Last reviewed on June 5, 2024

Cyprus Citizenship by investment

Applications for Cyprus Investment Programme are supposed to be examined within 6 months

2 mln. euro

Investment amount

6 months

Obtaining period

5 years

Return of real estate investment

Since In May 2013, the Government of Cyprus introduced changes to its legislation allowing foreign investors to obtain citizenship of Cyprus through the special government program — Cyprus Investment Programme. Last changes to the Programmes was made in May 2018.

Key concept of the program: applicants invest in real estate or government bonds of their choice or invest to the alternative investment funds as well as to the Cypriot company. As a result, they obtain citizenship of Cyprus within couple of months (from 6 months) and for all family members including parents.

Cyprus citizenship by investment program has been closed since November 1st, 2020

We follow the news: as soon as the program is restarted, we’ll tell you about it first. Subscribe to our Facebook page to receive only verified information about investment programs.

Why most investors prefer Cypriot citizenship?

  • 1

    Citizenship of Cyprus after 6 months

    Timeframe: from 6 months
    Unlike other EU programmes, you may obtain approval of Cyprus Investment Programme after 6‑7 months. For instance, according to the programme of Malta, you may obtain the citizenship after 12- 14 months. Other countries of EU grant the citizenship only after 5 — 10 years via naturalisation.

  • 2

    All family members may participate in Cyprus Investment Programme

    Applicable to investor’s parents and children up to 28 years of age!
    According to this program, all family members, including parents and adult children up to 28 years of age, can obtain Cyprus citizenship. No other program offers such conditions for adult children. Your family will be able to reap all the benefits of Cyprus citizenship including living, working and studying in any EU country!

  • 3

    Choosing residence and optimizing tax liabilities

    Traveling 158 countries visa-free
    Successful approval of Cyprus Investment Programmes enables you to visit 150+ countries visa-free and reside in any EU member state. You can even relocate your family to Cyprus or other country of Europe as well as for traveling and tax optimization purposes.

Benefits of investing to the Cyprus economics to obtain the citizenship

  • "A safety net" in Europe

    Cyprus citizenship enables you to permanently reside in the country, as well as to enable you to relocate to any other country of the Europe. In this case, you will possess a travel document. Also, you will be able to open bank accounts and register companies and real estate using your second citizenship.

  • Tax optimization

    Cyprus has the lowest corporate tax rate (10%) among the EU countries. It also has treaties eliminating double taxation with 50 countries. However, you do not automatically become a Cypriot taxpayer, but have the right to choose the jurisdiction you wish to pay taxes to.

  • A stable income

    Every year, more than three million tourists visit Cyprus and this creates a great demand for rental properties. Having signed a cooperation agreement with us, you will receive an ROI of 4% per annum and more. We will take care of property maintenance, searching for tenants and the tax arrangements.

    Full info about the benefits and tax optimization opportunities of a Cyprus citizenship

Refund guarantee

We are so confident you will be granted your citizenship in Cyprus that we guarantee a full refund in case your application is denied. Moreover, the payment is transferred to an escrow account which can be accessed only upon getting the approval from the client’s lawyer.

Investment options for obtaining citizenship of Cyprus

1 option

Residential properties — € 2 million

Additional investments: none

2 option

Commercial properties — € 2 million

Additional investments: € 500,000 investment in residential properties

3 option

Shares in Cypriot Companies € 2 million

Additional investments: € 500,000 investment in residential properties

4 option

A combination of the options € 2 million

Additional investments: € 500,000 investment in residential properties

Procedure applicable to Cyprus Investment Programme


1-3 days

Preliminary Due Diligence

We conduct Due Diligence, which allows us to make summary stating the possibility to obtain Cyprus Citizenship and reduces the risk of refusal.

If during the verification process there are questions that could affect the outcome of the application, we will recommend alternative programs.

Immigrant Invest is the only company in the industry that has a Due Diligence Department. We have a Compliance Anti Money Laundering Officer certified by an international association.

More Detail

Choosing an investment option

During the first stage, you need to decide on the investment option in order to obtain citizenship of Cyprus. In case of property option, selection process can be arranged remotely followed by direct viewings in Cyprus.

We select the properties that match your criteria. Next, we organize your trip to Cyprus (for instance, if you need to view property). We cover all expenses associated with flights, accommodation and transfers!


2-5 days

Signing a contract

Upon selecting an investment option, you need to sign respective contract (i.e. property purchase contract). This can be signed either in Cyprus or remotely, upon your return.

The payment specified in the contract is transferred to the escrow account which can be accessed only upon getting the approval from your lawyer.


3-7 days

Preparing and submitting the papers

At this stage, you need to provide us with a minimum set of documents. We take care of translations, apostille and filling out the forms.

Once the documents are ready, we submit them to the Ministry of the Interior of Cyprus. At the same time, you will need to pay a EUR 2,000 fee for each adult applicant.


from 5-6 months

Application approval and documents

Typically, the Ministry of the Interior of Cyprus issues a positive decision within 4‑6 months. After that, you have to pay a EUR 5,000 fee for each adult applicant.

Within 3 months and under our guidance, you will be required to register a certificate of naturalization in order to obtain Cyprus identity document.

It is possible to submit and obtain the documents in Cyprus.

Schedule a meeting

Let's discuss the details

Schedule a meeting at one of the offices or online. A lawyer will analyze the situation, calculate the cost and help you find a solution based on your goals.

Prefer messengers?

Schedule a meeting

Let’s discuss the details

We will develop an individual solution, select a country and status that will solve your problems, and accompany the entire process.

Zlata Erlach
Zlata Erlach

Head of the Austrian office

Prefer messengers?