Cyprus Investment Requirements
- Invest €300,000 in real estate for residency or
- €2M in real estate for citizenship.
Cyprus Residency Options:
Applicants must buy and keep their main residential home. Cyprus offers 2 fast tracks to residency.
1. Cyprus Residency
Applicants just need to invest €300,000 into property to gain residency and deposit €30k (for 3 years) in a Cyprus bank . This visa will be granted in within 2 months.
Applicants will also need to show that they have an income of at least €30K/year. Add €5k for every dependent and €8K for every parent.
Applicants may include their family (dependent children up to 25 years) and will just require 1 visit every 2 years.
This visa option is one of the easiest and fastest ways to residency anywhere.
2. Cyprus Investment Program (CIP)
If you are looking for the faster and easiest way to Cyprus citizenship that gives you the freedom to work, live, study, travel and retire anywhere in the EU, this is it!.
Applicants will need to invest €2million in new build property/properties to gain the citizenship (€2.5 million for 2nd hand properties). In additional, a €150,000 government donation is needed. After 5 years, you may reduce your property investment to just €500,000, ie., you can liquidate €1.5 million of your property portfolio. Applicants will obtain their citizenship within 6 months.
Time to Cyprus Residency
Application for Cyprus Residency will take about 2 months.
Application for Cyprus Citizenship will take about 6 months.