EU/CYPRIOT PASSPORT

Fast Procedure

Passports issued within three months. Passports issued to the investor, their spouse and dependent children up to age 28, provided they are in full-time education.

Taxation

No tax consequences, unless you opt to become tax resident in Cyprus. Cyprus has no inheritance tax, has a highly favourable corporate tax structure and a comprehensive double tax treaty network.

Citizenship

The Republic of Cyprus allows dual citizenship. Also, citizenship is passed on by descent, thus offering a legacy to future generations.

Geographical position

Cyprus offers a great place to visit/live, it enjoys a strategic geographical position, offers excellent worldwide connections, has excellent infrastructure, a pleasant climate and is highly stable.

Business Access

Free trade within EU through Cyprus, business access to 500 million EU citizens.

Visa

Visa-free travel to 157 countries. Cypriot passport holders can also quickly and cost effectively obtain visas for other countries, such as the USA.

INDIVIDUAL PASSPORTS

THE PROCESS

Applicant must gather all necessary papers required for application (see application criteria). The documents must be officially translated into Greek or English and certified with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.

Selected property/ies (through visit to Cyprus or via correspondence). Sign purchase agreement and transfer funds to a secure account. Receipt issued by developer, which is required for application.

Payment of submission fee €2,000 per adult applicant. Application lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior.

Citizenship approval from the Ministry of Interior within a 3 month period. Payment of €5,000 per applicant approval fee.

Applicant (and spouse) must visit Cyprus within 3 months of receiving approval to affirm faith to the Republic of Cyprus in the district court and to collect their passport and identity card/s.

Submit the applications of children to be naturalized. Applications of minor children are processed within 3 week; they can visit Cyprus anytime to collect their paper. Adult children’s applications are processed within 2 months and are subject to a submission fee of €2,000 and approval fee of €5,000. Adult children must visit Cyprus within 3 months to make the necessary oath and collect their passport and identity card.

INVESTMENT CRITERIA

Cyprus citizenship may be obtained through a secure property investment, the financial criteria are as follows:

  1. €5m investment in a single luxury property
  2. €5m investment in real estate plus €500.000 permanent residence
APPLICATION CRITERIA

In addition to make a financial investment applicants must also meet the following criteria/supply the following documents:

  • Passport
  • Birth certificate
  • Police clearance certificate from country of origin
  • Marriage certificate (if applicable)
  • Detailed biography

GROUP PASSPORTS

THE PROCESS

Applicant must gather all necessary papers required for application (see application criteria). The documents must be officially translated into Greek or English and certified with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.

Selected property/ies (through visit to Cyprus or via correspondence). Sign purchase agreement and transfer funds to a secure account. Receipt issued by Pafilia, which is required for application.

Payment of submission fee €2,000 per adult applicant. Application lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior.

Citizenship approval from the Ministry of Interior within a 3 month period. Payment of €5,000 per applicant approval fee.

Applicant (and spouse) must visit Cyprus within 3 months of receiving approval to affirm faith to the Republic of Cyprus in the district court and to collect their passport and identity card/s.

Submit the applications of children to be naturalised. Applications of minor children are processed within 3 week; they can visit Cyprus anytime to collect their paper. Adult children’s applications are processed within 2 months and are subject to a submission fee of €2,000 and approval fee of €5,000. Adult children must visit Cyprus within 3 months to make the necessary oath and collect their passport and identity card.

INVESTMENT CRITERIA

Cyprus citizenship may be obtained through a secure property investment, the financial criteria are as follows:

  1. €2.5m investment in a single luxury property
  2. €2.5m investment in real estate plus €500.000 permanent residence
APPLICATION CRITERIA

In addition to make a financial investment applicants must also meet the following criteria/supply the following documents:

  • Passport
  • Birth certificate
  • Police clearance certificate from country of origin
  • Marriage certificate (if applicable)
  • Detailed biography

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