Cyprus Investment Program
Discover the world's leading citizenship by investment program
The Cyprus Investment Program was discontinued in November 2020 under political pressure. We have no doubt that Cyprus will in the foreseeable future start up an alternative and safe program for obtaining nationality through investment. In the meantime, you can consider the following alternative programs:
Invest in a safe and peaceful place to stay
The Cyprus Investment Program is one of the most popular citizenship by investment program in the world. At the crossroads of 3 continents and member of the European Union, Cyprus not only offers peace and stability, but also an excellent connectivity to the rest of the world. The Cypriot citizenship allows for visa-free travel to more than 170 countries including all member states of the European Union, Switzerland, Canada and Australia. The Cyprus Investment Program (CIP) is also one of the fastest obtainable citizenship by investment program, allowing successful applicants and their families to obtain the Cypriot passport within 6 months. The citizenship is granted for life and inherited by future generations. You don't have to give up on your original nationality as dual nationality is allowed by the Cypriot law.
Everything you need for your family
Cyprus is the ideal place to settle down with your family. The island has one of the lowest crime rates of all European Union's member states. The culture is cosmopolitan and features influences from the Middle-East, the Mediterranean and northern Africa. So does its cuisine. No matter where you are from, you will find plenty of local dishes reminding you of your own culture and taste. Cyprus features vibrant and cosmopolitan cities such as Larnaca, Limassol and Nicosia, all offering shopping facilities for all needs. Due to the excellent all-year-round climate, you can enjoy many outdoor activities with your family. Some of the islands beaches have been primed as the world's most beautiful ones. The island is surrounded by Europe's most clean bathing water. The education system in Cyprus is based on the British school system and well known for its high quality standards. English is widely spoken and there are several private schools offering English language school education. As a Cyprus citizen, your children will be able to apply for higher education in any European University.
A new world of business opportunities
As Cyprus is part of the European Union, you will not only benefit from visa-free travel to all European Union member states. Your Cypriot citizenship will allow you to offer your business services in any EU country without any obstacle. Also, the transfer of funds to or from as well as the purchase of property in any European Member state is possible. The successful applicant of the CIP will not only be a Cypriot citizen, but also a citizen of the European Union.
How to apply for the Cyprus Investment Program
The application process for the Cyprus Investment Program is clear and pretty much straight forward. Your application will need to be submitted to the Cypriot Ministry of Interior by a person or company registered as a Service Provider regulated by the Committee of Supervision and Control for the CIP. Contact us for a list recommended and officially registered service providers.
The applicant needs to purchase a residential property in Cyprus for at least €500.000. This house or apartment will be seen as primary residence and can not be sold. However, after conclusion of the application process, it is possible to rent it out. Additionally, the applicant needs to invest €2.000.000 or more in either of the following:
- one or more residential properties with a total value of €1.500.000 or more.
- one or more commercial properties with a total value of €2.000.000 or more.
- investment in a Cypriot company or business. The investment value must be €2.000.000 or more.
- investment of €2.000.000 or more in Cypriot Investment funds
You can also combine the above investments, provided that the total invested amount exceeds €2.000.000. The Cyprus Investment Program thus offers a world of possibilities according to your personal or business needs. However, in addition to the above, a further €75.000 must be donated to either the Cypriot Research and Innovation Foundation or the Land Development Corporation.
Residential property packages for the Cyprus Investment Program
For your convenience, we have carefully put together a variety of residential real estate packages which are all suitable as investment package in order to obtain the Cypriot citizenship. Every single package includes properties that are perfectly suitable as your own permanent residence, or to generate income through the lucrative holiday rental market. Let's not forget that Cyprus is also one of Europe's major tourism hotspots.