Cyprus

Cyprus is strategically located in between the 3 continents of Europe, Asia and Africa. Cyprus is currently offering the quickest, most assured route to a EU citizenship through its citizenship by investment program that started in 2013. An investment of €2.0 million in real estate is required, plus a donation of €75,000 to the Governments research and development fund and €75,000 to the land development organization. Cyprus is unique in its offering of citizenship, offering a second passport within just 6 months after making the investment. An EU passport gives the freedom to work, travel and live anywhere in Europe.

€ 200000

Minimum Investment

122 days

Become an EU Citizen

0 years

Investment Term

Cyprus Citizenship by Investment is the most affordable and quickest option for you and your family to obtain a EU passport

INVESTMENT OPTIONS

Option #1

Investment into Real Estate.
Investment from €2,000,000.
Real estate to be kept for 5 years.
Attractive ROI on rental income.

Option #2

Creation/participation in a business.
Investment from €2,000,000. Business needs to operate locally.
Employ at least 5 Cypriots.

Option #3

Alternative investment into fund.
Or financial assets of organizations.
Officially licensed by the SEC.
Investment of at least €2M.

PROGRAM BENEFITS

EU Citizen

The right of free movement with no passport controls. Option to work, study & benefit from living in the EU.

Tax Benefits

Main applicant does not become a tax resident unless spending more than 183 days in one year.

Visa Free Travel

Visa-free travel to 174 destinations including Canada, Australia, Hong Kong, Singapore and UK.

Family Security

The main applicant can add their spouse and dependent children below 28 so they can also obtain citizenship.

Education Benefits

Access to all universities in Cyprus. High education, affordable tuition fees and internationally recognized.

Dual Citizenship

Dual citizenship is allowed and there is no need for the applicant to live in Cyprus. Available to all nationalities.

Fastest Programm

Passport can be obtained within 6 to 8 months, making it the fastest CBI program in the EU.

Cyprus Taxation

No foreign income tax, nor inheritance tax. Cyprus has the lowest taxation rates in Europe for residents.

REQUIREMENTS

• The main applicant must be over 18 years old.

• Have a clean criminal record from country of origin.

• Have a clean criminal record from country of residence.

• If application for citizenship in other member-state of the EU has been rejected, not eligible for the acquisition of the Cypriot citizenship by investment program.

• The applicant must hold a valid Schengen visa.

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

• Investments need to be retained for at least 5 years from the date of taking the citizenship.

• Residential property of €500,000 must be kept for life.

APPLICATON PROCESS

Step 1: Talk to Adlers immigration advisors (3 to 5 days)

Our specialist immigration advisors will evaluate your personal circumstances and assist you in selecting investment options most suitable to you, matching the requirements with the application criteria, to ensure successful application.

Step 2: Choose investment options (3 to 5 days)

Investing in Cyprus has never been so attractive, not only bringing you a high quality property investment, but also a much coveted European passport. With a large portfolio of investment options on offer, from the smaller residential properties to luxury villas and also prime commercial property, Cyprus is genuinely one of the best locations to invest in. Option 1 is purchasing residential real estate for €2,000,000. A minimum investment of €1.5 million (exclusive of VAT, if applicable) in residential real estate is required and needs to be held for 3 years. Option 2 is a combination of Investments for €2,500,000. This option allows you to invest €2,000,000 in any one or a combination of the following options. Real estate including residential, commercial, infrastructure and land (providing the land has a development plan in place) Creation, participation or acquisition in a Cyprus company, (certain criteria applies) Cyprus government bonds (to a maximum of €500,000) Alternative Investment Funds (AIFs) or Cypriot entity of financial assets which are CySEC regulated, with activities in Cyprus. After three years you can sell your investment other than your primary residence to the value of €500,000 which must be held indefinitely.

Step 3: Select investment option and sign a contract of sale & submit biometrics

While you are in Cyprus, and after selecting the property, you'll be required to sign a contract of sale and provide biometrics at the Civil Registry and Migration Department (CRMD).

Step 4: Prepare & submit citizenship application (6 months)

The application can be submitted on behalf of the applicants only by persons registered with the Registry of Service Providers of the Cyprus Investment Programm regulated by the Committee of Supervision and Control for the CIP. Cyprus Investment Programm application is submitted at the Ministry of Interior. The applicant’s presence is not required. The Application of the main applicant and his spouse are submitted initially. The ministries of Interior and finance examine the application for naturalization and present it to the Council of Ministers for approval.

Step 5: Application approval (6 months)

Once the application is approved and provided that the applicant holds a permanent residence permit for at least 6 months, the procedure of the application for Cyprus Citizenship is finished. Cyprus permanent residence is required before the naturalization as a Cypriot citizen. The final application can be made following the above steps, then the Civil Registry and Migration Department issues the Certificate of Naturalization, after the payment of the Naturalization Certificate issuing fee.

Step 6: Citizenship acquired (1 month)

After this the applicant will need to confirm faith to the Republic of Cyprus before a Registrar of a Cypriot court or a consular officer. Further, the applicant needs to visit the Civil Registry or migration department or Embassy to give biometrics so that his passport can be issued. The applicant is also entitled to apply for the issuance of the Cyprus identity card at the local District office. The Cyprus passport is issued in 1 day and the Cyprus Identity card within about 7 days. This application can be made simultaneously with the CIP application without any other documents. For the issuance of the PRP, the applicants must be present in Cyprus for the submission of their biometric data (fingerprints and photograph) and signature. After the collection of the biometric data, the Immigration Permit (card) is issued within five working days.

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Cyprus Citizenship by Investment is the most affordable and quickest option for you and your family to obtain a EU passport