Investment requirements
An individual who wishes to obtain Cyprus citizenship can do so by making a total minimum investment of EUR 2,000,000 in residential real-estate or a total minimum investment of EUR 2,500,000 in combination of residential real-estate, commercial property, infrastructure projects, Cypriot companies and securities, alternative investment funds and other permitted investment options.
The applicant can either invest entirely in one of these options or can make a combined investment.
To qualify for the Cyprus Citizenship Program, the applicant also has to make 75,000 euros as investment into a Cypriot certified innovative enterprise or a donation of €75,000 to the Research and Innovation Foundation in Cyprus.
Other requirements
- Out of the total investment, the investor is required to hold a residential property of minimum EUR 500,000. The EUR 500,000 investment in residential property in Cyprus has to be kept for life.
- The investor should have a valid Schengen visa granted before the date of application (unless the applicant is a holder of passport exempting them from the need to obtain a Schengen Area visa).
- The investor should not have a residency or citizenship denial by any other European country.
Benefits of obtaining Cyprus Citizenship
As Cyprus is an EU country, citizenship of Cyprus, gives the investor all the rights to live, work and study within the 28 countries of the EU.
The Cyprus citizenship once obtained is valid for life and is transferable to future generations.
An investment made for obtaining the citizenship is worthy as it can eventually generate returns.
The investment can be reduced down to just EUR 500,000, 5 years after obtaining the citizenship.
Cyprus allows dual citizenship and the investor can avail visa free travel to over 150 countries.
Children of the investor can be enrolled in remarkable educational institutions and can avail world class European schooling or can even go for higher studies.
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