Acquire a second passport with European Union citizen status in six months.
The Cyprus Citizenship by Investment program offers applicants the simplest and the most efficient means of obtaining Cyprus citizenship, which provides full EU rights, including the rights to live and work in any EU country as EU citizens. Cyprus passport holders also enjoy visa-free travel to more than 170 countries and regions, and the rights in Switzerland, Iceland, Lichtenstein & Norway which participate in the European Economic Area (EEA). The program is suitable for the high-net-worth individuals. It requires an investment of EUR 2 million in residential real estate, which must be retained for a period of three years (the property can be sold after 3 years from the naturalization). All nationalities are eligible to apply, and the processing time is 6-8 months from the submission.Eligibility Assessment Talk to expert
Cyprus Citizenship by Investment
1, To be over the age of 18;
2, Have no Criminal Record;
3, To make a €2 million investment in residential real estate (in a single property or portfolio) for 3 years.
The application for the grant of the Cypriot citizenship to the children of the investor that are under the age of eighteen is submitted after the investor had acquired the Cypriot citizenship and provided that the other parent consents to the grant of the citizenship.
The right to apply for Citizenship is also granted to the financially dependent adult children of the Investor. The Decision of the Council of Ministers has determined that it will regard as financially dependent adult children individuals belonging to one of the below categories: (a) students up to the age of 28 that are attending an institution of higher education aiming to obtain a diploma or an undergraduate or a master’s degree. The Decision excludes individuals who are studying for the acquisition of a professional qualification (e.g. chartered accountants or barrister). (b) children with severe physical or mental disability that renders them unable to work. The application can be submitted after the investor had acquired the Cypriot citizenship.
Investor’s Parents:The parents of the investor may apply for citizenship after the investor had acquired the Cypriot citizenship. In order for the investor’s parents to be able to apply for citizenship they need to hold a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500.000, plus V.A.T.
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