The New Cyprus Investment Programme

CCA welcomes Changes to Cyprus Citizenship by Investment Program

Dr. Jean-Philippe Chetcuti | 02 Jun 2018

Cyprus Citizenship By Investment

The Council of Ministers in Cyprus has announced new amendments to the Cyprus Citizenship by Investment Programme.

New Annual Quota Restriction to apply to Cyprus Citizenship by Investment Programme

Cyprus has announced that the number of investors to be granted citizenship by means of the citizenship by investment programme will be limited to 700 applicants a year, starting from this year. Since the programme as launched in 2014, the number of applications has increased steadily however it has never passed this 700 cap.

New Official Name for Cyprus Citizenship by Investment Programme

The Government’s Press and Information Office also announced a change in the official name of the programme. Following these amendments, the citizenship by investment programme will now be known as the ‘Cypriot Investment Programme

Stricter Due Diligence Process to apply to Cyprus Citizenship

With the new amendments, the citizenship programme will also see the implementation of enhanced due diligence procedures. The new due diligence tests will lengthen the application process to a six-month period for clearance, and due diligence costs will be borne by applicants.

Contact our Cyprus Citizenship Lawyers for more details

We are able to advise you and assist you in submitting an application under the Cyprus Citizenship by Investment Programme options as well as indicate the expect time frames based on the specific circumstances and the nature of your application.


Reference Materials

Contact Us
Please send me legal and other updates
Key Contacts

Dr Jean-Philippe Chetcuti

Global Managing Partner & Founder

+356 22056411

Mr Kenneth Camilleri

Senior Partner, Global Immigration & Tax.

+356 22056414

Dr Antoine Saliba Haig

Legal Associate

+356 22056446