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Cyprus Investment Programme

Advantages:

  • The programme allows a non-Cypriot applicant to acquire citizenship for themselves and their family
  • Freedom of movement of goods, services and capital across more than 150 countries
  • Improved personal security
  • Provides an opportunity for global tax planning
  • Opens up business opportunity across Europe and beyond
  • No requirement to renounce existing nationality
  • Citizenship can be passed to future generations by descent

Application Criteria:

  • €2 million investment (plus VAT) in residential property in a single property or property portfolio
  • If the parents of the principal investor are included in the application, they will need to purchase a permanent residential property with a value of at least €500,000. Note, this amount may be aggregated into the main purchase
  • Submission of Police clearance certificate
  • Payment of application fees, currently €2,000 per adult and €80 per child
  • Payment of an approval fee, currently €5,000 per adult

The principal property may be sold after a period of three years but the investor must always maintain a property with a value of at least €500,000.

To discuss your options and how this programme may benefit you, please contact us.

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