The Cyprus investment program offers the most simple and efficient means of obtaining Cyprus citizenship, which provides full EU rights, including the ability to live and work in any EU country. The program requires an investment of €2M in residential real estate, an investment which must be retained for a period of five years, and a €150.000 contribution. All nationalities are eligible to apply, the application examination period is just six months.

	EXIT STRATEGY 3 Years		TIME TO CITIZENSHIP 6 months
	DUAL CITIZENSHIP Permitted		VISA-FREE TRAVEL 173 Countries

HIGHLY EFFICIENT > PR approval in 5 days > Citizenship approval in 6 months > Passports & ID's issued within 6 months

EXIT STRATEGY > Main investment can be sold after three years > Investment can generate a good return

SECURITY > European citizens have the right to protection by the diplomatic or consular authorities of any EU country in a 3rd country (country outside the EU) where your home EU country is not represented by a consulate > Cyprus offers a great place to visit / live, it enjoys a strategic geographical position, offers excellent worldwide connections, has excellent infrastructure, a pleasant climate & is highly stable

VERY PRACTICAL > No tax consequences > No need to relinquish current nationality > No language requirement, medical test, interview

Benefits

FREEDOM > The freedom to live, work, travel, anywhere in the EU > EU citizens also enjoy the rights in Switzerland, Iceland, Lichtenstein & Norway which participate in the European Economic Area (EEA)	BUSINESS > Free trade within EU, business access to 500 million EU citizens > Establishment & free movement of services & goods
MOBILITY > Unrestricted right to live, work, travel & study anywhere in the EU > Visa-free travel to 173 countries	EDUCATION & HEALTH > European citizens have the right to attend schools or universities within any EU country for free or with reduced tuition rates, as applicable > European citizens can access the established 1st-class EU health care systems

Investment criterion

Citizenship may be obtained through a secure property investment.

€2 Million investment in residential real estate (in a single property or portfolio)

Parents of the main investor can be included in the application provided that they purchase a property with a value of at least €500.000. This amount can be pooled in the main investment if preferred.
€75.000 contribution in the Reasearch Promostion Foundation
€75.000 contribution in the Cyprus Land Development Corporation

APPLICATION CRITERIA In addition to making a real estate investment applicants must also meet the following criteria / supply the following documents: > Passport (copy) > Birth certificate > Police clearance certificate > Marriage certificate (if applicable) > Detailed biography > Due Dilligence Report > Schengen Visa (Copy) > Declaration on previous citizenship application in EU Meber States
APPLICATION FEES
GOVERNMENT FEES > Submission fee €2,000 per adult, minor child €80 > Approval fee €5,000 per adult	TAXES > Vat may be reduced to 5% on the 1st property purchase (1st 200m²), instead of 19% > Additional taxes & duties approximately €4,000 > PR Application fee €500 per family & €70 per person
CONDITIONS 1. The main investment may be sold after five 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 & country of residence if different & their name must not be on the list of persons whose property is ordered to be frozen within the EU 4. Applicants who have applied for citizenship in another EU Member State and has been rejected are not eligible to obtain the Cyprus citizenship.

All nationalities are eligible to apply & the requirements & process are very straightforward.