Citizenship by Investment (The Cyprus program)
Christakis Charalambous
Chairman at Domenica Group, Immigration and Permanent Residency Specialist
What does it take to become a European Citizen? In Cyprus €2.000.000 and 90 days!
Europeans consistently cite the freedom to live, study, work and holiday in another EU country as the most positive aspect of the union.“Free movement is the cornerstone of EU citizenship,” says Mina Andreeva, spokesperson for Viviane Reding, Europe’s justice commissioner.
A single application provides Cyprus EU Citizenship and passports for all the Family.
The 340 days of sunshine, mild winters, luscious Mediterranean cuisine, traditional products, but most of all warm, hospitable and welcoming people, makes Cyprus a complete value destination. Investors also look at Cyprus for business and investment purposes, recognizing numerous investment opportunities.
INVESTMENT OPTIONS
1. Real Estate
Applicants may invest at least €2 million in residential properties. In the case of an investment of €2 million in commercial properties, the applicants need to invest an additional €500.000 in a residential property.
2. Purchase, Creation or Participation in Cypriot Businesses or Companies
Applicants may invest at least €2 million in the purchase, creation or participation in businesses or companies based and operating in the Republic of Cyprus. These businesses or companies must have a tangible presence in Cyprus. The applicant, in this case, has to invest an additional €500.000 in a residential property.
3. Investment in Financial Assets of Cypriot Companies
Applicants may invest at least €2 million in the financial assets of Cypriot companies. This includes bonds, securities and debentures registered and issued in the Republic of Cyprus. The applicant, in this case, has to invest an additional €500.000 in a residential property.
4. Combination Investment
Applicants may invest in a combination of the above options. The combination of investments must total at least €2.5 million.
Your 2nd Passport
- Fast-Track process - 90 days from application to receiving Citizenship & Passports.
- Visa-free travel to more than 157+ countries.
- No requirement to physically reside in Cyprus
- Freedom to establish a business in any European country.
- No Restriction on Movement of Capital
- Excellent Rental Yields on Real Estate investments.
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