Global citizenship

Dual citizenship offers an effective tool for international tax planning and provides financial privacy for banking and investment. It improves personal security, enables freedom of movement and allows access to the best healthcare and education opportunities.

Investment criterion

Cyprus citizenship may be obtained through a secure property investment, the financial criterion is as follows: €2 Million investment in residential real estate (the investment can be in a single property or portfolio). Also,  a total of €150,000 donation to Cyprus Land Development Corporation and Research and Innovation Fund is required from 15 May 2019.

Parents of the main investor can be included in the application provided that they purchase a permanent residence property with a value of at least €500.000. this amount can be pooled in the main investment, if prefered.

Benefits of the program

• Citizenship granted within three months
• Passports issued within six months
• No physical residency requirement
• Passports issued to the investor, their spouse and dependent children up to age 28, provided they are in full-time education
• Cyprus allows dual citizenship
• All nationalities eligible
• No language requirement, medical test or interview
• Exit strategy after 3 years
• Citizenship is passed on by descent, thus offering a legacy to future generations
• No tax consequences, unless you opt to become tax resident in Cyprus
• Pure investment, no donation require

Benefits of Cyprus EU citizenship

• Unrestricted right to live, work, travel and study anywhere in the European Union
• Visa-free travel to 172 countries
• Free trade within EU, business access to 500 million EU citizens
• Cyprus has no inheritance tax, has a highly favourable corporate tax structure and a comprehensive double tax treaty network
• Cyprus offers a great place to visit/live, it enjoys a strategic geographical position, offers excellent worldwide connections, has excellent infrastruc ture,a pleasant climate and is highly stable
• Establishment and free movement of services and goods

Conditions

1. The main investment may be sold after three years; however, the investor must always maintain/purchase a property with a value of at least €500,000
2. Property purchased up to 3 years prior to the submission of the citizenship application will count towards the required investment
3. Applicants must hold a clean criminal record from the country of origin and country of residence if different and their name must not be on the list of persons whose property is ordered to be frozen within the EU

Visa-free travel to 168 countries
The freedom to live, work and travel anywhere in the EU
EU member countries

• EU citizens also enjoy these rights in Iceland, Lichtenstein and Norway which participate in the Europe an Economic Area (EEA) and have some rights in Switzerland as well.
• European Citizens have the right to attend schools/universities within any EU country for free or with reduced tuition rates, as applicable
• European citizens have the right to protection by the diplomatic or consular authorities of any EU country in a third country (country outside the EU) where your home EU country is not represented by a consulate
• European citizens can access the established first-class EU health care systems