EU Passport,
CBI QUALIFICATIONS

Offered in accordance with the Civil Registry Laws 2002- 2013, the Naturalisation of Investors by Exception Scheme is one of the fastest to lead to residence and citizenship in Europe.

To qualify, applicants must fulfil the investment options in addition to meeting the following criteria:

  • Possess a valid passport;
  • Hold no criminal record;
  • Not be included in the list of persons whose property is ordered to be frozen within the boundaries of the EU;
  • Be a resident before being granted citizenship.

INVESTMENT REQUIREMENTS

According to the regulations issued by virtue of the Civil Registry Laws, foreign investors who wish to obtain Cypriot citizenship by investment must meet the following requirements:

Hold a permanent, privately owned residence in the Republic of Cyprus, the purchase price of which must be at least €500,000 plus applicable VAT;

Choose one of the prescribed investment options for €2 million and maintain it for the required duration of 3 years;

In the case that one chooses to invest in residential properties only and one of the residential properties is priced at €500,000, then the total investment amount must be only €2 million.


WORK & LIVE IN EUROPE


HAVE A BUSINESS IN CYPRUS


VALID FOR LIFE


GRANTED TO ALL FAMILY MEMBERS

INVESTMENT OPTIONS

  • Real Estate, Land Development and Infrastructure Projects.
  • Applicants may make an investment of at least €2 million in the purchase or construction of buildings, land development projects (residential or commercial) or infrastructure projects.

BENEFITS OF THE CBI PROGRAM:

  • Fast-track procedure with approval of citizenship applications within 3 months;
  • Simultaneous submission of residency and citizenship applications;
  • No physical residence requirements during or after the application procedure. The only requirement is for 1 visit every 7 years;
  • No language requirements;
  • Parents qualify provided they own a property or a share of €500,000 in a residential property of the main applicant;
  • Civil unions qualify for submission;
  • No obligation to relinquish current nationality;
  • Low tax rates and free trade within the EU;
  • Legal system based on English common law;
  • Unrestricted right to live, work and study in Europe;
  • Right to own property in an EU member state;
  • Strategic geographical location forming a bridge between the EU, the Middle East and North Africa;
  • One of the safest countries, with excellent education and health care systems.

CBI PROGRAM
STEPS AND TIMELINE

The table below breaks down the application process into eight basic steps. Some require the applicant’s involvement, while others are executed by authorised person that must be appointed by a main applicant . Each step must be completed before continuing to the next.

PHASE I

Residency

STEP 1

All necessary documents must be prepared by the applicant and be properly legalised.

STEP 2

Applicant selects an investment option.

STEP 3

All necessary actions are taken for implementing the chosen investment option.

STEP 4

Simultaneous applications for residency and citizenship.

STEP 5 (MONTH 3)

Residency cards issued to main applicant and spouse.

PHASE II

Citizenship

STEP 6

Issuance of Citizenship Approval.

STEP 7

Issuance of Naturalization Certificates of the main applicant and spouse included in the application.

STEP 8 (MONTH 6)

The approval of the citizenship application will be given in 3 months from the date of application. The issuance of the passport will be made within an additional 3 months.