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INVESTMENT CRITERIA AND CONDITIONS

Cyprus Citizenship may be obtained through a secure property investment of €2 million plus VAT, provided the  property/ies is/are residential.

  • The investment can be a single property or combined property portfolio.
  • The main investment may be sold after a period of five (5) years, however, the investor must always maintain / purchase a property with a value of at least €500,000 plus VAT
  • Clean criminal record is required
  • Government Donation €150,000
  • The investor’s parents are entitled to apply for Cyprus Citizenship provided that they have purchased a permanent residence of at least €500,000 plus VAT.
  • Applicants must be holders of a valid Schengen Visa prior to submitting a citizenship application.

 

BENEFITS OF THE CYPRUS INVESTMENT PROGRAMME

SIMPLE – Application will be examined within  approx. 8 months

NO RESIDENCE REQUIREMENTS – Investors must visit Cyprus at least once every 7 years

FREE MOVEMENT – Citizens have the right to live, work and get an education within the European Union, Free movement of goods, services and capital, Visa-free travel to over 158 countries including the EU and Canada

PROTECTION – Protection by the diplomatic or consular authorities of any EU country

LANGUAGE – There are no language requirements

RIGHT TO VOTE –  All European Citizens have the right to vote and stand for European Parliament Elections

DUAL CITIZENSHIP – No need to renounce previous nationality as dual citizenship is allowed

VALID FOR LIFE – Citizenship can be passed to future generations by descent

ELIGIBILITY – All nationalities are eligible for the programme

NO TAX CONSEQUENCES – No tax consequences unless one opts to become a tax resident in Cyprus