€ 2 Million
Within 6 Months
Cyprus has a quick and efficient program for your whole family to be able to travel, live, work and study in Europe freely and without limitations. The program allows you to
obtain European Citizenship and an EU Passport.
We have a team of experts that handle the entire process for you and relieve you from all the hassle. We have a vast selection of qualitative, luxurious and innovative residential, commercial and mixed-use properties, so that you invest your money in the right place.
- €1.5 million + VAT investment in new residential property or €2 million + VAT if commercial or mixed property for lock in period of 5 years from the date of naturalization, thereafter it can be sold and assets liquidated. Any number of properties can be purchased for value above and can also be rented to generate additional income as well. Changes in above investment within 5 years possible with consent of Ministry of Finance.
- €500,000 + VAT in main residential property must be kept for life.
- If parents of applicant want to apply as well they do not need to invest full amount just an additional residence of €500,000 + VAT will grant them inclusion with the main applicant.
- €150,000 in Government Contribution that is €75,000 each to (CRIF) Cyprus Research and Innovation Fund and (CLDA) Cyprus Land Development Agency.
- Government processing fees approximately €7,000 per person, so a family of 4 would count towards approximately €28,000 in Application and Certificate issuance fees.
- Immigration Attorney fees depends from case to case and number of applicants in process.
- A valid Schengen Visa for all members of the family, if you are refused of Schengen Visa you will not be able to apply.
- No rejection in past by any other EU country in its citizenship program.
- Clear criminal record.
- No Applicant should be on the list of persons whose property is ordered to be frozen within the EU.
- Naturalization and Citizenship will be granted in approximately 6 months during which the applicant and its family will be on a immigration permit.
- An enhanced four tier due diligence checks will be done on all applications by appointing specialized due diligence firm by the Cyprus Government.
- Simple investment procedure, No language, medical exam or interview required for application.
- For full family – all children below the age of 28 can be included in application; parents can also be included with additional real estate investment in residence.
- Grandchildren also inherit the citizenship via naturalization thus creating a whole bloodline of EU Nationals.
- Unrestricted right to live, work, travel and study anywhere within the 28 countries in the EU.
- 9 th Strongest passport in the world with ease of travel in 160 countries. Visa free travel to 122 countries and visa on arrival in 38 countries.
- Free education opportunities in Cyprus with many English medium based educational institutes.
- Great weather with 300 days of sunshine where 90% of the population speaks English.
- Enjoy targeted tax advantages low corporation tax at 12.5% plus additional incentives from the government to lower it further.
- Non-domiciled individuals will pay zero tax in Cyprus irrespective of whether the income is earned in Cyprus or abroad.
- No inheritance tax.
- Comprehensive Double Tax Treaty between India and Cyprus.
- Establishment of free movement of services and goods within EU.
- No physical residence required in Cyprus, one visit in 7 years is enough, however the Cypriot government is keen to encourage residency.
- Cyprus has few of the safest cities in EU and has the lowest crime rates in the world.