REQUIREMENTS FOR CITIZENSHIP
- Donation of €150,000 (€75,000 each to 2 government funds).
- Applicant and adult family members must hold active Schengen visas.
- Applicants who have been rejected by another EU country’s programs can notapply.
- The investment properties should be kept for 5 years.
- Due diligence will be carried out by a specialist foreign firm.
- If an applicant is purchasing residential properties that have already been used by another applicant for their citizenship by investment, the amount will be increased to €2,500,000.
- Minimum Property Investment – €1,500,000 + VAT (If Applicable)
- Minimum Investment in Primary Residence – €500,000 + VAT (If Applicable)
- Applicant – Clear Criminal Record, Must be 18 or older. Applicants name
- must not be included on the list of persons whose property is ordered to be frozen within the boundaries of the EU.
- Visit to Cyprus – One visit to Cyprus to register Biometrics and obtain PRPermit.
- Processing – 6 to 8 Months after Property Purchase and Full Document Submission.
WHO BENEFITS FROM A SINGLE PURCHASE?
- Applicant and Spouse.
- Children Under 18 Years Old.
- Adult Children up to 28 years old – provided they are financially dependent on their parents and are studying in an Institute of Higher Education.
- Parents of the Main Applicant provided they have a primary residence of at least €500,000.
- Citizenship is transferable to all descendants.
- Travel to 157+ countries without a visa.
- Same rights as European Citizens.
- Take advantage of Cyprus multiple citizenship possibility.
- Travel, live, work and study anywhere in the European Union or Iceland, Liechtenstein and Switzerland.
- Citizenship for the whole family.
- Free movement of capital, services and goods.
- Insurance against political instability.
- Zero inheritance tax.
- Possibility to rent out the privately-owned residence.
- Access to high quality healthcare institutions.
- The eligible investment is not limited to properties purchased for the first time.
For more information on the Cyprus Investment Programme please contact us at email@example.com orclick here
to make an enquiry.