Acquiring Cypriot Citizenship & Immigration Permit
On account of Cyprus’ ideal geographical positioning between three continents, the Cyprus government has found it opportune to attract foreign investments by motivating the increase of residence purchases by high net worth third country nationals.
In line with the above policy, Cyprus Government has introduced two schemes for granting foreign investor Cyprus Citizenship and Immigration Permit to Cyprus
Immigration Permit [within 2 months]
Foreign Investors who Purchase residential real estate of total market value of at least €300,000 (+VAT) are eligible for acquiring an Immigration Permit for Cyprus subject to certain financial criteria and other conditions such as clean criminal records. Immigration Permit is also granted to the investor’s spouse, children and adult dependent children.
Cyprus Citizenship [within 3 months]
Foreign Investors can obtain the Cyprus citizenship within 6 month provided they make an investment in real estate of at least €2m subject to certain other conditions such as clean criminal records. Cyprus Citizenship is also granted to the investor’s spouse, children and adult dependent children. The investors acquires Cyprus Passport with full rights of an EU citizen