Cyprus - Business & Investment - Cypriot Investment Programme
The programme is a six to nine month process and offers four different options to qualify for citizenship. With all four options, the applicant must be the owner of a residential property that they purchased for at least EUR 500,000 which must be held indefinitely. Therefore, options two to four have a minimum total capital outlay of EUR 2,500,000 compared to option one which remains at EUR 2,000,000 should the real estate investment comprise of a residential property.
The primary applicant may include dependent children under 18 years of age, as well as adult dependent children between the ages of 18 and 27 years who are enrolled full-time in a recognized post-secondary teaching institution. In addition, the main applicant may include his or her parents but they must also purchase a residential property with a value of at least EUR 500,000.
Key Requirements
1. EUR 2,000,000 investment in new real estate Cyprus Programme Summary
2. EUR 2,500,000 investment in real estate if purchasing a re-sale
3. EUR 2,000,000 investment in alternative investment funds
4. A combination of the above options from EUR 2,000,000, of which EUR 500,000 can be in government bonds.