Cyprus Citizenship


Citizenship-by-Investment Program

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Why Immigrate to Cyprus

Cyprus is a very popular destination for foreign investors to seek citizenship in due to its stable economic environment and European Union member status. Incorporating a prominent political and legal infrastructure, and adopting a highly bespoke taxation system, Cyprus is strategically situated to facilitate strong business and trading relations between EU member states. The cost of living in Cyprus is relatively lower than in many other EU member states, such as the United Kingdom, while the country offers high standards of living, a good education system for all residents, an excellent value for money on real estate, and low taxation.

Main Benefits of Obtaining Citizenship in Cyprus through the Citizenship-by-Investment Program

  • Automatic EU citizenship with the right to live, work, and study anywhere in the EU
  • Visa-Free travel to 171 countries and territories, including Canada, Hong Kong, and Switzerland
  • The citizenship is granted to the whole family – husband, wife, all financially dependent children up to the age of 28. Parents can be included in the application, provided that they are the owners of residential property in Cyprus value of € 500,000
  • Lifetime citizenship; can be passed onto future generations by descent
  • Fast and simple procedure (3 months)
  • Dual citizenship is allowed
  • Acquisition of citizenship in Cyprus is not reported to other countries
  • High standard of living
  • Cyprus passport ranked 17th in the world according to the Visa Restrictions Index

The Investment Citizenship Program is based on a fast-track procedure with reduced time and bureaucracy. In September 2016 the Cyprus Council of Ministers has approved amendments to the Scheme for Naturalization that designed to attract foreign direct investment and encourage the use of Cyprus by high-net-worth Individuals.

Main Requirements

In order to be qualified for Cypriot citizenship, the applicant must meet the following requirements:

Hold no criminal record
Choose one of the prescribed investment options with a minimum value of €2 million
A Permanent Residence Permit will be issued prior to Naturalization.
Keep investments in the country for a minimum of 3 years
Hold a privately owned permanent residence in Cyprus of a minimum value of €500,000 + applicable VAT. If investment is made in residential property, this requirement is not applicable.

Note: Knowledge of the Greek language is not required to obtain citizenship in Cyprus.

Investment Options

1. Real Estate, Land Development, and Infrastructure Projects
An investment of a minimum value of €2 million in the purchase or construction of real estate, land development projects (residential or commercial), infrastructure projects or Investments in building plots or land which can be developed.
2. Purchase, Creation, or Participation in Cypriot Businesses or Companies
An investment of a minimum value of €2 million in the purchase, creation, or participation in businesses or companies that are based and operating in Cyprus. These businesses or companies should evidently have a tangible presence in Cyprus and employ at least five (5) Cypriot citizens. The mandatory conversion of deposits into shares is included in this criterion.
3. Investments in Alternative Investment Funds (AIFs) or financial assets of Cypriot businesses or organizations licensed by CYSEC
An investment of at least €2 million into units in AIFs, bonds, debentures, other securities, registered and issued in the Republic of Cyprus, in companies or organizations with substantial economic activity in Cyprus which are regulated by the Cyprus Securities and Exchange Commission.
4. Combination of investments
The applicant may combine eligible investments provided that the total investment is at least €2 million. The combination of investments may include up to €500,000 of Cyprus Government bonds from the primary market.

Find your ideal immigration solution with the help of our team of experts and get personalized advice based on your specific needs.

Get Started

How We Can Help 

We will guide you through every step of the way to obtaining your second citizenship and passport:

  • Consultation on the application requirements
  • In-depth examination of the circumstances of the case
  • Execution of all preliminary checks with the responsible authorities
  • Assistance with document preparation and drafting
  • Review of application prior to its submission to the relevant authorities
  • Submission of the application to the relevant authorities
  • Monitoring and follow-up on the status of the application

For more information on any of our services, please feel free to contact us.