Cyprus citizenship by investment
The Cyprus Council of Ministers has officially discontinued the previously available citizenship-by-investment program. This regulation took effect on November 1, 2020. While applications submitted before the deadline will still be reviewed, no new submissions are permitted.
Cyprus citizenship by investment
16.03.2025
Eligibility Criteria for Cyprus Citizenship by Investment
To qualify for Cyprus citizenship by investment, individuals must first secure permanent residency by purchasing real estate worth at least €300,000. After maintaining residency in Cyprus for a period of eight years, they may apply for naturalization.
Cyprus has introduced a tailored pathway for high-net-worth individuals and investors. This initiative allows qualified applicants and their families to secure permanent residency by investing a minimum of €2,000,000 in the national economy or real estate, in addition to contributing at least €200,000 as a government donation. Successful applicants can apply for citizenship approximately six months after completing the necessary procedures.
Cyprus Investment Residency Program
Advantages of Holding Cyprus Citizenship
- Global Mobility: A Cyprus passport grants visa-free or visa-on-arrival access to 168 countries worldwide.
- Business Prospects: Investors have the opportunity to relocate their enterprises to Cyprus or establish new businesses, with streamlined company registration processes taking only a few weeks.
- Financial Services Access: Citizens gain unrestricted access to European banking systems under a harmonized regulatory framework.
- Dual Citizenship Permitted: Cyprus allows its citizens to retain multiple nationalities, meaning Russian investors acquiring Cyprus citizenship can maintain their original one.
- Career Growth: The Cyprus labor market welcomes skilled professionals across various industries, with the country’s average salary standing at approximately €1,500 per month.
- World-Class Education: The country’s academic institutions follow international curricula, and their degrees are widely recognized.
- High-Quality Healthcare: Residents and citizens enjoy equal access to Cyprus’s public healthcare system, with the freedom to choose preferred medical providers, hospitals, and specialists.
How to Obtain Cyprus Citizenship Through Investment Now?
To qualify, an applicant must:
- Be over 18 years old.
- Have an impeccable personal and business reputation.
- Demonstrate a minimum annual income of €50,000.
- Show increased income of €15,000 for a spouse and €10,000 for each dependent child.
- Hold valid Cyprus health insurance coverage.
Who Can Be Included in a Residency Application?
Investment Options for Securing Permanent Residency
The primary applicant may extend their permanent residency application to include:
- Their spouse.
- Unmarried children under 25 years old.
- Children over 25 with medical conditions.
- Parents.
Step-by-Step Guide to Acquiring Citizenship Through Investment
Applicants can fulfill the investment requirement of €300,000 through one of the following channels:
- Purchasing residential property.
- Investing in commercial real estate.
- Acquiring shares in Cyprus companies.
- Allocating funds to a Cyprus-based collective investment organization.
Ready to Secure Cyprus Citizenship Through Real Estate Investment?
The process of securing Cyprus citizenship through investment is designed to be as straightforward as possible:
- Choose an Investment Route: Decide on the most suitable investment type, whether real estate or business assets.
- Finalize the Investment: Complete the financial transaction and associated legal formalities.
- Compile and Submit the Application: Gather all necessary documentation and apply through the Cyprus Ministry of Interior.
- Undergo Application Review: Authorities process the application within an estimated six-month period.
- Receive Citizenship Approval: Upon a successful review, applicants receive a naturalization certificate.
- Obtain a Cyprus Passport: The final step is the issuance of a Cyprus passport, which typically takes 2–3 additional days.
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