Overview
European countries are known for their beauty and lively living. They offer many beautiful beaches and rich histories. To increase foreign investment, several European countries, including Cyprus, have introduced investment immigration programs, offering either residency or citizenship.
Why Cyprus?
- Part of the European Union since 2004 and the Euro Zone since 2008.
- Stunning Mediterranean beaches and crystal-clear waters.
- Strong tourism, agriculture, and modern industries.
- Low pollution and low crime rate with world-class amenities.
- Cost-free education and globally recognized universities.
- Favorable tax regime with low to no inheritance tax and lowest corporate tax in Europe.
- Cyprus Passport allows travel to 170+ countries visa-free.
Cyprus Investment Pathways
1. Cyprus Permanent Residency Program
Purpose: Boost foreign direct investment.
Eligibility & Requirements:
- Applicants must be non-Europeans.
- Investment in real estate: Minimum €300,000.
- Initial payment of €200,000 + taxes required.
- Bank deposit: €30,000 maintained for 3 years.
- Minimum annual income: €30,000 for single applicants, +€5,000 for spouse, +€8,000 per child.
Process:
- Processed by Civil Registry and Migration department.
- Application verdict in 2 months.
- No residence requirement, but visit once every two years.
- Applies to applicant, spouse, and dependent children under 25.
2. Cyprus Citizenship by Investment Program
Purpose: Obtain Cypriot citizenship through high-value investment.
Eligibility & Requirements:
- Investment of €2.15 million.
- Additional government contributions: €75,000 × 2.
- Investment options: real estate, business, alternate funds, or financial assets.
Benefits:
- Live, work, and study anywhere in the EU.
- Citizenship can be passed to future generations.
- Approval time: 7–8 months.
Why Use XIPHIAS Immigration?
XIPHIAS Immigration provides expert guidance for cross-border investments, helping investors save time and money. Our team of certified professionals ensures smooth processing for Cyprus Investment Programs.
FAQs
1) What is the Cyprus Investment Program? It offers residency or citizenship to investors who make qualifying investments in real estate or businesses in Cyprus.
2) How much investment is required for Cyprus Permanent Residency? A minimum of €300,000 in approved real estate and a €30,000 bank deposit for three years.
3) How long does it take to get Cyprus Citizenship by Investment? Typically 7–8 months after application and verification of the investment.
4) Can my family be included in the Cyprus investment application? Yes, the spouse and dependent children under 25 can be included.
