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Cyprus

Cyprus, with its warm and stable climate and convenient geographical position, is considered an attractive place for both business and residence. The investment landscape in Cyprus is beneficial due to the island’s well-qualified labour force, attractive taxation and a reliable transport and telecommunications system.

Cyprus has a modern, free-market, service-based economy, where in conjunction with its effective and transparent regulatory and legal framework, it offers international investors and businesses confidence to invest, grow and prosper. Cyprus was ranked number 58 out of 144 countries by the World Economic Forum Global Competitiveness Report 2012 – 2013. A number of new measures have been put into place designed to reboot the economy in the wake of the massive and difficult restructuring of the country’s banking sector, which aim, among other things, at helping stimulate economic growth.

On the 28th of March, 2014 the Government of Cyprus announced the changs to the legislation that would allow foreign investors to acquire the citienship of Cyprus (EU) and to obtain a passport by naturalization in a simlified and a more accesible manner.
Advantages of Cyprus Citizenship:

  • Citizenship of an EU member state
  • Acquire the right to live, work, and study in all 28 EU countries
  • Acquire the right to security within the European social and legal system
  • Full citizenship and passports are granted to the applicant and include family members
  • A Cypriot passport allows visa-free travel to 159 countries around the world
  • Flexible options with no residence required; approval usually within 90 days
  • Qualify by acquiring assets in Cyprus, with no requirement to donate your wealth

Investment Requirements

One of the key benefits of the Cyprus citizenship obtaining program is that it provides secure investments, not donations, as in many countries.

To qualify for the citizenship in Cyprus, the investor must purchase real estate with a minimum cost of € 2 million.

Property purchased in period of the last 3 years is included in the amount of investments. If the cost of purchased property is less than the required size of investment, the investor can buy property on the remaining amount.

CONDITIONS:

  • The investor should not have a criminal record in the country of residence and on Cyprus.
  • The applicants became the members of a collective statement. For citizenship under the terms of the collective schemes there must be 5 applicants.
  • Full Ownership
    2-4
    AMALTHIA VILLA 001 AT MINTHIS HILLS

    Minthis Hills, Paphos, Hill side Cyprus

    from $2,854,000

    Set in a picturesque valley surrounded by vineyards and orchards and overlooking an unspoilt panorama of rolling hills and deep blue sea, lies Minthis...

    • Bed4
    • Baths4
    • Sq Ft3300
  • Full Ownership
    3-4
    ARTEMIS VILLAS AT MINTHIS HILLS

    Minthis Hills, Paphos, Hill side Cyprus

    from $1,525,000

    Set in a picturesque valley surrounded by vineyards and orchards and overlooking an unspoilt panorama of rolling hills and deep blue sea, lies Minthis...

    • Bed3, 4
    • Baths2, 3
    • Sq Ft1740
  • Full Ownership
    5-1
    THE PLATEAU AT MINTHIS HILLS

    Minthis Hills, Paphos, Hill side Cyprus

    from $980,000

    The Plateau is a cluster of 14 exclusive single storey, two or three bedroom residences. Situated on the edge of a valley, they are...

    • Bed3
    • Baths3
    • Sq Ft1400