Cyprus Investment Programme

Investment Requirements

  • Purchase of residential property for at least €2 million or acquisition of investment property for a minimum of €2 million and a residential property for at least €500,000
  • The investor must be the holder of a residence permit in Cyprus to qualify for Cyprus citizenship
  • The applicant must have a clean criminal record (including a clean criminal record for spouse, adult children and parents)

Major Benefits

  • Vise free travel to 158 countries around the globe with full rights of residing, working and doing business within EU.
  • One of the lowest taxation systems in in Europe with double-tax treaties with more than 40 countries. 0% inheritance tax and the lowest rate of corporate income tax in Europe (12.5%)
  • Right of sale of the investment following a three-year holding period.
  • Cyprus legislation permits dual citizenship

Cyprus Permanent Residence

Investment Requirements

  • Acquisition of residential property of at least €300,000 (plus VAT if applicable) from a property development company (not resale)
  • 1 visit required in the 1st year and subsequently once every 2 years
  • Main applicant in good standing
  • Secured annual income of €30,000, originating from abroad

Major Benefits

  • Issued within 2 months
  • Life-long validity without need for renewal
  • Granted to all family members including children and parents from both sides
  • Non-residency requirement other than to visit the country once every 2 years
  • Possibility to own a business in Cyprus and receive shareholder dividens