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Cyprus Citizenship By Investment

Cyprus Citizenship By Investment

  • The Cyprus Citizenship Program is paused from 1st November 2020
  • Minimum investment
    € 2,200,000
  • Investment term
    5 Years
  • Visa free travel to
    173 countries,
    including UK & EU
  • Сyprus Passport in
    Just 6 months
  • Live, work or study in any of the 28 European member states
book a free consultationfree consultation

As of 1st November 2020, the Cyprus Investment scheme is paused.

In the meantime, to relocate to Cyprus, investors may consider the Cyprus Residency Program. Contact us to receive updates on the new Cyprus Citizenship Investment scheme or to discuss your personal circumstances in a private consultation.

Cyprus Investment Program Benefits

The Cypriot Investment Program enables eligible applicants to obtain Cyprus сitizenship in just six months through property investment. It is the only direct citizenship program in Europe offering such a simple way of obtaining dual citizenship without residency requirements, with an investment minimum of €2,200,000. Cyprus citizenship grants applicants and their families the freedom to live, work or study in all 28 European member states with visa-free access to over 173 countries worldwide. Investors may reduce their property investment to €500,000 after five years of citizenship being granted.
  • Cyprus Investment Program Benefits

    Fast processing

    Obtain Cypriot Passport in 6 months.
  • Cyprus Investment Program Benefits

    Visa-free travel

    to 173 countries, including UK & EU.
  • Cyprus Investment Program Benefits

    Entire family are eligible

    
Including spouse, children, adult dependants (up to 28 years old), parents of the main applicant and their spouse.
  • Cyprus Investment Program Benefits

    One-time visit to Cyprus

    To provide biometrics for the PR Permit is required.
  • Cyprus Investment Program Benefits

    Member of the EU

    Enjoy EU Freedoms to live, work, study or travel anywhere in the EU.
  • Cyprus Investment Program Benefits

    Minimum investment period

    Investments to be kept for 5 years after citizenship is granted.
  • Cyprus Investment Program Benefits

    UK settlement status

    Easy three step process to UK Settlement by proving EU identity, UK residence & clean criminal record.
  • Cyprus Investment Program Benefits

    Attractive tax regime

    Zero taxes for non domiciled individuals. No dividend tax and no inheritance tax.
  • Cyprus Investment Program Benefits

    Insurance policy

    “Insurance policy” with family security guaranteed. Have a plan B for economic & political stability.
  • Cyprus Investment Program Benefits

    Education matters

    Provide your children with access to top-rated universities with lower EU tuition fees.
  • Cyprus Investment Program Benefits

    Dual citizenship

    Cyprus allows for dual citizenship.
  • Cyprus Investment Program Benefits

    Valid for life

    Transferable to descendants.
Astons - Leading Cyprus Citizenship Provider

Book a Free Consultation with Astons Trusted Adviser

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Are there any family dependents applying with you? If yes, please specify the total number of applicants.

* $100,000 is the minimum investment entry for Astons Citizenship and Residency Programs.
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Visa-free travel to 173 countries worldwide

Global visa-free travel without visa applications and restrictions. Enhance your travel mobility with a Cyprus passport — get visa-free access worldwide, including in the EU & UK. Go on a last-minute business trip or take your family on a spontaneous holiday in Europe.

Visa-free travel to 173 countries worldwide
book a free consultationfree consultationvisa-free countries

Investment options

With a plethora of investment options on offer, from the smaller residential properties to luxury villas and also prime commercial property, Cyprus is genuinely one of the best locations to invest in. To qualify for the program you can either invest in residential real estate or a combination of real estate and/or other investment instruments. Either option involves a non-refundable government donation. After 5 years both options allow reduction of investment to €500,000 indefinitely held residential property.

  • OPTION 1

    €2,200,000 = €2,000,000 real estate + €200,000 donation

    • €200,000 donation: of which €100,000 goes to the Cyprus Land Development Corporation, and the further €100,000 to either of the: Research and Innovation Foundation, Renewable Energy and Energy Saving Fund, Service of Industry and Technology or to the National Solidarity Fund.
    • €2,000,000 minimum investment (exclusive of VAT, if applicable) in residential real estate with option of multiple purchases to make up the required real estate investment value.
    • The minimum investment period is set for 5 years, after which all the acquired assets can be sold, allowing you to release your capital. However, in order to retain Cyprus Citizenship, the applicant is required to hold real estate to a minimum value of €500,000 as their main address.

