Cyprus lies at the crossroads of Europe, between Europe, Africa and Asia, offering a rich cultural heritage, perfect working conditions and warm and stable climate.
Cyprus lies at the crossroads of Europe, between Europe, Africa and Asia, offering a rich cultural heritage, perfect working conditions and warm and stable climate.
Granting of citizenship since 2013 is based on the Scheme for Natutalisation of Investors in Cyprus by Exception on the basis of subsection (2) of section 111A of the Civil Registry Laws of 2002-2015. The following qualifications are required for the application:
1. Investment in real estate, land development, or infrastructure projects: The minimum amount of investment is €2 million for the purchase (or construction) of buildings/land development projects as residential or commercial developments or developments in the tourism sector. Other infrastructure projects may also qualify.
2. Purchase or forming of Cypriot Businesses or Companies: The applicants should buy or participate in businesses or enterprises, which were established and are operating in Cyprus. The minimum amount of investment is €2 million.
3. Investment in Alternative Investment Funds or financial assets of Cypriot companies/organisations licensed by the Cyprus Securities and Exchange Commission (CySec): The candidates must purchase units for a minimum amount of €2 million in alternative investment funds, or financial assets of Cypriot companies which are licensed and supervised by CySec. The naturalised citizens must keep their investment portfolio format least three years.
4. The combination of investment options: The above investments can be combined, but the total amount of investment must be at least €2 million.