EU Citizenship is gained when:
Requirements:
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Investment of € 2.000.000 plus VAT in residential / commercial properties.
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Additional permanent private residence valued at minimum €500.000 plus VAT.
Applicant may invest in more than one property.
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3-4 months approval period.
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€ 150.000 Government Donation
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Clear criminal record.
Benefits:
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Dual Citizenship
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Strategic geographical location of island between EU, Middle East and North Africa.
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Full EU rights.
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No language requirements.
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Right to vote.
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Freedom to work, reside study and travel.
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Travel to 157 countries without need of Visa.
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Not required to reside in Cyprus.
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Citizenship granted to all family and financially dependent children up to 28 years of age.
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Free higher education in public universities plus lower tuition fees in EU universities.
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Own a business in Cyprus or the EU.
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Valid for life.
Permanent Cyprus Residency requires:
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Investment of €300.000 plus VAT.
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Required to visit once every two years.
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Investment into new property.
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Secured annual income from abroad.
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Funds transferred from abroad and deposited in a three-year fixed deposit account in a Cyprus Bank.
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2-month approval period.
Benefits:
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No tax consequences.
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No language requirements.
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No renewal for Residency required.
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Insurance policy for the future.
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Access to healthcare and education.
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1-year Schengen Visa in any EU embassy in Nicosia.
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Eligible for EU Citizenship application.
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Own a business in Cyprus or the EU.
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Full family qualification.
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Lowest crime rate in Europe.
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Strategic geographical location of island between EU, Middle East and North Africa.