Last reviewed on March 28, 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.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!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.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
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.
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.
