Under the new investment plan, investors can now apply for a Cypriot Passport / EU Citizenship through a stand-alone application by investing in a minimum of €2 million in residential real-estate.
The investment must be for the purchase and/or construction, and/or creation of developments such as commercial projects and/or development in the tourist sector and/or any other infrastructure projects.
The spouse of the investor has the right to apply for the citizenship simultaneously with the investor. The children of the investor are entitled to apply for the citizenship but the application is submitted after the investor has acquired the Cypriot citizenship.
The applicant’s parents are also entitled to apply for a Cypriot Passport / EU Citizenship by exception provided that they own a lifetime residence of at least €500.000 (excluding VAT). The application is submitted after the investor has acquired the Cypriot citizenship.
The adult children of an investor are considered as financially dependent if they are students up to the age of 28 and are attending an institution of higher education aiming to obtain a diploma or an undergraduate degree or a master’s degree.
Dual citizenship is allowed and you do not have to give up your current nationality.
You do not need to reside in Cyprus prior to applying for citizenship
Favourable tax system.
You can travel without a visa to at least 176 countries including the 28 EU countries.
For more information, click here to view the Cybarco passport flyer or fill in the following form and a Sales Representative will contact you shortly.
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Cybarco, established in 1945, is the leading luxury property developer in Cyprus.
Part of the prestigious Lanitis Group, one of the biggest corporations in Cyprus, Cybarco is responsible for bringing many of the island’s landmark projects to fruition - including Akamas Bay Villas, Amathusa Coastal Heights, Sea Gallery Villas, The Oval and Limassol Marina, the first residential marina project in the whole of Cyprus.
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