in Alternative Investment Funds (AIFs) or financial assets of Cypriot businesses or organizations licensed by CYSEC

Combination of investments