  • OPTION 2

    €2,700,000 = €2,500,000 Combination of investments + €200,000 donation

    • €200,000 donation: of which €100,000 goes to the Cyprus Land Development Corporation, and the further €100,000 to either of the: Research and Innovation Foundation, Renewable Energy and Energy Saving Fund, Service of Industry and Technology or to the National Solidarity Fund.
    • €2,500,000 investment in any one or a combination of the below:
      — Real estate including residential, commercial, infrastructure and land (providing the land has development plan in place)
      — Creation, participation in or acquisition of a Cyprus company
      — Investments in shipping investment sectors
      — Alternative Investment Funds (AIFs) or Cyprus entity of financial CySEC regulated financial assets, with activities in Cyprus
    • The investment must be kept for a minimum period of 5 years.

Cypriot Citizenship Acquisition process

Astons’ focus is to provide a hassle-free and seamless service assisting you with the citizenship application. We will guide you through every step of the Cypriot citizenship acquisition process with due diligence and care, ensuring that your application is submitted correctly and followed up to application approval.

Cypriot Citizenship Acquisition processCypriot Citizenship Acquisition processCypriot Citizenship Acquisition process
3–4 days
Preparation
1
Talk to Astons immigration advisors

Our specialist immigration advisors will evaluate your personal circumstances and assist you in selecting investment options most suitable to you, matching the requirements with the application criteria, to ensure successful application.

In order to apply you must:

- be at least 18 years of age
- have no previous criminal convictions
- and no frozen assets within the EU as a result of sanctions.

Citizenship can be granted to the entire family, including spouses, children, adult dependants up to the age of 28 (providing they are students working towards a First or Masters University degree), and parents of the main applicant and their spouse.

Read more
2
Choose investment options

Investing in Cyprus has never been so attractive, not only bringing you a high quality property investment, but also a much coveted European passport.

With a plethora of investment options on offer, from the smaller residential properties to luxury villas and also prime commercial property, Cyprus is genuinely one of the best locations to invest in.

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

Option 2, Combination of Investments – €2,500,000

This option allows you to invest €2,500,000 in any one or a combination of the below:
— Real estate including residential, commercial, infrastructure and land (providing the land has development plan in place)
— Creation, participation in or acquisition of a Cyprus company
— Investments in shipping investment sectors
— Alternative Investment Funds (AIFs) or Cyprus entity of financial CySEC regulated financial assets, with activities in Cyprus

After five years you can sell your investment other than your primary residence to the value of €500,000 which must be held indefinitely.

Read more
3–4 days
Visit Cyprus to view properties
3
Visit Cyprus to view properties and evaluate investment options

Based on your requirements we will carefully select the most suitable properties for you and arrange direct viewings in Cyprus.

We are here to guide you through the purchasing process of the property or other investment options, providing impartial advice for the benefit of our clients. We engage with qualified independent lawyers who can assist you in your purchase and ensure that your property acquisition will be handled correctly.

We recommend planning for a 2 to 5 day visit

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4
Sign a contract of sale & submit biometrics

While you are in Cyprus, and after selecting the property, you'll be required to sign a contract of sale and provide biometrics at the Civil Registry and Migration Department (CRMD).

180 days
Processing time
5
Prepare & submit citizenship application

Our immigration specialists and lawyers will evaluate all documents with due diligence and care and submit your citizenship application to the Ministry of Interior, for preliminary approval.

Documents Required:

- Recent utility bill
- Two passport sized photographs
- True Copies of the applicant’s valid passport
- Investor’s CV with brief description of investment substance
- Investor’s application in the standard format and translated to English
- Birth certificates
- Marriage/civil partnership certificate
- Certificates of criminal record

All the above must be translated into English and be duly authenticated and apostille stamped from origin and resident country.

During your stay in Cyprus you will be required to swear under oath at the District Courts of Cyprus (in any city) that the information indicated in the Citizenship by Investment application is true and correct.

Read more
6
Receive an application approval

Once you receive an application approval from the Ministry of Interior, the procedure for the acquisition of the Cypriot citizenship will be concluded, following the completion of a 6 month period holding the residence permit.

Cypriot Citizenship Acquisition process
7
Acquire a Cypriot Passport in 180 days

In just approximately 180 days, you can become a Cypriot citizen and enjoy all the freedoms that EU citizenship offers, including visa free travel to 173 countries worldwide.

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