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Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.

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.

Fast processing

Obtain Cypriot Passport in 6 months.

Visa-free travel

to 173 countries, including UK & EU.

Entire family are eligible


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

One-time visit to Cyprus

To provide biometrics for the PR Permit is required.

Member of the EU

Enjoy EU Freedoms to live, work, study or travel anywhere in the EU.

Minimum investment period

Investments to be kept for 5 years after citizenship is granted.

UK settlement status

Easy three step process to UK Settlement by proving EU identity, UK residence & clean criminal record.

Attractive tax regime

Zero taxes for non domiciled individuals. No dividend tax and no inheritance tax.

Insurance policy

“Insurance policy” with family security guaranteed. Have a plan B for economic & political stability.

Education matters

Provide your children with access to top-rated universities with lower EU tuition fees.

Dual citizenship

Cyprus allows for dual citizenship.

Valid for life

Transferable to descendants.
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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.

    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.

    1

    Talk to Astons immigration advisors

    3–4 daysPreparation

    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.

    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.

    3

    Visit Cyprus to view properties and evaluate investment options

    3–4 daysVisit Cyprus to view properties

    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

    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).

    5

    Prepare & submit citizenship application

    180 daysProcessing time

    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.

    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.

    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.

    Why Our Clients Choose Us

    Decades of experience in immigration

    Over 30 years of experience in investment, immigration and relocation sector.

    Proactive at all times

    We are always at hand 24/7 and quick to respond. All documentation is processed rapidly and managed efficiently.

    Authorised Government agent

    We always perform with the highest integrity and the best interests of our clients in mind. We are regulated by the respective authorities in our countries of operation.

    A company which is internationally operative

    With our international offices in UAE, Turkey, Cyprus, USA, Malta and Portugal we ensure that our clients receive the most effective and efficient client care available.

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