In March 2014, the Government of Cyprus adopted an amendment to the legislation that enables foreign investors to obtain Cyprus citizenship (EU) and Cyprus passport through a special state program.
The essence of the program — investor is investing on choice real estate, government bonds, Cyprus or puts money into the Bank, and the result is the citizenship of Cyprus for 6 months for the whole family, including the parents of the investor.
Citizenship is available to citizens of any country. It does not need to know the language or the history of the state, and no obligation to stay in Cyprus how to obtain a passport and after.
The program is for those who want to travel to 158 countries visa free and always have a "reserve airfield". A Cypriot passport allows you to live, work and study in any EU country, and advantageous to optimize the taxation.
WHY MOST INVESTORS CHOOSE A CYPRUS PASSPORT?
Citizenship of the European Union in the short term
Time: 6 months
Unlike other EU countries, thanks to the investment program of Cyprus provides the fastest way to obtain citizenship. The term of submission of documents and obtaining second passport of Cyprus is only 6 months! In other EU countries you can obtain citizenship only after 5-10 years.
Passport for all family members
Children up to 28 years and parents of the investor!
The Cyprus citizenship under this program get all the family members of the principal applicant, including children up to 28 years and parents of the investor. No program offers such conditions for adult children. Your family can enjoy all the benefits of a Cyprus passport is to live, work and study in any EU country!
The choice of place of residence and tax optimization
158 countries without a visa
Cypriot citizenship gives you the opportunity to visit more than 150 countries in the world without a visa and reside in any country of the European Union. With Cyprus passport, you can move my family to Europe, use it for profitable optimization; as well as a "travel" document.
Investment options for obtaining citizenship of Cyprus
Residential property
Investment amount: € 2 million
Extras: no
Commercial property
Investment amount: € 2 million
Additionally: investments in residential property € 500 thousand
Government bonds
Investment amount: € 500 thousand
Additionally: investments in residential property € 2 million
Options combination
Investment amount: € 2 million
Additionally: investments in residential property € 500 thousand
PLEASE NOTE
To maintain the citizenship, the investor must always have the property of at least €500 thousand, the Remaining estate can be sold after 3 years.
BENEFITS FROM INVESTMENT IN REAL ESTATE AND CYPRUS PASSPORT
"ALTERNATE AIRFIELD" IN EUROPE
Having a Cyprus passport, you can always move to any country of the European Union for permanent residence, and the rest use the passport as a "travel" document. Also, you will get the opportunity to open accounts, register the company and the property for a second passport.
TAX OPTIMIZATION
Cyprus has the lowest corporate tax (10%) among EU countries. There is an agreement with 50 countries that eliminates double taxation. But you don't become a taxpayer in Cyprus automatically and have the right to choose any country in which you want to pay taxes.
STABLE INCOME
Every year the island welcomes 3 million tourists, which provides the demand for rental property. You will receive 4% per annum concluded with us the contract on management of real estate. Training for housing search of tenants, lease and tax payments we will undertake.
THE PROCEDURE FOR OBTAINING CITIZENSHIP
4 simple steps
1. THE CHOICE OF OBJECT OF INVESTMENT
At the first stage you will need to determine the investment option to obtain the citizenship of Cyprus. Choice of properties can be arranged remotely and then viewing it in Cyprus.
We select for you the properties that match your criteria. Then organize a trip to Cyprus to view objects. Organization of flights, accommodation and transfers are on us.
2. THE SIGNING OF THE CONTRACT OF PURCHASE AND SALE
Time: 2-5 days
Then you sign a contract of sale of real estate. The contract can be signed both in Cyprus and controlled return.
Funds under the contract are transferred to escrow account, access to which is possible only if the signature that you have appointed a lawyer.
3. PREPARATION AND FILING OF DOCUMENTS
Time: 3-7 days
At this stage, you will need to provide us the minimum package of documents. We will take care of translations, apostilization and filling.
Preparing documents, we submit them to the Ministry of internal Affairs of Cyprus. However, it is also necessary to pay a fee in the amount of € 2 thousand for each adult applicant..
4. POSITIVE DECISION AND PASSPORTS
Time: 4-5 months
In practice, the Ministry of internal Affairs makes a positive decision for 4-5 months. After that you must pay a fee of € 5 thousand for each adult applicant.
Within 3 months you will need our support to register the issued certificate of naturalization to obtain a passport and identity card.
Filing and retrieving documents both in Cyprus and the Cyprus Embassy in your country.