Citizenship-by-Investment in Cyprus‏

Citizenship by Investment Program

 

Grant of the Cypriot- European citizenship

Main benefits of the programme:

  • An express procedure – only few months (the fastest in Europe)
  • Investment minimum € 2 mln (+ VAT if applicable) in real estate
  • Investor is entitled to sell its investments after 3 years, however he must hold possession of at least 500 000 Euro worth of residential property (+ VAT if applicable)
  • No requirement to reside in Cyprus either before, during or after the approval of the citizenship application
  • The citizenship obtain the whole family – husband, wife and all financially dependent children up to the age of 28
  • The applicant’s parents are also entitled to apply for Cyprus citizenship by exception provided that they own a lifetime residence of at least €500.000 (excluding VAT).
  • The government of Cyprus will not ask the history or language proficiency tests like other countries do.
  • You are going to have All the rights of an EU citizen protected by EU legislation and regulations, are afforded: freedom to reside, work, do business, study and travel anywhere in the EU, Switzerland, Liechtenstein, Norway and Iceland
  • You are going to obtain VISA-free travel to 157 countries worldwide, including all the European Union countries, Canada and Australia among others
  • Dual-citizenship permitted and the acquisition of citizenship in Cyprus is not reported to other countries
  • There is no double taxation in Cyprus, international tax planning tool and financial confidentiality to the Cyprus passport holders

Requirements for investors:

• The minimum investment amount is €2 million (+ VAT)
• Keeping investments for a period of minimum 3 years
• Clear criminal record for all applicant (incl. all family member)
• The investor must own a private residence in Cyprus, purchased for at least €500.000.

 

Leave a Comment

*

*

*Required fields Please validate the required fields

chinarussia