Located in the heart of the Mediterranean and at the crossroads of Europe, Africa and Asia, Cyprus offers great advantages for those looking to work and travel with and beyond the European Union. The citizenship-by-investment programme was introduced to attract foreign direct investment.
Why choose Cyprus?
Cyprus guarantees a stable life ideal for raising families, thanks to it being a neutral country belonging to the Commonwealth of Nations, whose political system is based on the British Parliamentary system. Additionally, the mild Mediterranean climate and rich culture make Cyprus attractive to visitors.
Other benefits include:
- Visa-free travel to 171 countries, including the EU and Canada
- The right to live, work and study in any of the 28 EU countries
- Efficient and strict due diligence standards and vetting of applicants, ensuring only highly respectable applicants will be admitted
- Great opportunity for investment
- Citizenship for life, with the right to live and work in a well-respected EU country
- A low tax regime, with no net-worth, gift, or inheritance tax
- The freedom to maintain dual citizenship, if you should desire to do so
- The ability to pass on citizenship to future generations
How to qualify:
To qualify for citizenship, applicants must fulfil one of the investment options below and hold it for three years in addition to meeting the following criteria:
- Possess a valid passport
- Hold no criminal record
- The main applicant’s property is not frozen within the boundaries of the EU
- Possess a residency permit in the Republic of Cyprus, for a period of six months before being granted citizenship
- Own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT
Investment options and costs:
Minimum total investment for each option below is €2,000,000.
- Range of Investiment Options available:
- Investment in Financial Assets of Cypriot Companies or Organizations which are licenced by the Securities & Exchange Commission - Combination Investment
Residency option is also available