EU Citizenship

PROPERTYLINK is offering the EU citizenship to investors in Cyprus

Participating in the program investor with his family the investor will obtain Cyprus passports, which is a full European citizenship, taking advantage of all privileges that have any European citizen in any EU country member state.

The program requires the minimum amount of €2mln to be invested in Cyprus for 3 years. The citizenship is granted within just 3 months!

The program has been very successful, and already attracted over 2.5 €billion of direct investments into the economy of the Republic of Cyprus.

 

The program is unique within other European states and offers great advantages:

  1. Granting the Cyprus passport, the Investor and his family can freely reside, work, study, and open business in Cyprus and in any other EU-member state as well as in Switzerland, Liechtenstein, Norway and Iceland.
  2. The Holder of the Cyprus passport can travel without any visa requirements in 157 countries.
  3. Dual-citizenship is permitted. Acquisition of Cyprus citizenship is not reported to other countries.
  4. The passport is issued also for the investor’s spouse*** and all financially dependent children (up to 28 years old). All next generations of investor retain EU citizenship
  5. The investor’s parents are entitled to apply for citizenship provided that they are owners of a Cyprus permanent residence of at least €500.000
  6. There is an express procedure (3 months) can be approved and receive the passport,
  7. There is no further requirement to reside in Cyprus
  8. Minimum investment required is €2mln (here and below amounts are excluding VAT where VAT is applicable)
  9. The investment must be kept for only 3 years. After this period, the assets can be sold. To be more precise, the Law states that a property of minimum value of €500.000 must be kept as a private residence (we expect that this condition will be removed; anyway this private residence can be rented out and generate rental income for investor)
  10. There is no donation to the Cyprus government
  11. There is no requirement for history and language proficiency tests
  12. If an investor sells residential property(ies) of €2mln after 3 years, has to buy another residential property(ies) worth €500.000

An investor is free to choose where to invest from a wide choice of options:

  1. In Residential properties
  2. In Commercial properties
  3. In Development projects
  4. Purchase or creation or participation in Cypriot businesses or companies
  5. Investment funds, financial assets of Cypriot businesses or organizations
  6. Government bonds (maximum €500.000; the balance €1,5mln should be invested in other options like property)
  7. Combination of the above options

An investor must meet the following requirements:

  1. The minimum investment amount is €2mln
  2. Keeping investments for a period of minimum 3 years
  3. Clear criminal record for applicant, spouse, adult children and parents
  4. The investor must own a private residence in Cyprus, purchased for at least €500.000.
  5. The investor must be the holder of a residence permit in Cyprus to qualify for receiving the Cyprus Citizenship. For this purpose, should submit an application for a residence permit, which will be issued simultaneously with the filing of the Citizenship application per the EU regulation.

Download Cyprus Ctizenship Through Investment Brochure
Download Cyprus Citizenship Taxes and Fees