Strategically located in the heart of the Mediterranean, Cyprus sits at the crossroads of Asia, Africa and Europe. Boasting a rich and diverse culture, the island nation is a major hub for business along with being a popular tourist destination.
Offering visa-free travel to over 150 nations, Cyprus is a relatively newer member of the European Union but is an established and active member of the British Commonwealth. The Cyprus Citizenship by Investment Program is ideal for business and investment purposes recognizing numerous investment opportunities for investors.
To qualify for citizenship, an applicant must hold a permanent privately-owned residence in Cyprus worth at least €2,000,000 (held for 3 years) in one of the following:
Real estate, land development, or infrastructure projects (Note: Should the investor opt to purchase residential real estate at Eur2,000,000, there is not a requirement to purchase an additional property of Euro500,00 – a saving of Eur500,000European citizenship and passport in 6 months
No residency requirement or interview to acquire citizenship
Visa-Free travel to more than 150 countries and territories, including Schengen, UK, and Canada
Right to live, work, and study anywhere in Europe
Dependent children up to 28 years old can be part of the same application
Citizenship is granted for life and is irrevocable
No tax on foreign income for non-residents
Dual citizenship is allowed in Cyprus