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Cyprus Citizenship by Investment

The Cypriot Citizenship by Investment Program currently offers the quickest route to citizenship within the EU from application submission in only 180 days. Cyprus citizenship grants applicants and their families the freedom to live, work or study in any of the 28 European member states with unrestricted visa-free access to over 173 countries worldwide.

Attaining a Cyprus passport is one of the most cost-effective options, as investors may significantly reduce their property investment amount to €500,000 after 5 years from the citizenship being granted.

Advantages:

  • Visa-free travel to around 173 countries and territories
  • Ability to pass on citizenship to future generations
  • Citizenship for life, with the right to live and work in all 28 EU countries
  • Right to hold dual citizenship
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More Benefits

Fast-track Citizenship

Fast-track Citizenship

The fastest route to EU Citizenship. Passport granted in 180 days

Visa-free travel worldwide

Visa-free travel worldwide

to 173 countries, including UK & EU

Member of the EU

Member of the EU

Including spouse, children, parents and grandparents

One-time visit to Cyprus

One-time visit to Cyprus

To provide biometrics for the PR Permit is required

 
Member of the EU

Member of the EU

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

Minimum investment period

Minimum investment period

Investments to be kept for 5 years after citizenship is granted

UK settlement status

UK settlement status

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

Attractive tax regime

Attractive tax regime

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

 
Insurance policy

Insurance policy

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

Education matters

Education matters

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

Dual citizenship

Dual citizenship

Cyprus allows for dual citizenship

Valid for life

Valid for life

Transferable to descendants

Country Overview

Cyprus

Cyprus

Capital city

Capital city: Nicosia

Visa free countries

Visa free countries: 173

Total area

Total area: 9,251 km²

Nearest country

Nearest country: Turkey

Languages

Languages: Greek, English

Currency

Currency: Euro (€)

Population

Population: 1.2 million

Time zone

Time zone: Eastern European Standard Time (GMT+2:00)

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Step 1
Registration

Registration

Click on the "Apply Now" or "Chat Now" button and leave a brief description of your needs.

Step 2
Consultant

Consultant

One of our experts will get back to you shortly to discuss about your needs and offer reasonable options for your budget.

Step 3
First Payment

First Payment

After you agree with our plan, you will have to make a deposit payment.

Step 4
Submit Docs

Submit Docs

We will assist you in filling out the necessary forms for the government registration process. You only need to provide the requested personal information.

Step 5
Get approval

Get approval

We will work with the government on your behalf. We guarantee you the earliest approval time.

Step 6
Government Payment and Last Payment

Government Payment & Last Payment

You will pay the prescribed government fee depending on the citizenship/ residency method you choose. You will pay the remaining service fee to us. Get your certificate and second passport.

Ways To Get Your Second Passport

Fulfill both the below contributions:

Funds

FUNDS

Donation of €75,000 to the Research & Innovation Fund or another certified innovation enterprise + €75,000 to the Cyprus Land Development Corporation.

PROPERTY/ BUSINESS

PROPERTY/ BUSINESS

Select one of the following options:

a. Investment in real estate, developments & infrastructure projects at least €2,000,000; or

b. Purchase & establishment of or participation in Cypriot businesses & companies having a demonstrable & tangible presence in Cyprus at least €2,000,000 , and employ at least 05 Cypriot citizens; or

c. Investment in alternative investment funds or financial assets of Cypriot enterprises at least €2,000,000 or Cypriot organizations licensed by the Securities and Exchange Commission at least €2,000,000 in the form of bonds, securities, & debt securities; or

d. Investment in combination of the above investments, provided that the total investment is at least €2,000,000.

That’s it. Within a few months, you will have your second passport.

*For more details on schedule of fees, when to pay, how much to pay, please download our Cyprus Citizenship by Investment Program Kits.

