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Nestled in the warm Mediterranean waters between Europe, the Middle East, and Africa, the Republic of Cyprus beckons to investors looking for a quick turnaround on their permanent residency or citizenship and passport application. The third largest and third most populous island in its home sea, Cyprus claims to be the legendary birthplace of the classical goddess of love and beauty, Aphrodite. Indeed, the Cypriot landscape has witnessed centuries of civilizations that have succeeded each other. Now, tourists flock to visit the remarkable Roman villas, Byzantine churches, Crusader fortresses, Ottoman mosques, and prehistoric sites that dot the countryside.
Processing Time
6 months
Donation or Investment From
€ 300,000 EUR
Visa-Free Travel Within
EU
Benefits
Live, work and study anywhere in the European Union
Processing time approximately 6 months
No residency required
No language skill requirement
Visa Free access to 170+ countries (UK; EU; Canada)
Low tax rates and free trade environment within the EU
No worldwide income tax
Dual citizenship permitted
Key Facts
Capital
Nicosia
Languages
Greek | Turkish | English widely spoken
Currency
Euro (EUR)
Population
1,200,000 (2013 Estimate)
Investment Options
€2,000,000
Real Estate Investment
A minimum investment of €2,000,000 (plus VAT) in a newly built residential property is all that is required for the right to Cypriot citizenship. If the residential property had already been purchased under the CIP, then the required investment will be €2,500,000.
NOTE: At least one property should be a permanent privately owned residence with a minimum value of €500,000 (plus VAT).
€2,500,000
Combination of Investments
A combination investment option requires a total amount of €2,500,000. A purchase of Government bonds(maximum €500,000) plus a residential property of €2,000,000 (plus VAT) for a total investment value of €2,500,000.
We offer you citizenship by investment programs, company formation services, and an array of options that allow you to secure citizenship and obtain additional passports without residency obligations.
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Program Brochure
Learn more about the country and it's citizenship by investment.
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