A non-Cypriot citizen, who meets one of the following economic criteria, either personally or through a company/companies in which he/she participates as a shareholder - proportionally based on the percentage of participation, or even as a high-ranking Senior Manager of a company/companies that meets one of economic criteria, may apply for the acquisition of the Cypriot citizenship. The applicant should have conducted the necessary investments during the three years preceding the date of the application and must retain the said investments for a period of at least five (5) years since the date of the Nationalization.
The applicant must meet one of the following Economic Criteria
(or a combination where applicable).
This option requires an investment/purchases of at least 2 million EUR in real estate or other developments including residential, commercial or infrastructure projects.
Investment in Financial Assets of Cypriot Companies or Organizations
The applicant could purchase financial assets such as bonds, securities or debentures registered and issued in the Republic of Cyprus by Cypriot companies or organizations of at least EUR 2 million.
Purchase, Creation or Participation in Cypriot Businesses or Companies
The applicant have also an option to make an investment of at least €2 million in relation to the purchase, creation or participation in Cypriot businesses or companies that are based and operating in the Republic. These businesses or companies should evidently have a tangible presence in Cyprus and employ at least five Cypriot citizens.
This option requires applicant to have personal fixed-term deposits for three years in Cypriot banks or deposits of privately-owned companies or trusts (in which he/she is the beneficiary owner) in the Republic of Cyprus of at least €2 million.
The applicant is required to have a combination of the above options amounting to at least EUR 2 million.
Note that for the economic criteria 1,3,4,5,6 an applicant should purchase a house of at least €500,000 + VAT.
Please note that on top of the required amount of 2,000,000EUR; investors are now required to provide a governmental donations totalling as 200,000EUR
- +357 77 77 64 77
The information in this section is intended as a guide only and every reasonable effort was made to ensure the accuracy and the timeliness of the information. In no circumstances shall Zyprus be legally bound by any information contained in this section, and shall accept no liability whatsoever in respect of loss caused by reliance on such information.