Cyprus Investment Programme
The Cyprus Investment Programme has been suspended by its Government in its current form at the beginning of November 2020 until further notice. For additional information please contact us. The Cyprus Investment Programme is the fastest route to acquire residence and citizenship in Europe, through a simple and efficient process and without any residency requirements. A Cypriot Passport, grants beneficiaries the right to live, work and study in all the European states, along with freedom to access more than 180 countries visa free. Furthermore, the entire family is eligible to apply including spouse, children, adult dependents up to 28 years old and parents of the main applicant. Also, Cyprus has a favourable tax regime and after five years of citizenship, investors may significantly reduce their property investment from around €2 million to €500,000.
Benefits
- Fast approval process
- Family eligible
- Access to 180+ countries
- No residency requirement
- Live, work & study in the EU
- Many investment options
Investment Value
Investment under the Cyprus Investment Programme mainly revolves around property acquisition. There is a plethora of investment options, whereby one may invest in one or more residential real estate properties amounting to a total of €2 million. Alternatively, one may combine a residential real estate (€500,000 minimum) with various other commercial investment options (totalling to at least €2 million). Furthermore, either option involves a non-refundable government donation of €150,000. Applicants must maintain their investments for a minimum period of five years, after which they can sell their assets, given that they keep a property for personal residence at the value of at least €500,000. Such personal residence is to be kept for as long as the investor maintains Cypriot citizenship.
