Cyprus Citizenship

The Cyprus Citizenship Investment Scheme

Dr. Jean-Philippe Chetcuti | 20 Jun 2018

Cyprus Citizenship By Investment

Benefits of Cyprus Citizenship

  • EU Freedom of Movement:  Right to live, work, study, invest, do business in all EU member states;
  • Visa free travel in 158 countries;
  • Attractive Tax System
  • High standard of living;
  • Dual citizenship is allowed.

Cyprus Citizenship compared with other Citizenship Programmes

  • No donation required.  Various investment options available.
  • 3 year exit:  Investments can be Liquidated again after 3 years.
  • Fast processing of Cyprus Citizenship in 6 months.
  • No Presence Requried: Applicants do not need to physically reside in Cyprus;
  • No medical / health checks
  • No local language requirement: Investors are not required to speak Greek. English is widely spoken in Cyprus.

Investment required for Cyprus Citizenship

  • €1.5m in residential property. Alternatively, an applicant can choose to invest €2 million in one of the following options:
  • €2m Investment in real estate, land development and infrastructure projects
  • €2m Investment in financial assets of Cypriot companies or Cypriot organizations
  • €2m Investment in Alternative Investment Funds or financial assets of public Cypriot companies licensed by the Cyprus Securities and Exchange Commission (CySec) 
  • €2m Combination of the options listed above; when opting for this option, and applicant may also purchase up to €500,000 in Cyprus Government bonds, which  must be retained for a 3 year period.

and:

  • Purchase and maintain a privately owned residence in Cyprus, the value of which must be at least €500,000 excluding VAT;

Documents required for Cyprus Citizenship Applications

Besides the above-mentioned criteria, the applicant must also fulfil the following conditions:

  • Have a clean criminal record from the country of origin;
  • Confirmation that the applicant’s assets are not frozen or ordered to be frozen by the EU.

Our Cyprus Investment practice group is specialised in advising you further on obtaining Cyprus Citizenship through the investment route, as well as other related requirements including pre-immigration tax planning.


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Key Contacts

Dr Jean-Philippe Chetcuti

Global Managing Partner & Founder

+356 22056411

Dr Antoine Saliba Haig

Legal Associate

+356 22056446

Mr Kenneth Camilleri

Senior Partner, Global Immigration & Tax

+356 22056414

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