Cyprus investment Residency Program
The Cyprus Investment Residency program may be summarized as follows:
- Applicants must purchase a personal residence in Cyprus for minimum EU 300,000
- Applicants must be of good reputation and pass a security and medical check.
- There is no strict net worth, Source of funds, Management experience, and language or education requirement.
- Applicants may apply for citizenship in Cyprus and receive an EU passport after 5 years.
Cyprus Investment Residency Program:
- Apply for Cyprus citizenship and passports Program designed to strengthen Cyprus' economy and real estate market
- Application includes principal applicant, spouse, and all dependent children under age 18
- Category F visa allows applicant to purchase a new personal residence in Cyprus, and the family to live there indefinitely as permanent residents
- Children can attend English-speaking schools and universities
- No tax on worldwide income after 5 Years of permanent residency, family can.
Applicant Criteria
- Possess a valid passport
- Minimum age 25 (no maximum age)
- Purchase a personal residence in Cyprus for minimum €300,000 and open a bank acount in Cyprus
- Businessperson with a good reputation and assets
- Secured international income to enable the family to live comfortably (but not work) in Cyprus
- Pass a security background check and medical check
- No strict net worth, source of funds, management experience, language, or education requirements
Application Process - Step 1
- Application, supporting documents, and fees are submitted to Confederation for processing
- Applicant visits Cyprus to arrange property purchase
- Confederation facilitates the visit, and ensures applicant fulfills all Program requirements
- Confederation's Cyprus lawyer submits application to the Cyprus Government
- Upon preliminary Government approval, confederation's lawyer completes the property purchase transaction
- Applicant and his family obtain permanent residency
- Process takes just 6-8 months
Application Process - Step 2
- Family maintains permanent residency for 5 years
- Confederation's Cyprus lawyer submits application for naturalization / citizenship to the Cyprus Government
- Applicant must prove that he still owns bank accounts and property in Cyprus, and still has a sufficient international income
- Naturalization / Citizenship process takes 14-15 months
- Confederations' Lawer will apply for family's passports
- Cyprus passports allow the family to travel, live and work throughout the European Union
This program may change or cancelled at any time.Please contact with us.
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