The Cypriot government has implemented an update of their preexisting Citizenship by Investment Program in May 2019, in order to attract new investors from around the world. Investment oriented Investors are given the opportunity to find a valuable asset in Cyprus, in return to become a Cypriot and full European citizen as long as all requirements are met. Cyprus is adapting sophisticated industry compliance standards in order to approve legitimate Investors only.

Free Consultation

Benefits of citizenship by investment in Cyprus

172

Visa Free Countries

incl. EU Schengen area, U.A.E., Singapore, Hong Kong and many more.

Citizenship

Full Citizenship of a EU Member state, with attractive investment requirement.

28

EU Member State

Citizenship with the right to work, live, invest and study in all 28 EU member states.

Future Generations

Citizenship will be passed on to future generations automatically at birth.

Efficiency

Efficient processing timelines and requirements.

0

Physical Requirement

No minimum requirement to physically stay in the Country.

Investment Requirement in Cyprus

Real Estate Investment

EUR 2,000,000

Donation to Research and Innovation Fund

EUR 75,000

Donation to Cyprus Land Development Corporation

EUR 75,000

Investment Amount

min. EUR 2,150,000

Investment Options

Real Estate: EUR 2,000,000 + RIF Donation EUR 75,000 + CLDC Donation: EUR 75,000

Processing Time

6-8 months

Family inclusion

YES

1st Passport
issuance validity

> 5 years

Passing Citizenship to Future Generation

YES - automaticlay and for free

PhyFull European Union (EU) Member State

YES - since 2004

Common Wealth Member

YES - since 1961

Establishment in EU Region

YES

Schengen Area Travel Access

Yes - Unlimited

Visa Free Country

172

USA and Canada Access visa free

NO

USA E2 Visa Treaty

NO

Higher Education Background required

NO

Local Language requirement

NO

Capped application number

NO

Phyisical stay required

YES

To become a citizen, an applicant must be over 18 years old, meet the requirements, and choose one of five options to get Antigua and Barbuda Citizenship by Investment:
– Family member
Applicants can include a spouse, children under the age of 31, parents, a grandparent over the age of 55, and an unmarried sister of the main applicant, and/or a husband of any age, and may add godparents after obtaining citizenship.
– NDF Contribution
A contribution to the National Development Fund, which is at least $ 100,000.
– University Fund Option
Donate at least $ 150,000 for the University. It is non-refundable.
– Real Estate Investment
Purchase real estate with a minimum value of $ 200,000 from an approved real estate project. The two candidates can make a joint investment, with each candidate investing at least $ 200,000 to meet the demand. The property is not for sale for five years.
– Business Investment
The direct purchase of a suitable business is worth at least $ 1.5M per person. Alternatively, a joint purchase in which each person receives a minimum of $ 400,000 from a minimum of $ 5 million.

Program Procedure

Month 1

Mirabello Consultancy Onboarding

Month 2

Mirabello Application preparation and submission

Month 5

Government Decision in Principle

Month 5

Required Investment Due

Month 6

Government Granting Citizenship and Issuance of Travel Document

Cyprus Citizenship By Investment Program

The Cypriot government has implemented an update of their preexisting Citizenship by Investment Program in May 2019, in order to attract new investors from around the world. Investment oriented Investors are given the opportunity to find a valuable asset in Cyprus, in return to become a Cypriot and full European citizen as long as all requirements are met. Cyprus is adapting sophisticated industry compliance standards in order to approve legitimate Investors only.

Cyprus

Cyprus, officially the Republic of Cyprus, is an island country in the Eastern Mediterranean, located south of Turkey and southeast of Greece. Cyprus is rich in culture and history and since many years a major tourist destination in the Mediterranean have a mild weather year around that can easily access the country by many direct flight to its International Airport in Larnaca. With an advanced, high-income economy and a very high Human Development Index, the Republic of Cyprus has been a member of the Commonwealth since 1961 and joined the European Union on 1 May 2004. Cyprus economy is in steady growth and expected to continue in doing so for the coming years according to the European commission of Economic forecast. Due to its heavy influx of tourists and foreign investors, the property rental market in Cyprus has grown in recent years. The Cyprus Town Planning Department is constantly working to give incentives and to stimulate the property market and increase the number of property developments in the country's town centers.

Country Information

Capital: Nicosia

Currency: EUR

Official Language: Greek

Population: approx. 1,200,000

GDP: +25 billion

Time Zone: UTC +2

Citizenship Enquiry

Should you have any questions, or if you would like to know the exact cost and procedure for your personal situation, kindly contact us and we will be glad to help you.

    Family members

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