Cyprus Investment
Scheme
180 DAYS
MINIMUM INVESTMENT
(in residential estate or 2,5 mln. in combination of other
investments)
INVESTMENTS TO BE KEPT FOR ONLY
3 YEARS
VISA FREE TRAVEL TO
159 COUNTRIES
Program Benefits
The Cyprus Investment Scheme currently offers the quickest route to citizenship within the EU, of only 180 days, to accquiring a Cyprus passport from application submission. It is a simple, straightforward process, with the Permanent Residency Permit (PRP), being applied for simultaneously, and being issued in only 7 days.
Astons can assist clients from application submission process, through to issuance of naturalisation certificates and Cyprus IDs and hand holds clients throughout the whole process.
YOUR GATEWAY INTO EU
Passport granted in 180 days
VISA FREE TRAVEL
to 159 countries including 28 EU countries including Switzerland, Liechtenstein &
CanadaNO GOVERMENT DONATION
Cyprus is strictly investment only - unlike Malta and other programs
ONE-TIME VISIT TO CYPRUS
Required to provide biometrics for the PR Permit, which must be held for 6 months prior to naturalization, (equiv. to processing time)
ENTIRE FAMILY ARE ELIGIBLE
including spouse, adult dependants and parents
SIMPLE PROCESS
No medical or language tests required
DUAL CITIZENSHIP
Cyprus allows for dual citizenship
VALID FOR LIFE
Transferable to descendants
ATTRACTIVE TAX REGIME
With zero tax for Non Domiciled Individuals
EU FREEDOMS
Movement of People, Services, Goods & Capital
Download Cyprus Investment Scheme Factsheet
Investment Options
The Cyprus Investmnent Scheme requires a minimum investment of € 2,000,000 in
residential real estate or € 2,500,000 in other investments
Option 1
Residential real estate – €2,000,000- Minimum investment of €1.5 million (exclusive of VAT, if applicable) in residential real estate
- Investment to be held for only 3 years
- Additional Investment of € 500,000 to be held as primary residence, indefinitely
Option 2
Combination of Investments – €2,500,000- Real estate including residential, commercial, infrastructure and land (providing the land has development plan in place)
- Creation, participation or acquisition in a Cyprus company, (certain criteria applies)
- Cyprus government bonds (to a maximum of €500,000)
- Alternative Investment Funds (AIFs) or Cyprus entity of financial assets which are CySEC regulated, with activities in Cyprus
This option allows you to invest €2,000,000 in any one or any of the below:
plus:
- An Additional Investment of € 500,000 to be held as primary residence, indefinitely
Compare immigration programs with Astons' Alternative Citizenship Guide
Eligibility Criteria
The entire family is eligible for the Cyprus Investment Scheme:
Main applicant over the age of 18 and spouse i.e. husband and wife
Children up to the age of 17
Adult children between the ages of 18 to 27, provided they are students working towards either a first university degree, or first graduate degree
Parents of the main applicant, provided an additional investment of €500,000 is made in residential property
Applicants must have a clean criminal record
Applicants must not be on the list of persons whose property has been frozen by the EU
Straightforward & Easy Application Process
Astons aims is to provide a hassle free and seamless service, assisting our clients with their residency and citizenship application and hand holding them through the citizenship process with due diligence and care, ensuring that their application is submitted correctly and following up to application approval. We want to ensure that your EU Passport application is a success and pleasurable experience.
1. Consultation with Astons immigration lawyers
Our сitizenship advisor will evaluate your personal circumstances and assist you in selecting investment options most suitable to you, matching the required criteria to ensure successful application.
4. Request for approval
We will submit the citizenship application and all documentation to the Ministry of Interior, for preliminarily approval and file the confirmation and all documentation to the Civil Registry and Migration Department (CRMD).
2. Preparation of documents
Our immigration specialists and lawyers will evaluate all documents with due diligence and care and prepare the full documentation required, for application submission.
5. Visiting Cyprus
Main applicant and spouse must only visit Cyprus once, at this time to swear under oath of the district Court of Cyprus, that the information indicated in Citizenship by Investment application is true and correct, and to provide biometrics to the CRMD which is required for granting of Cyprus PRP & Citizenship. The PR Permit will be issued 7 days thereafter.
3. Submission of documents
We will assist with preparation of the letter of application to the Government of the Republic of Cyprus and await letter of confirmation.
6. Receiving the Naturalisation Certificates
We will liaise with the CRMD upon citizenship approval to arrange for signing of the Certificates of Naturalisation by the applicants, and for delivery of passports and Cyprus Identification cards.
After Citizenship has been granted to main applicant, Astons will collate and submit all documentation required (including documentation of additional investment made by parents), for citizenship applications, of minor, adult children and parents.
Take the first step -
and we'll take care of the rest.
Fill in the form, to get your free initial consultation.
Results
In just 180 days, you can become a Cyprus citizen and can enjoy all the freedoms that EU citizenship offers, including visa free travel to 159 countries worldwide.
MEMBER OF THE EUROPEAN UNION
Enjoy EU Freedoms to live, work, study or travel anywhere in the EU
SAFETY FOR YOU & YOUR FAMILY
With one of the lowest crime rates in the world great for family life, business and retirement
EU Nationals are Eligible for UK Settlement
By taking three simple steps of proving EU identity, UK residence & clean criminal record
HIGH STANDARD OF LIVING
Access to good quality healthcare, world best rated English schools & universities, and lower EU fees
EDUCATION MATTERS
Provide your children with access to top-rated universities with lower EU tuition fees
PROFITABLE TAXATION
No Dividend Tax or Inheritance Tax. Over 60 double tax treaties in place, including with Russia and UK
Cyprus - a financial centre
Strategically located across three continents: Africa, Europe and Asia with sophisticated legal system based on UK common law
High Quality Lifestyle
With English & Russian languages widely spoken
Over 320 days of sunshine per year
Cyprus ranked as the sunniest relocation destination in the world
About Astons
Astons offers an international & personalised service.
Astons is a global immigration advisory firm, specialising in UK immigration law, EU & Caribbean citizenship investor programs, corporate immigration and property search & acquisition to HNWIs, entrepreneurs and their families.
Our wealth of experience and highly-skilled multilingual team of legal and other professionals, ensures a truly international and personalised service, conducted with absolute discretion, speed and integrity.
Do you need more time to think?
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Other destinations
We also offer alternative citizenship & residency programs and UK Luxury Real Estate Acquisition
UK Citizenship & Residency
EU & Caribbean Citizenship
UK Luxury Real Estate Acquisition
Download the Cyprus Investment Scheme Factsheet
HEAD OFFICE IN LONDON
1 Albemarle street, Mayfair,
London, UK, W1S 4HA
+44 20 7043 6026
+44 20 3384 0190
info@astons.com
REPRESENTATIVE
OFFICE IN MOSCOW
Vozdvizhenka Street, 10
Moscow, 119180
+7 (499) 709 81 93
info@astons.com