Unlock Your European Dream: Cyprus Citizenship by Investment

Discover the beauty and opportunities that Cyprus, a charming island in the Eastern Mediterranean, offers through its Citizenship by Investment program. Formerly a British colony, Cyprus gained independence in 1960 and has been a proud member of the European Union since 2004, granting its citizens the freedom to move seamlessly across the EU.

Why Choose Cypriot Citizenship?

Becoming a Cypriot citizen comes with a range of practical benefits:

• Global Access: Enjoy visa-free travel to 173 destinations with a Cypriot passport, providing EU-wide freedom of movement.
• Property Ownership: Secure the right to own property in any EU member state.
• Stability: Experience a safe and stable political and social environment.
• Dual Citizenship: Cyprus recognizes dual citizenship, allowing you to retain multiple citizenships.
• EU Membership Perks: Access all the benefits that EU citizenship offers, including the right to work and establish yourself in any of the 27 EU countries.
• English-Speaking Workforce: Benefit from a highly qualified English-speaking workforce.
• Tax Advantages: Non-resident citizens are not subject to taxes.

Apical Immigration Experts's Program Highlights for Cyprus:

Explore the key features of Apical Immigration Experts' Citizenship by Investment Program:

• Efficiency: Obtain full citizenship with a passport in just 9-12 months, without the need for residency.
• Simplicity: A straightforward documentation process for investing your wealth.
• Flexibility: No strict physical presence requirements – only 2-3 one-day visits are necessary.
• Family Inclusion: Include adult dependent children up to 28 and dependent parents in the application.
• Generational Benefits: Citizenship is irrevocable, lifelong, and can be passed down to future generations.
• Investment Options: Combine various investment options, including government bonds, real estate, financial assets, and business investments.
• Recoverable Investments: Full recovery of real estate, financial assets, and business investments after a three-year holding period.
• No Hassles: No language requirements, medical tests, or interviews.

Guidance on Cyprus Citizenship by Investment Program:

Everything you need to know about eligibility, the application process, timeline, and more. Unlock the doors to your European adventure with the Cyprus Citizenship by Investment program.
Achieving citizenship in Cyprus involves making a substantial economic contribution to the country. In return, and after a thorough application process, successful applicants and their families gain full citizenship. The journey to Cypriot citizenship kicks off with a mandatory donation to the government, followed by an investment of at least €2 million, to be maintained for a minimum of five years.
Mandatory Donations:
Applicants must make two essential donations to government funds:

• €75,000 to the Cyprus Land Development Corporation
• €75,000 to the Research and Innovation Foundation or invest in a government-approved business

These donations are in addition to the €2 million minimum investment.
Mandatory Real Estate Investment:
Out of the total investment, at least €500,000 must be in the form of permanent residence for the main applicant.
Other Investment Options:
Real Estate:

• Residential real estate investment: €2 million (including €500,000 for permanent residence)
• Commercial real estate or infrastructure investment: €2 million (excluding €500,000 for permanent residence)
• Note: VAT considerations apply, with 19% on commercial properties and 5% on residential properties.

Cypriot Business:

• Invest at least €2 million in a Cyprus business or company, with a minimum of 5 Cypriot employees.

Equity or Investment Bonds:

• Invest a minimum of €2 million in validated investment funds by the Cyprus Securities and Exchange Commission.

Combination of Investments:
The investment, along with the government donation of €150,000, must total €2 million (excluding the €500,000 for permanent residence). You can choose a single option or combine two or three to meet the minimum investment.

Citizenship Process

• Talk to an immigration advisor
• Choose your investment options
• Visit Cyprus to check out properties and evaluate investments
• Sign a sale contract and provide biometrics
• Prepare and submit the citizenship application
• Receive application approval
• Acquire a Cypriot Passport in 180 days

Timeline:

Expect 8-12 months from application submission to passport issuance

Understanding the Costs

When considering the Cyprus Citizenship by Investment program, it's essential to be aware of the various costs involved, excluding Apical Immigration Experts' fees. These expenses include government processing fees and other related charges:

• Citizenship Application Fee: €2,000 per adult applicant (€80 per child under 18)
• Certificate Issuance Fee: €5,000 per adult applicant (no charge for children under 18)
• Passport Issuance Fee: €120 per person
• ID Card Issuance Fee: €30 per person
• Legal Assistance: €40,000 per family

These fees are in addition to the minimum investment required for each option.

Documentation Needed for Cyprus Citizenship by Investment

To apply for the Cypriot Citizenship by Investment Program, you'll need the following documents:

• Passport from your native country
• Resumes for the main applicant and any adult dependents
• Birth certificate
• Criminal record certificates for the applicant and all dependents
• Marriage certificate (if applicable)
• Three passport photographs
• Documents proving evidence of the required investments
• Due Diligence Report from an internationally accepted database

Exploring Other Programs: Residency by Investment

If you're interested in residency rather than citizenship, Cyprus Permanent Residency offers a legal status allowing non-EU citizens and eligible dependents to live in Cyprus without restrictions.
Key points include:

• The permit doesn't expire, and there's no need for updates.
• Residency holders must visit Cyprus once every two years to maintain their status.
• While employment is not allowed, residency holders can be shareholders in a Cypriot company, conducting business in Cyprus or abroad and receiving dividend income.
• It's important to note that Cypriot permanent residency doesn't provide visa-free travel to other countries or EU member states; it's specific to Cyprus.

For a comprehensive understanding of costs and program details, Apical Immigration Experts is here to guide you through the Cyprus Immigration options.