THE NEW, REVISED SCHEME
The applicant needs to fulfill one of the following economic criteria which were set by the Council of Ministers, either personally or through his/her spouse or a company in which he/she is a share holder:
A1. Investment in real estate or land development or in infrastructure projects.
A2. Purchase or creation or participation in Cypriot businesses or companies.
A3. Investment in financial assets of Cypriot companies / Cyprus organizations or in Alternative Investment Organizations.
A4. A combination of the above, with the right to purchase special government bonds of the Cyprus Republic of a value up to €500,000.
HOW TO INVEST
For A1, invest a total of €2,000,000 (plus VAT if any) in residential property/development, of which at least €500,000 (plus VAT if any) should be used for the purchase of a residential property or
Invest a total of €2,000,000 (plus VAT if any) in NON residential property/development, and also own or purchase a residential property of at least €500,000 (plus VAT if any).
For A2, A3 and A4, invest in any of these options a total of €2,000,000, but you must also own or purchase a residential property of at least €500,000 (plus VAT if any).
Cyprus EU Citizenship by Investment can be obtained in approximately 6 months.
NO RESIDENCE REQUIREMENTS
Investors may visit Cyprus just once every 7 years.
You are not required to donate any money to the Republic of Cyprus.
There are no language requirements or history tests.
NO TAX CONSEQUENCES
No tax consequences unless you decide to become a tax resident of Cyprus. Cyprus also offers an attractive tax and regulatory system for businesses.
No need to renounce your previous nationality. Dual citizenship is allowed.
BE AN EU CITIZEN
Cyprus being part of the European Union allows its Citizens, to move and live freely in other countries of the European Union, plus, easily travel to 148 non-European Countries without a visa.
EUROPEAN EMPLOYMENT AND EDUCATION
With the Cyprus Citizenship program, you and your family have the right to study and work in Cyprus and other European Union countries, enjoy High Class Education offered by Universities in Europe and take advantage of numerous Career Opportunities.
EUROPEAN CITIZEN RIGHTS
Enjoy the social benefits of being an EU citizen through the Cyprus Citizenship Program. Some of them include child birth or unemployment allowance, health care, education and others.
Cyprus Citizenship applicant can enjoy free movement of capital across the European Union with no restrictions.
Automatically gain protection by the diplomatic or consular authorities of any EU country.