CYPRUS CITIZENSHIP BY INVESTMENT

The Cyprus Investment Citizenship Program is the fastest and easiest way to obtain EU citizenship and all its privileges. In addition to the opportunity to acquire real estate in a sunny country with a high standard of living, the Cyprus investment program has other significant advantages.

The passport of the island state is currently on the 17th place in the rating of passports of countries with investment citizenship (Citizenship Invest Visa Index): citizens of Cyprus have the right to visa-free entry to 159 countries of the world, and can also freely move around the states of the European Union.
Ways to obtain Cyprus citizenship
The process of obtaining citizenship of Cyprus is regulated by the Law on Citizenship, which was adopted in 1967. The usual ways of acquiring Cyprus citizenship are based on jus sanguinis (the right of blood) – this means that citizenship can be claimed by someone who is related to a citizen of Cyprus by blood ties.

Cyprus citizenship allows you to legally live, work and do business in any of the 28 EU countries

There are four main ways to obtain citizenship of the Republic of Cyprus:

Marriage with a citizen of Cyprus. To obtain citizenship, you need to be in a registered relationship for at least three years, and two of them are permanent residents in the country.
Citizenship is granted to those who were born into a family of citizens of Cyprus in the country itself or abroad (at least one of the parents must have citizenship of the country).
Citizenship is granted to people who have special services to the Government or the people of Cyprus.
Naturalization. According to the basic law, citizenship of Cyprus is granted to those who have legally lived on the island for at least 7 years (5 years for children or parents of citizens of Cyprus).
In 2014, the Government of the Republic of Cyprus opened an investment citizenship program, which allows you to quickly obtain a passport through the purchase of real estate or investment in the economy of Cyprus.

Investment citizenship of Cyprus
Investors have the opportunity to take advantage of a simplified program with a minimum of bureaucratic formalities, obtaining EU citizenship in just 6 months with investments in the island's economy in the amount of 2 million euros. You can invest:

in real estate (residential, commercial, infrastructure or land plots for development);
in a business based and operating in Cyprus (staff of at least 5 people);
in securities (bonds, shares, etc.) with government collateral;
in combined investments.
Regardless of the chosen investment scheme, the purchase of real estate in the amount of at least 2 million euros is a prerequisite for obtaining Cyprus citizenship. Therefore, through investments in real estate in Cyprus, you can get a passport at the lowest cost. After three years, part of the assets can be sold, leaving only one or several objects with a total value of at least 500 thousand euros.
Real estate in Cyprus is an opportunity to obtain EU citizenship in a short time

The process of obtaining Cyprus citizenship through real estate investments
The process begins with the selection of a suitable property. Since the property must meet a number of legally established standards, it is better to entrust this process to a consultant of DH

Further, the documents, including those confirming the transaction, together with the application for citizenship are submitted to the Ministry of Internal Affairs. At the same time, the applicant pays a non-refundable fee of 2000 euros. After preliminary approval by the Ministry of Internal Affairs of Cyprus, the application is sent for further processing to the Council of Ministers, where it must be considered within 3 months.

6 months before obtaining "full–fledged" citizenship, the applicant must spend in the status of a resident of the island - for this you need to personally submit biometric data and apply for a resident card. Card processing takes 5 days, no additional payment is required. The last stage of registration is obtaining a certificate confirming the granting of investment citizenship of Cyprus, on the basis of which a passport is issued.

The advantages of the Cyprus investment citizenship program are the possibility of simultaneously obtaining citizenship of the country for all relatives of the investor, including parents and children under the age of 28 (provided that they are financially dependent), as well as recognition of dual citizenship. You can get more detailed information about obtaining EU citizenship through investments in the economy of Cyprus from our consultants.