Eu Citizenship
SCHEME FOR NATURALIZATION OF INVESTORS IN CYPRUS BY EXCEPTION
Obtaining Cypriot Citizenship by Investment per the updated Government policy dated:
Updated law: 13th September 2016
What You Get
- Visa free travel in 157 countries
- Live, work, travel anywhere in the European Union
- Own a Business within the EU
- Applicants spouse and children up to the age of 28 are also granted citizenship.
- Applicants parents are entitled for citizenship provided they own permanent residence in Cyprus of at least €500.000
- Benefit from no inheritance tax in Cyprus.
- Cyprus has one of the lowest corporate tax rates in the EU 12.5%
- Dual Citizenship is allowed
Investment Options
- Residential and Commercial properties and infrastructure projects
- Cyprus businesses and companies
- Financial Assets of Cypriot Enterprises and/or organisations
- Alternative Investment Funds (AIFs)
- Government bonds (maximum investment of €500.000)
- Combination of options
Requirements
- Minimum investment of €2,000,000 (ex. VAT)
- Requirement to invest in residential property in the republic for at least €500.000 (ex. VAT).
- Holding investments for a minimum of 3 years
- If applicant wishes to sell investments after 3 years, then a residential property of a minimum value of €500.000 (ex. VAT) needs to be kept.
- Clear criminal records for all receivers of Cyprus citizenship
- Must be holder of Cyprus residence permit (to be filled with citizenship application)
- NO requirement to reside in Cyprus
- NO requirement for language proficiency tests
Application & Costs
Application Submission Documents:
- Brief explanation of Investment for the application
- M127 Application Form
- Birth Certificate
- Copy of Passport
- Clean criminal record certificate from country of origin and country of residence
- Marriage certificate
- Copies of two consecutive advertisements in daily newspapers
- Two Passport Size photographs
- Curriculum Vitae (CV)
- Details about permanent privately-owned residence of the applicant in Cyprus
- Supporting evidence in case applicant is a high ranking senior manager
- Supporting evidence of investment by the applicant in Cyprus
Time
Fast-track procedure of 3 months to be granted a citizenship.
Processing fees (paid to the Government)
* Application Submission
- Original documents
- Copies of original documents
- Application fees
** Certificate of Naturalization
After positive evaluation of the application, a Certificate of Naturalization is granted following payment of € 5000
Features Properties
Apartments for Sale in
Polemidia Area
It comprises of one and two bedroom apartments. It’s an ideal investment for a family seeking a permanent residence on the outskirts of town, with easy and quick access to the motorway.