Immigration to Cyprus

An important hub in the heart of the Mediterranean, at the crossroads of Europe, Africa and Asia, Cyprus is diverse, culturally rich and perfectly placed for working and traveling within and beyond the European Union. The economy is rapidly recovering from recent recession through significant activities in the shipping, tourism, the legal and financial services sectors, and has also seen a surge in foreign investments and developments, property and investment values.

WHY CHOOSE CYPRUS?

Cyprus boasts a rich and diverse culture, mild Mediterranean climate, a safe and stable setting which is ideal for raising families, and perfect location for business and traveling. Investors also look at Cyprus for business and investment purposes recognizing numerous investment opportunities.

BENEFITS OF THE PROGRAM

Fast-track procedure;
Simultaneous submission of residency and citizenship applications;
Approval of citizenship applications within 3 months for permanent residency in cyprus for non eu person;
No physical residence requirements during or after the application procedure (the only requirement is for one visit every 7 years);

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INVESTMENT REQUIREMENTS

According to the Regulations issued by virtue of the Civil Registry Laws, foreign investors who wish to obtain Cypriot citizenship by investment need to meet the following requirements:

Must hold a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500,000 plus applicable VAT;
Must choose one of the prescribed investment options for €2 million and maintain it for the required duration (3 years);
In the case that one chooses to invest in residential properties only and one of the residential properties is priced at least €500,000, then the total investment amount can be only €2 million.

QUALIFICATIONS

INVESTMENT CRITERIA

Offered in accordance with the Civil Registry Laws 2002-2013, the Naturalization of Investors by Exception Scheme, the program is one of the fastest to lead to residence and citizenship in Europe. To qualify for application for Cyprus residence by investment, you will need to meet one of the requirements outlined in the “Investment Options” section.

APPLICATION CRITERIA

In addition to making a financial investment, applicants must also meet the following requirements:

Must have a valid passport;
Provide proof that the applicant has no criminal record;
Payment of application fees;