A minimum investment of €2.0 million (net of Tax) in residential property or a minimum of €2 million in any property investments and at least €500,000 in a single residential property (total €2.5 million net of Tax) is required, plus donation contributions of €75,000 to the Research and Innovation Foundation, and €75,000 to the Cyprus Land Development Corporation.
The spouse of the investor, the parents and children under the age of 18 or financially
dependent children up to the age of 28 will also acquire citizenship. Investor and parents of
the investor may collectively purchase and maintain a residence worth at least €1 million
net of Tax.
The fastest and most direct way to citizenship with less than 6 months duration on approval
time, while the whole procedure takes a total of 6 months. For the duration of the 6-month
process, the applicant will pose a permanent residence card for ease of travel or living
permanently in Cyprus. The applicant has the right then to work, travel, study and live
anywhere within the European Union. There is no requirement to live or reside in Cyprus
prior to or during the application, or even after citizenship has been granted.
The requirements are clear and straightforward to achieve the approval of the citizenship
application. Applicants are required to have a clear criminal record. Any nationality is
eligible to apply for the program, there is no language requirement, medical test, or
interview for citizenship applicants.
For more information click here or to arrange an initial private consultation contact us on +357 24812000.