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Cyprus Citizenship Programme

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Minimum Investment:
€2.000,000
EU member:
Yes
Generations of dependents:
2
Visa free countries:
146
Overview Cyprus
The Cyprus Citizenship by Investment Program is provided for in the Scheme for Naturalization of Investors in Cyprus by Exception, on the basis of Section 111A(2) of the Civil Registry Laws of 2002-2013. Through this scheme, non-EU and non-EEA nationals of good standing may, along with their family members can receive Cypriot citizenship by making an approved investment for a period of at least three years. Cyprus citizens may also apply for an EU passport, which gives the right to freely travel, live and work in any EU member state.
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Requirements

Applicants may choose one of the following investments:
  • Investment of at least €2,000,000 in real estate, development projects or infrastructure projects (the €500,000 residential property may be included within this amount).
  • Purchase of more than €2,000,000 worth of Cypriot commercial financial products, including bonds and securities.
  • Purchase, creation or participation in a Cyprus business or company (investment worth at least €2,000,000), which employs at least 5 citizens of Cyprus or the EU.
  • A combination of the three kinds of investments above. Up to €500,000 of the total amount can be invested in Cypriot Government bonds.
Investors must also own a private residence in Cyprus, worth at least €500,000.If investors choose a real estate investment, the €500,000 can be included in the €2,000,000 total.

Eligibility

Investors must meet the following criteria:
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over 18 years old
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No criminal record
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Make an approved investment of at least €2 million
No criminal record
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Own a private residence in Cyprus, worth at least €500,000

Why Choose Cyprus Citizenship by Investment Programme?

  • Cyprus is a member of the European Union. Investors and their families are free to live, work, study and do business in any EU member state and in Switzerland, Liechtenstein, Norway and Iceland.
  • Visa-free travel to 146 countries.
  • A passport is also available to the spouse of the investor and to dependent children at the end of the investment. Descendants of the investor will retain citizenship.
  • Dual citizenship recognized.
  • The parents of the investor may also apply for nationality by purchasing property in Cyprus worth at least €500,000.
  • Quick application process: It takes just 3 months to obtain citizenship.
  • There is no immigration residency requirement.
  • Donations to the Government of Cyprus, and history and language proficiency tests are not required.

Residency Process

  • Initial investor assessment and signing: Investors sign an investment immigration service agreement. Investors also sign an investment agreement on financial products.
  • Preparation of materials and initiation of the investment: Under the guidance of an investment advisor, a criminal record check and other necessary materials required for the application are prepared. An investment is made, as per the investment agreement.
  • Assessment: The assessment period is approximately three months. The application materials must be examined by the Civil Registry and Migration Department before authorization can be granted.
  • Completion: The investor arrives in Cyprus and obtains a passport.

Timeframe

5 years in total, broken up as follows:
Initial Investor Agreement and Signing
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Preparation of Materials and Initiation of Investment
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Assessment:
3 months
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Completion:
The investor arrives in Cyprus an obtains a passport
Residence & Citizenship Cyprus Contact

Cyprus

3 Themistocles Dervis street,

Julia House,

1066 Nicosia,

Cyprus.

Email: cyprus@kylinprime.com

Work schedule:

Mon – Fri: 09:00 – 17:30

Sat – Sun: Closed

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