Cyprus Citizenship by investment program – Ιnvesting in Cyprus business opportunities and obtaining a Cyprus passport
The Cyprus investment program in combination with the excellent location of Cyprus located between three continents on the northeast edge of the Mediterranean, combined with the fact that Cyprus is an EU Member State, and the fact that Cyprus has today excellent business infrastructure has been ranked as one of the most attractive citizenship investment programs in the world
Cyprus Citizenship by investment program criteria
1) Donation of at least € 75,000 to the Research and Innovation Foundation
• The obligation is waived if the applicant has invested at least € 75,000 in a certified innovative enterprise or certified social enterprise.
• The obligation is waived if the applicant has invested a totaling at least 20% of the required investment cost (ie € 400,000) in a company operating in the primary sector or the secondary sector. (excluding construction) or in the areas of research and technology, education, health, and renewable energy.
• The donation to the Research and Innovation Foundation may be made after the Cyprus Council of Ministers approves the application for Cyprus naturalization
2) Donation of at least € 75,000 to the Cyprus Land Development Organization
Donation of at least € 75,000 to the Cyprus Land Development Organization for promoting housing plans and other housing plans/measures. The donation may be made to the Cyprus Land Development Organization after approval by the Cyprus Council of Ministers of the Cyprus naturalization application.
The applicant should have made the required investments in Cyprus in the last three years preceding the date of application and maintain that investment for at least five years from the date of Naturalization. The mandatory five-year period of investment retention in cases where the investment relates to the purchase of investment under construction or immovable property will commence after the issuance of a planning permit.
Cyprus property investment, developments, and infrastructure projects.
Cyprus Investment of at least € 2m
• Purchase or construction of a real estate.
• Creation of development (residential, commercial or tourist) or other infrastructure projects.
• Investment in building land provided that the application will include an investment plan for its development.
• If the investment involves the purchase of housing units already used for the Cyprus Naturalization Program, total investment, including permanent privately-owned housing, will amount to at least € 2.5m.
If the investor invests exclusively in residential units (s) based on the aforementioned criterion, it will not be required to purchase another privately-owned home, provided that one of these residential units is worth at least € 500,000 and will be maintained for life.
If the investment relates to the purchase of housing units already used for the Cyprus Citizenship by Investment Program, this provision will apply provided that total investment, including permanent privately-owned housing, amounts to at least € 2.5 million.
Purchase or incorporation or participation in Cyprus businesses and Cyprus companies
Investment of at least € 2m
• Purchase, incorporation or participation in Cyprus companies or companies based in the Republic of Cyprus.
• Capital invested solely in Cyprus based on a specific investment plan.
• Employment of at least 5 Cypriot citizens or citizens from the other EU Member States with legal and continuous residence in Cyprus for the previous five years before submitting the Cyprus naturalization application.
• Investment in the Cyprus Maritime sector is acceptable
investing in Cyprus Alternative Investment Funds (AIFs) or Cyprus financial assets or organizations licensed by the Cyprus Securities and Exchange Commission (CySec)
Investment of at least € 2m.
investing in Cyprus Alternative Investment Funds (AIFs), purchase of Cypriot Companies’ financial assets such as bonds, securities and debt securities that are subject to a prospectus prepared under the Public Offer and Prospectus Laws and approved by the Cyprus Securities and Exchange Commission.
Cyprus Investment combination
Investment of at least € 2m and permanent Cyprusresidence of € 500,000.
• The applicant may combine the above investments, provided that the total investment amounts to at least € 2m.
• The applicant may purchase securities on the secondary market of the Cyprus Stock Exchange for up to € 200,000.
4) Own residential property
Own residential property in Cyprus with a cost value of at least 500,000 Euros plus VAT where applicable. Residential Cyprus property should be held for life. Where the purchase price of the residential property exceeds the amount of 500.000 Euros (excluding VAT), the excess amount can be calculated and included in the entire investment.
5) Other important Cyprus Citizenship by Investment requirements
Cyprus Citizenship by investment program criteria for investor’s family members
Cyprus Citizenship by Investment government Fees
Application Fees for submitting
Fees for Issuance of Certificate
Cyprus Citizenship by an Investment application process
The application for Cyprus passport (Cyprus Citizenship by investment) is submitted to the Cyprus Ministry of Interior with original documents supporting the application together with 2,000 Euros for government fees. The Cyprus Ministry of Finance evaluates the economic criteria of the applicant. All original documents together with a copy should be submitted to the Ministry of Interior. Foreign documents issued by a foreign authority must be translated into Greek or English and duly certified. Once criteria are met, the Ministry of Interior forwards the application to the Cyprus Council of Ministers for approval
Spouse applications can be submitted simultaneously with the applicant’s application. Application for children can follow later on
Once the Cyprus Passport (Cyprus Citizenship by Investment) application is approved, the Cyprus Civil Registry and Cyprus Migration Department issues the Naturalization Certificate, after the payment of 5,000 Euros, which is the certificate issuing fee
It should be noted that the application submission date is the date on which the submission fees were paid
The Cyprus Council of Ministers has full discretion regarding the approval of Application for Cyprus Passport (Cyprus Citizenship by Investment)
The investor must hold a residence permit in Cyprus to qualify for receipt of Cyprus Passport (Cyprus Citizenship by investment). For this purpose, the applicant should apply for a residence permit, which will be made simultaneously with the application submission of the Cyprus Passport (Cyprus Citizenship by investment). Obtaining a residence permit is required by EU regulations. There is still no requirement for the investor to live in Cyprus
Why a Cyprus passport
There are important reasons for applying for a Cyprus passport:
Cyprus passport if the applicant is also a tax resident of Cyprus can also be combined excellently with Cyprus “Domicile” regime which exempts High-net worth non-domiciled individuals moving to Cyprus from personal taxes on rents (3% on 75% on rent income), interest (30%) and dividends (17%) which apply to Cyprus domiciled individuals
How we can help
– We can help you to apply and get your Cyprus Passport and permanent residency
Please contact for a free personal consultation at
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