Russian Federation

European citizenship

Obtaining European citizenship-by-investment program.
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Obtaining European citizenship-by-investment program.

The program for obtaining Cypriot citizenship offers the simplest (among EU countries) and effective way for investors and their families to obtain the full rights of EU citizens.

This Program of Economic Citizenship does not require living in the country for a certain period of time and passing language exams.

Usually within 6-12 months, you will receive a passport, which will become your "key" to Europe.

Cyprus has suspended its citizenship-by-investment program, in its current form, effective from 1 November 2020.

The main advantages of obtaining Cyprus citizenship under the investment program:
  • This was the fastest citizenship program in Europe. The procedure took around 6-12 months.
  • The investor had the right to return his investment after 3 years, subject to ownership of a residential property in the amount of at least € 500,000 euros (+ VAT, if applicable)
  • Citizenship was granted to all family members - husband, wife and all financially dependent children under the age of 28.
  • Investor did not have to reside in Cyprus before, during or after applying for citizenship.
  • Dual citizenship was allowed in Cyprus and the fact of acquiring Cyprus citizenship is not disclosed.
  • When purchasing an additional property for € 500,000 euros (+ VAT, if applicable) was the possibility of obtaining passports for parents.
  • Minimum investment of € 2.0 million (+ VAT, if applicable). Real estate investments are also recorded.
  • As owners of a Cypriot passport, your family gained the freedom to live, work, do business, study and travel anywhere in the EU, Switzerland, Liechtenstein, Norway and Iceland.
  • There was no need to take any language proficiency tests or knowledge of Cyprus history.
  • You could travel without visas to 147 countries around the world, including Canada and Australia.
  • Cyprus passport holders are exempt from double taxation and have the right to financial confidentiality.
  • The right to European social packages.
  • Access to European loan programs.