Advantages
- Citizenship for life, applicable for future generations
- Dual citizenship is permitted
- Dependents included:
- Spouse
- Unmarried Children/ Stepchildren under 28
- Parents and Parents-in-Law
- EU Member
- Visa free/travel entry to more than 170 countries, including Canada, Hong Kong, Singapore, New Zealand
- Free access to high quality public education and healthcare system
- No language requirement
- No education or management experience required
- The investment properties may be rented out to provide an income for the investor and sold after a 5-year holding period
Investment Options
- Residential Properties
- Purchasing investment of at least EUR 2,000,000 in a single residential property used as a permanent residence
- An investment of at least EUR 2,000,000 in multiple residential properties
- Where the residential units have been previously used for CIP, the minimum investment amount increases to EUR 2,500,000
- Residential & Commercial Properties
- An investment of at least EUR 2,000,000 in commercial or mixed properties, plus at least one property with a minimum value of EUR 500,000 as a permanent residence; and
Requirements
- The applicant must retain a residential property in Cyprus with a value of at least EUR 500,000 as a permanent residence
- The dependent parents must retain a residential property in Cyprus with a value of at least EUR 500,000 as a permanent residence. The same applies to the dependent parents-in-law.
- The applicant and adult dependent family members must hold a valid Schengen visa at the time of application submission
- The applicant must hold Cypriot Permanent Residence status for 6 months prior to the grant of citizenship
Donation
- Donation of EUR 100,000 to the Research and Innovation Foundation
- Donation of EUR 100,000 to the Cyprus Land Development Corporation
Donation
- Donation of EUR 75,000 to the Research and Innovation Foundation
- Donation of EUR 75,000 to the Cyprus Land Development Corporation
FAQ
The Cyprus Investment Programme (“CIP”) offers eligible individuals and their families the opportunity to obtain full legal citizenship and passports upon making a qualifying significant investment and donation in Cyprus.
The investment requirements are as follows:
- Donation to Cyprus
- EUR 100,000 donation to the Research and Innovation Foundation; and
- EUR 100,000 donation to the Cyprus Land Development Corporation
- Investment (choose 1 of the following options; investment amounts are exclusive of VAT)
- Real Estate
- EUR 2,000,000 for purchase or construction of real estate, held for a minimum of 5 years
- EUR 2,500,000 for purchase of real estate that has already been used under CIP, held for a minimum of 5 years
- Purchase and establishment of or participation in Cypriot businesses/companies
- EUR 2,000,000 for purchase or participation in a Cypriot business/company established and operating in Cyprus. Proof of presence required and employment of five (5) Cypriot nationals.
- Investment in alternative investment funds (AIF) or financial assets
- EUR 2,000,000 for purchase of AIF units or financial assets of Cypriot enterprises/organizations licensed by the Cyprus Securities and Exchange Commission
- Combination of investment options
- EUR 2,000,000 in a combination of the investment options
- Real Estate
Conditions
- Regardless of the investment option chosen, there must be a purchase and lifetime possession of a permanent residence property valued at least EUR 500,000+VAT
- Clean criminal record
- Hold valid Schengen visa
- Cannot have been rejected from another CBI program, or name appear on list of persons with assets frozen in EU due to sanctions
Processing, due diligence, and government fees are additional, and excluded from the cited investment amounts above. Please use the most updated Cyprus fee table for a more comprehensive and customizable quote.
To qualify for citizenship, the primary applicant must be over 18 years old, of good character, without a criminal record, and make a contribution and investment in one of the qualifying investment options.
High-Risk persons are no longer permitted to submit an application under the CIP, and includes individuals who are:
- Politically Exposed Persons (PEP) who (1) hold political positions or (2) have held a political position during the last 12 months
- Subject to criminal investigation without being charged; currently in criminal proceedings and are defendants in a pending criminal case; and/or are being or have been sought by EUROPOL or INTERPOL
- Sentenced to prison for serious offences and the set conviction does not appear on the criminal record
- Affiliated with legal entities which have been restricted by the EU, sanctioned by non-EU countries, or sanctioned by the United Nations Security Council
- Spouse or civil union partner of the main applicant
- Dependent unmarried children and unmarried stepchildren of the main applicant up to 28 years old
- Proof of full-time attendance at a recognized educational institution to obtain a diploma, undergraduate or a master’s degree required for children between 18-28 years old
- Programs for professional qualifications are excluded (ex. chartered accountants, lawyers)
- Dependent children at least 18 years old and physically and/or mentally challenged who are living with and fully supported by the main applicant
- Parents of the main applicant
- Must hold a permanent residence valued at least EUR 500,000+VAT or a joint investment with the main applicant in a permanent residence valued at least EUR 1,000,000+VAT
- Parents-in-law of the main applicant
- Must hold a permanent residence valued at least EUR 500,000+VAT. A joint investment with the main applicant in a permanent residence valued at least EUR 1,000,000+VAT is not allowed.
- Spouse or civil union partner of the main applicant
- Dependent unmarried children and unmarried stepchildren of the main applicant up to 28 years old
- Proof of full-time attendance at a recognized educational institution to obtain a diploma, undergraduate or a master’s degree required for children between 18-28 years old
- Programs for professional qualifications are excluded (ex. chartered accountants, lawyers)
- Dependent children at least 18 years old and physically and/or mentally challenged who are living with and fully supported by the main applicant
- Parents of the main applicant
- Must hold a permanent residence valued at least EUR 500,000+VAT or a joint investment with the main applicant in a permanent residence valued at least EUR 1,000,000+VAT
- Parents-in-law of the main applicant
- Must hold a permanent residence valued at least EUR 500,000+VAT. A joint investment with the main applicant in a permanent residence valued at least EUR 1,000,000+VAT is not allowed.
Le passeport chypriote permet de voyager sans visa dans plus de 170 pays, dont l’Union européenne, le Canada et Singapour. Vous pouvez vivre, travailler, étudier et voyager partout dans l’UE.
La double nationalité est autorisée. La citoyenneté est valable à vie et peut être transmise aux générations futures par descendance.
Le délai de traitement est d’environ 12 mois.
Oui, le demandeur doit se rendre à Chypre au moins deux fois pour (1) soumettre la demande de CIP et fournir des données biométriques pour le permis de séjour et (2) fournir des données biométriques et recevoir le passeport.
Le demandeur n’est pas tenu de résider à Chypre avant d’obtenir la citoyenneté.
Oui, les candidats doivent prouver qu’ils ont suffisamment de fonds pour effectuer l’investissement. Le type de documents requis variera en fonction de la source des fonds d’investissement.
Le présent document est uniquement destiné à fournir des conseils et des informations générales et ne constitue pas ni ne prétend vous fournir des conseils juridiques. Ces informations peuvent être modifiées sans préavis. Chaque cas est unique et dépend des faits et des circonstances de l’individu. Une attention particulière doit être prise si vous appliquez les informations générales à votre situation personnelle. Pour une évaluation de votre situation personnelle, une de nos équipes juridiques se fera un plaisir de vous aider.