The Government of Cyprus has taken a unique step by creating one of the fastest programs, which grants outright citizenship to non-E.U. applicants.

The requirements under the program are fairly straightforward; Applicants with a clean criminal record can apply for citizenship by investing at least 500,000 Euros in Cypriot real estate, investing in 1 of 8 options and having sufficient source of funds from abroad.

The key advantages of this program are E.U. citizenship and visa-free travel to over 140 countries, which includes Canada and Hong Kong.

The applicants may also include dependents above 18 until 28 years old if they are fully dependent on the applicant.

Dual citizenship is allowed and individuals who will not become resident for tax purposes in Cyprus are not subject to personal income tax.

For more information, please view our detailed catalogue and visit the government website:

http://www.investcyprus.org.cy/citizenship-by-investing/

INVESTMENT OPTIONS

  • MAJOR COLLECTIVE INVESTMENTS
    • The Council of Ministers shall have the right on special occasions, to reduce the below criteria [Option 8 (Investment in Government Bonds), Option 2 (Investment in financial assets of Cypriot companies or Cypriot organizations), Option 3 (Investment in real estate, land development or infrastructure projects) and Option 4 (Purchase or creation or participation in Cypriot businesses and companies):
    • To €2.5 million for investors, who demonstrably participate in a special collective investment scheme, provided that the total value of the investment is at least €12.5 million.
    • To €2 million for investors who demonstrably participate in a special collective investment scheme, provided that the total value of the investment is more than €12.5 million. It is noted that this present provision (I), will be in force until the 1st of June 2014.

  • In addition, it is noted that for the above-mentioned provisions, the investment for the Criteria Option 2, 3, 4 & 8 may be realized through a different salesman/ provider (physical or legal entity)

  • INVESTMENT IN FINANCIAL ASSETS OF CYPRIOT COMPANIES OR CYPRIOT ORGANIZATIONS
    • The applicant must have purchased financial assets of Cypriot companies or Cypriot organizations (bonds/ securities/ debentures registered and issued in the Republic of Cyprus) of at least €5 million.

  • INVESTMENT IN REAL ESTATE, LAND DEVELOPMENT AND INFRASTRUCTURE PROJECTS
    • The applicant must have invested at least € 5million in the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector or other infrastructure projects).

  • PURCHASE OR CREATION OR PARTICIPATION IN CYPRIOT BUSINESSES OR COMPANIES
    • The applicant must have invested at least € 5million in the purchase, creation or participation in businesses or companies, that are based and operating in the Republic of Cyprus. These businesses or companies should evidently have a concrete presence in Cyprus and should employ at least five (5) Cypriot citizens.

  • DEPOSITS IN CYPRIOT BANKS
    • The applicant must have personal fixed term deposits for three years in Cypriot banks or deposits of privately owned companies or trusts (in which he/she is the beneficiary owner) in the Republic of Cyprus of at least €5 million.

  • COMBINATION OF SOME INVESTMENT OPTIONS
    • Option 2 (Investment in financial assets of Cypriot companies or organizations),
    • Option 2 (Investment in financial assets of Cypriot companies or organizations),
    • Option 3 (Investment in real estate, land development and infrastructure projects),
    • Option 4 (Purchase or creation or participation in Cypriot businesses or companies),
    • Option 5 (Deposits in Cypriot banks) and Option 8 (Investment in government bonds)
    • The applicant is required to have a combination of the above amounting to at least €5 million.

  • PERSONS WHOSE DEPOSITS WITH THE POPULAR BANK PUBLIC COMPANY LTD HAVE BEEN IMPAIRED DUE TO THE MEASURES IMPLEMENTED AFTER THE 15TH MARCH 2013
    • The applicant has incurred impairment in deposits amounting to a total of at least €3 million
    • In the case where the applicant has incurred an impairment in his/her deposits under €3 million he/she may apply, having made an additional investment through the criteria
    • Option 2 (Investment in financial assets of Cypriot companies or Cypriot organizations),
    • Option 3 (Investment in real estate, land development or infrastructure projects),
    • Option 4 (Purchase or creation or participation in Cypriot businesses and companies),
    • Option 5 (Deposits in Cypriot Banks) and Option 8 (Investment in Government bonds) for the balance of the required amount of the aforementioned criteria.

  • INVESTMENT IN GOVERNMENT BONDS
    • The applicant must purchase state bonds of the Republic of Cyprus to the value of at least of at least €5million.

Even if, you do not belong to any country of the European Union, you are eligible for Cyprus Citizenship. You need to have a clean criminal record, and once you make the necessary deposit, you can expect to get your citizenship. Consequently, you can enjoy all the benefits that residents of this country enjoy. Once you have your citizenship status, you can travel across forty countries without the visa. In the recent years, we have witnessed a huge influx in the numbers of applicants looking forward to getting citizenship of this country. Thus, you can also look forward to the same. If you are interested in doing business, you should go for the Cyprus Economic Citizenship program. You need to make direct investment under the program for which you need not contribute separately. We are there to guide you through the entire process, and help you out to get your citizenship at the earliest.

Reasons to choose cyprus?

  • 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;
  • 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.

VIEW CATALOGUE