|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|
Benefits of Cyprus Citizenship
Immediate access to 160+ countries without visa
Obtain irrevocable citizenship and passport
Take full control of your and your family’s wealth
Visa Free Countries For Cyprus
Antigua and Barbuda
Bosnia and Herzegovina
Papua New Guinea
Saint Kitts and Nevis
Saint Vincent and the Grenadines
São Tomé and Príncipe
Trinidad and Tobago
United Arab Emirates
Steps of Cyprus Citizenship
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.
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.
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.
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).
It takes approximately three months for the application for naturalization to be examined and approved.
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
Investors are required to make a donation to the “Research Promotion Foundation” (RPF).
Investors are required to make a donation to the “Cyprus Land Development Corporation” (CLDC).
2) Purchase of residential property in Cyprus
The applicant must purchase a residence in Cyprus as single property or portfolio.
In the instance where a residential property acquired had already been used by another investor in the CIP the required investment amount is increased.
3) Government Fees
- 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
- A property purchased up to three years prior to the submission of the citizenship application will count towards the required investment.
- The applicant must hold a valid Schengen Visa.