Passport in

6 - 9 months

Minimum Investment

€2,000,000

Investment Type

Real Estate

Visa free travel to

175 countries including Schengen, UK and Canada

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Cyprus Citizenship by Investment Program

Cyprus' Citizenship by Investment Program was established in 2016 to attract foreign direct investment from high net worth individuals. It offers the fastest way to obtain EU citizenship, taking only six to eight months to process an application. Besides, applicants are not required to reside in the country at all. To apply for citizenship, investors need to buy property in Cyprus for at least € 2,000,000 and contribute € 150,000 in government funds. After five years, applicants can reduce their property investment to € 500,000, which needs to be maintained indefinitely.

Which Family Members Can Be Added in the Same Cyprus Citizenship by Investment Application?

Spouse.
Children under the age of 18.
Children between the ages of 18 and 28 that are financially dependent on the applicant and studying full-time.
Parents, provided they own a private residence of at least €500,000.

Cyprus Overview

Cyprus is a wonderful island with long, white beaches, warm and friendly people, delicious food, and even some ancient traditions. The archeological sites in the country form fantastic sceneries enticing more people to acquire the Cyprus passport.

Language

Greek and Turkish

Currency

Euro

Total Area

9,251 Km²

Capital

Nicosia

Government

Presidential Republic

Population

1,207,359

Cyprus Passport Benefits

Visa-free travel to more than 170 countries around the world.
Citizenship is acquired after a maximum of 8 months.
Investors have the right to work and live permanently in Cyprus as well as in any other EU country.
Family members can also obtain passports, and citizenship can be passed onto future generations.
Applicants do not have to live in Cyprus, and only one visit is required to provide biometrics.
An attractive tax government and a thriving economy.
Applicants acquire the right to invest in more countries within Schengen areas.
Applicants acquire the right to study in any country within the Schengen region.

Cyprus Citizenship By Real Estate Investment

Real Estate Investment

Through Cyprus' investment program, citizenship applicants must invest at least EUR 2,000,000 in real estate and donate EUR 150,000 to a research and development fund (or other certified innovation). And equal distribution among land development organizations. After five years, the property investment can be reduced to EUR 500,000, but investors need to maintain that investment throughout the applicant's life. This property will be considered the investor's original residence in Cyprus, even if the applicant chooses to live elsewhere.

Cyprus citizenship by investment cost

Processing fee€2,000 per adult
€80 per child under 18 years
Real Estate Investment€2,000,000
Government support€75,000 to the Research and Development Fund
€75,000 to the Land Development Organization
Legal fees€40,000

Cyprus Visa Free Countries

Over the past several years, the government of Cyprus has been successfully working on expanding its list of Visa-free countries. For now, holders of a Cypriot passport have Visa-free access to 174 countries.

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How to Qualify for Cyprus citizenship?

Applicants must be beyond 18years.
Investors must be citizens of a third country - not EU / EFTA.
Applicants must not have a criminal record.
Investors and their families should agree to submit biometric data.
Applicants must be registered as residents of Cyprus for at least 6 months (although this does not mean that they need to reside in the country physically).

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How to apply and get a Cyprus Passport?.

The process for Cyprus citizenship by investment is guided by our experienced consultants.
Our Level Immigration consultants will help you step by step through your investment process to ensure that you get your Cyprus passport in the shortest possible time.
Our special team work with the applicant to collect, translate, and notarize the required documents while ensuring that the entire document meets the requirements of the Cyprus government.
Documents, due diligence, and processing fees are then submitted to the Cyprus government for prior approval.
Once the applicants receive their In Principle Approval, our Level Immigration consultants will guide the applicants in relation to payments necessary to fulfull the programme's financial requirements.
Finally, once the citizenship application is approved, the applicants are invited to visit Cyprus to take their Oath of Allegiance in order to receive their passports in due course.

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Key Benefits Of Alternative Residency Or Citizenship

Global Mobility

Travel worldwide freely for business or pleasure, including the UK and Schengen zone without burden of constant visa applications.

Family Security

Relocate your family to Europe and other locations worldwide in a matter of months to secure a better future through high quality education and healthcare.

Business Opportunities

Expand your business and begin operating globally with easy access to the major business hubs.

Tax Haven

Preserve your wealth by taking advantage of a favorable tax regime in Europe or enjoy no tax liabilities offered in the Caribbean.

Investment

Invest in lucrative real estate and other assets that allow to capitalize on your future by generating rental returns with options to release your investments when the investment term is over.