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Cyprus

Citizenship by Investment

Minimum Investment

0 €
Donation

Minimum Investment

0 €
Real Estate

Time To Citizenship

0
Months

Visa-Free Access

0 +
Donation
About
Benefits
Visa-Free Countries
Steps
Costs

About Cyprus

CAPITAL: TOTAL AREA: POPULATION LANGUAGE(S):
Nicosia 9,251 km² 1.17 million Greek, English
CURRENCY: EXCHANGE RATE: GDP – PER CAPITA (2016): GDP – TOTAL (2016):
Euro (EUR) 1 USD = 0.86 EUR USD 23,324 USD 19.8 billion
Boasting a rich and diverse culture, Cyprus offers investors a safe and stable environment which is ideal for raising families. At the crossroads of Europe, Asia, Africa and the Middle East, Cyprus is the perfect setting for global travel. An important member of the European Union, it is also an active member of the British Commonwealth. The Cyprus Citizenship by Investment Program is ideal for business and investment purposes recognizing numerous investment opportunities for investors.

Benefits of Cyprus Citizenship

Protected by the government citizenship law
Immediate access to 160+ countries without visa
Obtain irrevocable citizenship and passport
Take full control of your and your family’s wealth
  • Fast-track procedure allowing for European Citizenship in 3 months.
  • As a citizen of Cyprus, you are automatically a citizen of the European Union (EU) and entitled to consular protection and support from any EU consulate globally.
  • The Cypriot passport allows for visa-free travel to 157 countries worldwide including the EU, UK and Canada.
  • Freedom to study in schools or universities across the EU for free or at discounted rates exclusive for EU nationals.
  • Unrestricted right to live and work in Europe with access to state of the art healthcare.
  • One of the lowest taxation rates in Europe with no foreign income tax, inheritance tax and withholding tax on interest earned.
  • Trade freely across all 28 EU countries and a market of over 500 million people.
  • The program is open to all nationalities.
  • No language test requirements.
  • Dual citizenship permitted allowing you to keep your existing nationality.
  • Dependent children under 28 years qualify for citizenship on the basis of their parents’ applications provided they are in consecutive levels of education e.g. Bachelors, Masters, PhD or with severe physical or mental disabilities.

Visa Free Countries For Cyprus

Albania
Andorra
Angola
Antigua and Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bolivia
Bosnia and Herzegovina
Botswana
Brazil
Brunei
Bulgaria
Cambodia
Canada
Cape Verde
Chile
Colombia
Comoros
Costa Rica
Croatia
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Gambia
Georgia
Germany
Greece
Grenada

Guatemala
Guinea-Bissau
Haiti
Honduras
Hungary
Iceland
India
Indonesia
Iran
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Kuwait
Kyrgyzstan
Laos
Latvia
Lebanon
Lesotho
Liechtenstein
Lithuania
Luxembourg
Macedonia
Madagascar
Malawi
Malaysia
Maldives
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia
Moldova
Monaco
Montenegro
Morocco
Mozambique
Myanmar
Nepal
Netherlands
New Zealand
Nicaragua
Norway
Oman
Palau

Panama
Papua New Guinea
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
São Tomé and Príncipe
Senegal
Serbia
Seychelles
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Korea
Spain
Sri Lanka
Swaziland
Sweden
Switzerland
Tajikistan
Tanzania
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Turkey
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Vanuatu
Vatican City
Venezuela
Zambia
Zimbabwe

European citizenship

Cyprus
Malta
Moldova
Montenegro
Turkey

Steps of Cyprus​ Citizenship

Step 1

SA consultants will pre-screen your passport for government pre-approval. A down payment for professional fees will be applicable in order to start your application.

Step 2

You select the property and sign the reservation agreements. After this, you're required to sign the naturalization application in Cyprus or at the Embassy.

Step 3

SA Consultant’s professional team will prepare all of the required property documents. We will perform due diligence on the chosen property and draft the sales agreement. You're required to sign the sale agreement, lodging it at the land registry and pay the purchase price.

Step 4

SA Consultant’s professional team will assist and advise you with the collection of the documents required for the naturalization application. You're required to visit Cyprus to apply for a PR permit (this is a new condition introduced under the revised criteria issued in September 2016).

Step 5

It takes approximately three months for the application for naturalization to be examined and approved.

Step 6

Under the new criteria issued in September, six months must have elapsed from the date of obtaining the Immigration Permit. After six months you're required to visit Cyprus to swear the oath of allegiance. The remaining professional fees have to be paid. You will then receive the Cypriot passports and ID’s.

Costs of Cyprus Citizenship

In accordance with Regulations issued by virtue of the Civil Registry Laws, applicants seeking Cypriot citizenship by investment must meet the following criteria:

1) Donation

Investors are required to make a donation to the “Research Promotion Foundation” (RPF).

RPF Donation

EUR 75,000

Investors are required to make a donation to the “Cyprus Land Development Corporation” (CLDC).

CLDC Donation

EUR 75,000

2) Purchase of residential property in Cyprus

The applicant must purchase a residence in Cyprus as single property or portfolio.

Minimum Investment
EUR 2,000,000

In the instance where a residential property acquired had already been used by another investor in the CIP the required investment amount is increased.

Minimum Investment
EUR 2,500,000

3) Government Fees

Application fees

Per person
EUR 2,000
Minor child
EUR 80

Approval fee 

Per person
EUR 5,000

Conditions

  1. The main investment may be sold after five years; however, the investor must always maintain/purchase a property with a value of at least 500,000 EUR
  2. A property purchased up to three years prior to the submission of the citizenship application will count towards the required investment.
  3. The applicant must hold a valid Schengen Visa.

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