The Cyprus Citizenship programme enables investors and their families to receive a Cyprus European passport when they make an investment in Cyprus. The investment must total at least €2,000,000 +VAT and include a private residence with a value of at least €500,000 +VAT. Within three months the application will be approved and in six months, investors can be expected to receive their passports. This includes three generations: The investor, the investor's spouse, the investor's parents and the investor's minor or adult children.
The Cyprus Passport
The Cyprus Passport is ranked 13th best in the world. Cyprus Citizens are entitled to visa-free travel to 159 countries and can live, work or study anywhere in Europe. After an investment, it takes 3 months to approve a Cyprus Citizenship and 6 months to process the passport.
Freedom to live, work and educate your children anywhere within the EU
Travel visa-free to more than 159 countries
Passports are issued to the whole family
Parents of the investor can be included*
Financially dependent adult children up to the age of 28 can be included**
Citizenships are approved after 3 months of application and processed in 6 months
There are no physical residency requirements
There are no requirements for medical tests
There are no language proficiency tests needed
Cyprus allows dual citizenship
Citizenship is passed on by descent, offering a legacy to future generations
No tax consequences unless you opt to become a tax resident
After 3 years investors can liquidate their assets recuperating their investment*
Cyprus is a member state of the European Union with great respect of human rights and personal freedom
Low corporate tax, comprehensive double tax treaty network and no inheritance tax
Quickly and cost effectively obtain visas for other countries, such as the USA
Enables business access to 500 million EU Citizens
*The main applicant's parents are included with an additional purchase of residential property with a value of at least €500,000 +VAT.
**This applies if students are in full time education. Children with disabilities are entitled at any age.
**Investors must, however, maintain ownership of a private residence with a minimum value of €500,000 +VAT.
The Financial Requirements
Investment in Residential Real Estate in Cyprus
Investment in Residential & Commercial Real Estate in Cyprus
Investment in Residential Real Estate & Establishment of a Company in Cyprus
Investment in Residential Real Estate & Purchase of Shares in a Company in Cyprus
The Application Process
After the investment has been paid in full, the main applicant (the investor) and his/her spouse submit all the necessary documents to the Ministry of Interior.
The Ministry of Interior reviews the application and grants a ‘Citizenship Confirmation’ letter.
The main applicant and his/her spouse travel to Cyprus to provide Biometric data for a Permanent Residence permit.
5 days later, Permanent Residence cards are available to be sent to the main applicants
3 months after the Date of Issue registered on the Citizenship Confirmation letter, the Citizenship is approved by the Ministry of Interior. The main applicant and his/her spouse are Citizens of the Republic of Cyprus.
6 months after the Date of Issue registered on the Permanent Residence cards, the main applicant and his/her spouse are able to travel to Cyprus to swear the oath of allegiance, provide new biometrics and collect their Cyprus European passport.
Minor children are fast tracked and can expect to receive their Cyprus passports around 15 days after the main applicant.
We encourage applicants to complete the steps as soon as they become available for a faster application
Book a consultation to talk with us and discuss the details
Find out more about the Permanent Residence Programme