Cyprus Citizenship by Investment Scheme
Participating in the programme an investor with his family can obtain Cyprus (EU) passports. This is not a residence permit or a visa but rather full citizenship to one of the 28 EU-member state.
Benefits of the programme
An express procedure - 3 to 6months to be approved.
No requirement to reside in Cyprus either before, during or after the approval of the citizensh...
Application documents required
The list of the necessary documents is as follows:
Letter by the applicant or by the representative of the applicant, in which the investment and criterion, under which the application is submitted, are briefly explained.
Application Form M127 fully completed and signed before a Registrar of a Cypriot court or a consular officer
Copy of passport
The Advantages of becoming a Cyprus EU Citizen
Why become a Cyprus citizen? Some of the main advantages of Cypriot Citizenship include the following:
Freely travel, reside and work within the EU. An entire family can obtain Cyprus Citizenship i.e. spouse of applicant, children under 18 years, and adult dependents (ages 18 to 28).
No requirement to physically reside in Cyprus either before the filing of an applicati...
Investment Options For Citizenship
Moreover, the applicant is required to meet one of the following key financial criteria in order to apply for the Cyprus citizenship:
Deposits in banks operating in Cyprus, for a minimum amount of €5 million, and fixed for a three-year period. The list of eligible banks includes local banks and subsidiaries of foreign banks operating in Cyprus, but exclud...