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CYPRUS

NATURALIZATION PROGRAM (Residency and Citizenship by Investment)

Immigration Policy

  1. Purchase one or more residential real estate in Cyprus valued at €2 million at least, and hold it for at least 3 years. At the end of the period, the applicant can choose to maintain residential property only at a level of €500,000, and continue to hold it.

  2. Purchase €2 million investment and hold it for 3 years, which can be a combination of real estate and/or financial investments. The real estate investment can be a) residential, b) commercial, c) infrastructure, d) land (provided there is a development plan in place.

  3. Holding Cypriot government bonds for €500,000.

  4. Holding majority share in a Cypriot company or business and hiring 5 Cypriot people or EU member people who live in Cyprus for 5 years in total before applying for Cypriot citizenship.

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

Application Requirements

    Main Applicant:

  1. Invest at least €2 million and hold for at least 3 years.

  2. Clean criminal record.

  3. Hold a residence permit in Cyprus.

  4. Possess a permanent privately-owned residence valued at €500,000 at least.

  5. Hold a residence permit in Cyprus for at least 6 months.

    Dependent Applicants:

  1. Legal spouse of the main applicant

  2. Minor children or financially dependent adult children under 28 years of age

  3. Parents of the main applicant

Advantages of the Program

  1. Highly specialized human capital, reliable legislative and regulatory framework, and stable and beneficial tax system.

  2. Visa-free access to 173 countries including Canada, Australia, New Zealand, Singapore, and Japan.

  3. Obtain a Permanent Residence Permit or EU/Cypriot citizenship within 6 to 8 months.

  4. Low corporation tax at 12.5%.

  5. Easy access to new markets, an active trans-shipment centre, and business hub.

  6. Substantial oil and gas reserves. Booming investment hotspot for global energy giants including ExxonMobil and Qatar Petroleum, thereby boosting the country's economy.

  7. Great living environment with 340 days of sunshine a year.

  8. High potential for investment growth.

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