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Fees

Single Applicant

Single Applicant

 

Minimum Contribution

Donation to the Institution of Research and Innovation: €75,000 + the Cyprus Land Development Organization: €75,000

And choose ONE of the following criteria:

  • 1. €2,000,000 for the purchase or construction of buildings or for the construction of other land development projects; or
  • 2. €2,000,000 for the purchase or participation in companies or organizations established and operating in the Republic of Cyprus; or
  • 3. €2,000,000 in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organizations that are licensed by Cyprus Securities and Exchange Commission; or
  • 4. Invest in a combination of the above options. The combination of investments must total at least €2,000,000

In addition, applicant may own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.

 

Biometric Passport

€500 per applicant

 

Government Processing Fee

€7,820 per applicant over 18 years old

 

GIS Application Fee

€27,000

Applicant + spouse

Applicant + spouse

 

Minimum Contribution

Donation to the Institution of Research and Innovation: €75,000 + the Cyprus Land Development Organization: €75,000

And choose ONE of the following criteria:

  • 1. €2,000,000 for the purchase or construction of buildings or for the construction of other land development projects; or
  • 2. €2,000,000 for the purchase or participation in companies or organizations established and operating in the Republic of Cyprus; or
  • 3. €2,000,000 in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organizations that are licensed by Cyprus Securities and Exchange Commission; or
  • 4. Invest in a combination of the above options. The combination of investments must total at least €2,000,000

In addition, applicant may own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.

 

Biometric Passport

€500 per applicant

 

Government Processing Fee

€7,820 per applicant over 18 years old

 

GIS Application Fee

€36,000

Family of 4 or less

Family of 4 or less

 

Minimum Contribution

Donation to the Institution of Research and Innovation: €75,000 + the Cyprus Land Development Organization: €75,000

And choose ONE of the following criteria:

  • 1. €2,000,000 for the purchase or construction of buildings or for the construction of other land development projects; or
  • 2. €2,000,000 for the purchase or participation in companies or organizations established and operating in the Republic of Cyprus; or
  • 3. €2,000,000 in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organizations that are licensed by Cyprus Securities and Exchange Commission; or
  • 4. Invest in a combination of the above options. The combination of investments must total at least €2,000,000

In addition, applicant may own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.

 

Biometric Passport

€500 per applicant

 

Government Processing Fee

€7,820 per applicant over 18 years old

 

GIS Application Fee

€36,000 for applicant + spouse and €1,800 for each additional dependent

Family of 5 or more

Family of 5 or more

 

Minimum Contribution

Donation to the Institution of Research and Innovation: €75,000 + the Cyprus Land Development Organization: €75,000

And choose ONE of the following criteria:

  • 1. €2,000,000 for the purchase or construction of buildings or for the construction of other land development projects; or
  • 2. €2,000,000 for the purchase or participation in companies or organizations established and operating in the Republic of Cyprus; or
  • 3. €2,000,000 in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organizations that are licensed by Cyprus Securities and Exchange Commission; or
  • 4. Invest in a combination of the above options. The combination of investments must total at least €2,000,000

In addition, applicant may own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.

 

Biometric Passport

€500 per applicant

 

Government Processing Fee

€7,820 per applicant over 18 years old

 

GIS Application Fee

€36,000 for applicant + spouse and €1,800 for each additional dependent

All options for citizenship allow dependents. Dependent refers to the spouse of the main applicant, children under the age of 18, and children between the ages of 18 and 28 who are full-time students and financially dependent on the main applicant. The parents of the main applicant may also be included, provided they purchase another residence in Cyprus for at least €500,000 plus VAT.

* Other Oath fee, Passport fee are also need to be paid. These fees are subject to change.

* All fees quoted are in Euro (€).

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.