REPUBLIC OF CYPRUS - CITIZENSHIP BY INVESTMENT
Republic of Cyprus is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean, located south of Turkey, west of Syria and Lebanon. Cyprus offers a high standard of living, modern transport and infrastructure, excellent academic institutions (several accredited European Universities) and access to quality medical services.
- Population: 1,198,646
- Capital: Nicosia
- Area: 9,251 km2
- Language: Greek
- Currency: Euro
- Visa Free Countries: 165
- Passport Power Rank: 07
BENEFITS
- Visa free travel to 165 countries including, Canada, United Kingdom, Schengen countries and many more.
- Obtain the rights to live and work anywhere within the 26 countries in the European Union.
- No education requirements, and no interviews or written test required as part of the application process and no language requirements.
- Spouse and dependent children up to ages of 28 can be added in one application.
- Advantage of high standard of international schooling, in addition to universities with lower tuition costs than those in EU countries along with free health benefits.
- Property investment generated with high rental income.
- An irrevocable dual citizenship and second passport without having to move away or renounce your current nationality.
OPTIONS FOR THE CITIZENSHIP PROGRAM:
REAL ESTATE INVESTMENT
On 15 May 2019, the new rules were implemented for foreign nationals to obtain the citizenship by investment through the following additions. The changes include the addition of a government contributions of EUR 150,000 along with a property purchase investment of at least EUR 2 million to qualify for the citizenship and passport.
HOW TO OBTAIN THE CITIZENSHIP AND PASSPORT:
1. Agency
Select your agent to process your application and assist in finding your suitable investment.
2. Investment & Submission
Complete all the application forms and necessary documentation along with setting up a bank account for the property purchase.
3. PRP Approval
The Permanent Residency Permit (PRP) is granted for all members within 5 – 10 days from filing the application.
4. Processing
File is submitted for verification for all applicants and is approved in approximately 6 to 8 months.
5. Citizenship Await
Upon receiving the approvals, visit Cyprus for the Oaths and collect your Citizenship and passport to become a Cypriot.
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|---|---|---|---|---|
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