Cyprus Citizenship by Investment Program

Cyprus citizenship by investmentCyprus citizenship by investment program offers many advantages. An important hub in the heart of the Mediterranean at the crossroads of Europe, Africa and Asia, Cyprus is diverse, culturally rich and perfectly placed for working and traveling within and beyond the European Union. Cyprus citizenship programs are very popular for individuals or families looking to migrate or just acquire dual nationality.

The economy is rapidly recovering from a recent recession through significant activity in the shipping, tourism, legal and financial services sectors, and has also seen a surge in foreign investments and developments, and property and investment values.

  • Fast-track procedure. Approval of citizenship application within three months;
  • No obligation to relinquish current nationality.
  • Low tax rates and free trade within the EU.
  • Travel to 150 countries visa-free.
  • Trustworthiness as issued legally and in law by the Cypriot government.

Cyprus Citizenship by Investment Program’s key advantages:

Cyprus boasts a rich and diverse culture, mild Mediterranean climate, and a safe and stable setting ideal for raising families. Investors also look at Cyprus for business and investment purposes, recognizing numerous investment opportunities. The benefits of the Cyprus program are plenty:

  • Simultaneous submission of residency and citizenship applications.
  • No physical residence requirements. The only requirement is one visit every seven years.
  • No language requirements.
  • Parents qualify for citizenship provided they own a house valued at €500,000 + VAT or own a share of €500,000 in a residential property of the main applicant.
  • Cyprus passport allows you the right to live, work and study in Europe without any restrictions.
  • Right to own property in an EU member state.
  • Excellent education system as well as first-rate health care, an ideal location for families and singles alike.
  • An outstanding holiday destination.

Cyprus Citizenship by Investment Program qualifications:

Offered in accordance with the Civil Registry Laws 2002-2013, the Naturalization of Investors by Exception Scheme is one of the fastest to lead to residence and citizenship in Europe.

To qualify for citizenship, applicants must fulfill one of the investment options below and hold it for three years in addition to meeting the following criteria:

  • Possess a valid passport.
  • Hold no criminal record.
  • The main applicant’s property is not frozen within the boundaries of the EU.
  • Be a resident before being granted citizenship (hence the simultaneous application for both residency and citizenship for non-residents).
  • Own a permanent private residence in the Republic of Cyprus with a purchase price of at least €500,000 plus applicable VAT.
  • In the case that one chooses to invest in residential properties only and one of the residential properties is priced at at least €500,000, then the total investment amount must be €2 million.

Cyprus company formation:

Visit our page Company formation Cyprus and learn how you can take advantage of its strong economy, steadily growing infrastructure and low labor cost.

For further inquiries on Cyprus EU citizenship and/or company formation Cyprus, please click here.

Articles

Malta’s booming Fintech Sector

Continue reading

Company formation in Malta : Major incentives for Entrepreneuers

Continue reading

Offshore Company in UAE

Continue reading

Open a corporate bank account online

Continue reading

Reduce taxes legally

Continue reading

Open offshore bank account online

Continue reading

Singapore ICO regulations

Continue reading

Lowest tax rates in EU

Continue reading

Cyprus Citizenship by Investment Program

Continue reading

Malta double taxation treaties

Continue reading