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Requirements

  • Possess a valid passport.
  • Hold no criminal record.
  • Hold a valid Schengen Visa.
  • Has no rejection from any other member-state of the EU.
  • The main applicant’s property is not frozen within the boundaries of the EU.
  • Possess a residency permit in the Republic of Cyprus, for a period of six months before being granted citizenship.
  • Own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.
  • In the case that one chooses to invest in residential properties only and one of the residential properties is priced at at least €500,000, then the total investment amount must be €2,000,000.
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Frequently asked questions (FAQ)

1. Does a Permanent Residency Permit (PRP) help towards obtaining Citizenship?

A holder of a PRP who eventually wishes to be granted Citizenship has an advantage in that he may legally reside in the Republic for five consecutive years prior to filing an application for Citizenship by naturalisation in the traditional way (as opposed to the Citizenship by Investment route). This is the only advantage afforded even though many persons opt to obtain the PRP first, and subsequently proceed with an application for Citizenship by Investment, especially when they intend to reside in the Republic with their families.

2. How long is the examination period for the Citizenship application?

Upon filing of a completed Citizenship application, it usually takes between two to three months before a decision is made by the Ministry of Interior.

3. Is it a requirement that an applicant must live in Cyprus prior to or after Citizenship being granted?

There are no residency prerequisites either prior to filing the Citizenship application or following the granting of Citizenship. This is one of the many benefits of the Cypriot Citizenship by Investment program, when compared to other EU Citizenships programs.

4. When does the successful applicant receive their Cyprus passport?

Once citizenship is granted, the applicant can receive a Cyprus passport on the same day simultaneously with the issuance of the naturalization certificate, if done in person in Cyprus. On that day, the applicant issued a sworn statement that he accepts citizenship and can then obtain the Cypriot passport issued by the Ministry of Interior, on payment of acceleration fees of €120. Alternatively, the applicant may obtain the Cyprus passport any time after the naturalisation certificate is issued, from the Citizens Service Centers at a lower cost of €70, but it could take up to two weeks to have the passport issued in this case. A Cypriot passport will also be issued to the Investor's spouse and dependent children up to the age of 27, provided they are in full-time education.

5. What does "acquisition of businesses or companies based in Cyprus" mean precisely?

This criterion pertains to a €5m/€2.5m (depending on whether the application is submitted as a group or individual) investment in the participation rights or shares of a Cyprus company(ies) that maintains offices and operates in Cyprus, employing a minimum of five Cypriot citizens, for a period of three years.

An eligible company/business can also be one that was acquired by the Investor, up to three years prior to filing his citizenship application.

In all cases, the Investor must demonstrate the correlation with the companies or businesses purchased. This requires the investor to continue to be an owner or be directly involved in the operations of the businesses acquired.

6. In regards to satisfying the financial criterion of investment into real estate, are real estate properties purchased by the applicant in the past eligible?

Any property purchased three years prior to filing the Citizenship application is eligible. Additional properties may be purchased in order to meet the total sum required for this investment criterion, namely €5 million (or €2.5 million in the case of a group application).

GIS Club

There are four rank levels of Global Immigration Services membership. Advance through three elite ranks when you meet qualifying criteria. Enjoy elevated rewards and experiences throughout your journey. Explore the benefits for all levels. Earn and redeem credit points for our services.

Earning points

Earn Credit Points on qualifying purchasing of services. You’ll earn credit Points for every eligible U.S. dollar spent.

Using points

Spend credit points directly for your invoice. 100 credit points = US$ 1.

Insights

Cyprus CIP expected to break records for 2019

About Us

Global Immigration Services Group (GIS) is an Immigration Services Provider focusing on Second Citizenship by investment programs & Residency Programs.

We offer a variety of Second Passport options including but not limited to; Caribbean Citizenships such as Saint Kitts & Nevis, Grenada and Dominica. European Second Citizenship by investment programs inclusive of Cyprus and Malta. As well as other Residency Programs such as Portugal and Greece...

Our selection of established and well-respected Developers, excellent Government Relations and Caribbean Contacts makes us the obvious choice for all your Citizen & Residency needs.