Non-Cypriot citizens who meet certain criteria and fulfil the terms and conditions outlined by the Government of Cyprus may apply for the acquisition of Cypriot citizenship through naturalisation by exception and enjoy the benefits of being citizens of the European Union.
Investors can apply for Cypriot citizenship by submitting a stand-alone application, upon making an investment of at least €2 million which must be retained for a period of five years and a €150.000 contribution - €75,000 to the Research and Innovation Foundation of Cyprus and €75,000 to the Cyprus Land Development Corporation.
Prior to naturalisation, the applicant must possess a residency permit in the Republic of Cyprus for a period of at least six months.
Criteria / investment options
Investment in real estate, land development and infrastructure projects
The applicant must have made an investment of at least €2 million for the purchase of properties, or for the purchase or construction of buildings, or for the construction of other land development or infrastructure projects.
If the investor buys property which was previously used for the purpose of the Cyprus Investment plan, the total amount must be at least €2.5 million.
If the applicant decides to purchase residential properties, he/she must have invested at least €2 million in one or more properties, provided that the value of one of the properties is at least €500,000 (excluding VAT), which must be kept as the permanent residence of the investor in Cyprus.
Purchase or establishment or participation in Cypriot companies or businesses
The applicant must have invested participated in companies / organisations established and operating in the Republic of Cyprus with investment costs of at least €2 million.
Investments in the shipping sector are eligible.
Investment in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organisations that are licensed by CySecThe applicant must have bought units of at least €2 million from any of the above in investments that meet the criteria of this Programme or in areas approved by the Minister of Finance.
Combination of the aforementioned investments
The applicant may proceed with a combination of the above investments, provided that the total investment will amount up to at least €2 million.
Terms & Conditions
Benefits of the Cyprus Investment Programme
For more information on the Cyprus Investment Programme, visit the website of the Ministry of Interior.
8000 5030 +7 495 643 1901
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Part of the prestigious Lanitis Group, Cybarco has more than 70 years of expertise and is responsible for the development of large and high quality projects both in Cyprus and abroad.
Cybarco is the leading luxury property developer in Cyprus with offices in Cyprus, Moscow and St. Petersburg. The company is responsible for bringing many of the island’s landmark projects to fruition...
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