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Cyprus Citizenship by Investment is available to investors pursuant to the “Scheme for Naturalisation of Investors in Cyprus by Exception” on the basis of Section 111A (2) of the Civil Registry Laws of 2002-2013, based on a Council of Ministers decision dated 19th March 2014.
- How to Obtain A Residence Permit in Cyprus
- Types of Citizenship in Cyprus
- How Can A Foreigner Obtain Citizenship by Investment in Cyprus in 2024?
- Where to Initiate The Visa Application Process?
- Invest EUR 300,000 in Property in Cyprus
- Minimum Yearly Financial Funds
- What Are The Highlights of The Permanent Residency by Investment in Cyprus?
- How Can One Obtain Cyprus Permanent Residence Through Investments?
- Annual Renewal Requirements in Cyprus
- How Can Permanent Residency Turn to Citizenship in Cyprus?
A residence permit in Cyprus can be obtained not only when arriving here forinvestment purposes, but also when relocating for work purposes. The law states that it can be granted for family reunification as well. Here, there are 2 categories: residence permits for citizens of the European Union (EU) and their family members and permits for non-EU c...
We also invite you to learn more about other ways through which citizenship in Cyprus can be granted to a foreigner. In general, there are 3 other main options. One can apply for citizenship by naturalization, by marriage with a Cypriot national, or by Cypriot blood ties. For each of these legal pathways, foreigners will need to comply with differe...
The law that is currently applicable states that foreigners, including investors, will first have to become residents of Cyprus, prior to having the right to apply for citizenship. The advantage of the new program is that successful applicants can become permanent residents if they satisfy the basic requirements, but the rules for citizenship in Cy...
All foreigners who want to relocate to Cyprus must address the competent authorities dealing with immigration matters. This also applies to those who want to relocate here for investment purposes. Thus, it must be noted that the application must be initiated with theCivil Registry and Migration Department, operating under the Cypriot Ministry of In...
If you want to immigrate to Cyprus under this program, employment is not allowed. One of the ways in which residency can be acquired (which will then lead to citizenship in Cyprus), is by investments in properties. The foreigner can qualify if he or she will invest at least EUR 300,000 in a new residential property. It doesn’t matter if the propert...
Besides the types of investments that are accepted, the foreign applicant must make the proof of having sufficient financial funds for personal purposes. Here, a minimum income of EUR 50,000 per year must be proved and in the case in which the foreigner will bring his or her family (requirement imposed starting with 2024, when the authorities incre...
The investment program allows foreigners to explore the legal pathway that can offer them permanent residency, which can be acquired by the applicant’s family as well. Some of the advantages are not related only to the fact that the investor and his or her family receive the right tostay in Cyprus on an indefinite basis. It also allows the right to...
Foreigners can make a make a significant investment in this country, which can take the form of investments in real estate properties or investments in existing or new businesses. The investment program provides a set of advantages, given the foreigner’s financial effort invested in the Cypriot economy. Foreigners who are citizens of countries outs...
Persons who have obtained permanent residency in Cyprus on account ofmaking an investment, are required to comply with yearly requirements that prove that the visa holders still qualify under the initial requirements of their visa. In this case, Cyprus permanent residence, which can open the right to citizenship, can be maintained if the investor p...
If you relocate to Cyprus through the permanent residency by investment program, you will become a permanent resident, if you want to remain in this country. The foreigner will have the right to apply for citizenship after being a permanent resident for 5 years; however, the applicant has to show that he or she started having a close connection wit...
The Scheme enables investors, their families and executives working for these investors to obtain citizenship in Cyprus. Investment options, starting at €2 million, vary between real estate, shares in companies and financial instruments, or combinations of these.
Jul 22, 2019 · • To qualify under the CIP, the main applicant for citizenship must be at least 18 years of age. • The main applicant may also add dependents to a citizenship application including his/her spouse and children, as well as parents, to benefit under the CIP.
May 29, 2024 · May 2024. Are you considering investing in a new citizenship? The Cyprus Citizenship by Investment program, launched in 2013, offers an intriguing option. This guide provides a thorough understanding of the program, its benefits, criticisms, and potential alternatives.
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Pros. Stable legal, tax and regulatory environment. Significant exemptions from taxation: Profit on disposal of shares (and other qualifying ‘titles’, e.g. bonds, debentures). Dividends and interest for Non Doms (17 years).