Cyprus Citizenship by Investment Program

Minimum Investment

N/A

Minimum Investment

2,000,000
Real Estate

Time To Citizenship

3
Months

Visa-Free Access

150+
Countries

Overview of Cyprus

The Cyprus Citizenship Investment Scheme is designed for ultra-high net worth individuals who wish to obtain a second citizenship in a European Country which gives access to all the rights of an EU citizen protected by EU legislation and regulations such as freedom to work, study and reside in any EU member state. The Cypriot passport grants its holder a visa free access to over 157 countries.

The prospective investor needs to invest at least €2 million to be eligible to submit an application to obtain the Cypriot citizenship. The amount of €2 million* can be invested as follows:

  • Investment in Real Estate property** (Residential, Commercial, Development) which must be kept for 3 years.
  • Financial Assets of Cypriot Companies or Cypriot organizations, Alternative Investment Funds or financial assets of Cypriot Companies or Cypriot organizations that are licensed by CySec or a Combination of these investments for a total of €2million***. Within this the applicant may purchase government bonds of the Republic of Cyprus of up to €500,000
    *The investor should only keep the investment of €2 million for just 3 years.
    **If the applicant has invested in housing units, one of these housing units must worth at least €500,000 plus VAT and be kept for life.
    ***The applicant needs to keep a housing unit of €500,000 for life in addition to the €2 million investment.

About Cyprus

CAPITAL:TOTAL AREA:POPULATIONLANGUAGE(S):
Nicosia9,251 km²1.17 millionGreek, English
CURRENCY:EXCHANGE RATE:GDP – PER CAPITA (2016):GDP – TOTAL (2016):
Euro (EUR)1 USD = 0.86 EURUSD 23,324USD 19.8 billion

Citizenship Law

 

The Cyprus Citizenship Program is now one of the fastest in Europe and is pursuant to the “Scheme for Naturalisation of Investors in Cyprus by Exception” on the basis of Section 111A (2) of the Civil Registry Laws of 2002-2013, based on a Council of Ministers decision dated 19th March 2014. On 24 May 2013, Pursuant to subsection (2) of section 111A of the Civil Registry Laws of 2002-2013. In virtue of this law, the Cyprus Council of Ministers may grant citizenship by naturalization to foreign entrepreneurs. Therefore, enforcing favourable immigration policies and further fostering a way of obtaining Cyprus Citizenship by Investment. The new regulations simplify the entire procedure in both time and formalities.

Additionally, the law provides for the granting of the Cypriot citizenship to the spouse as well as financially dependent adult children of the investor. Neither the spouse nor the children are obliged to meet any additional financial criteria.

Immediate Visa free Travel

Antigua & Barbuda
Argentina
Bahamas
Barbados
Belize
Bolivia*
Brazil
Canada
Chile
Colombia
Costa Rica
Dominica
Dominica Republic
Ecuador
El Salvador
Grenada
Guatemala
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Paraguay
Peru
St. Kitts & Nevis
St. Lucia
St. Vincent &The Grenadines
Trinidad and Tobago
Uruguay
Venezuela

Australia
Gabon
Kuwait
Myanmar
Rwanda
Sri Lanka
Turkey

Albania
Andorra
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Croatia
Czech Republic
Denmark
Estonia
Finland
France
Georgia
Germany
Greece
Hungary
Iceland
Ireland (Rep.)
Italy
Latvia
Lithuania
Luxembourg
Macedonia (FROM)
Moldova
Monaco
Montenegro
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Ukraine
United Kingdom
Vatican City

Botswana
Cape Verde*
Comoros*
Djibouti*
Egypt*
Gambia
Guinea-Bissau*
Kenya
Lesotho*
Liberia
Madagascar
Malawi*
Mali*
Mauritania*
Mauritius
Morocco
Mozambique*

São Tomé and Príncipe
Senegal
Seychelles
Somalia*
South Africa
Swaziland
Tanzania
Togo*
Uganda
Zambia
Zimbabwe

Armenia
Bahrain*
Bangladesh*
Brunei
Cambodia*
Hong Kong*
Indonesia
Iran*
Israel
Japan
Jordan*
Laos*
Lebanon
Macau*
Malaysia*
Maldives
Nepal*
Oman*
Palestinian Territories
Philippines
Qatar*
Singapore
South Korea
Tajikistan*
Thailand*
UAE

Fiji
Kiribati
Marshall Islands
Micronesia
New Zealand
Palau
Papua New Guinea*
Samoa
Solomon Isl.*
Timor-Leste
Tonga
Tuvalu
Vanuatu

* Visa-free travel countries for CYPRUS passport holders are: (The list of visa free travel countries is subject to governmental changes)

Compare Second Citizenship Program

Cyprus is not the only country offering a Citizenship through Real Estate Investment. Visit the pages below for other options.

Compare Permanent Residency Program

Europe is offering a golden visa program leading to a residence permit through real estate investment. Visit the pages below for further options.

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