The Cyprus citizenship program

The Cyprus citizenship program is the most simple and efficient way to obtain EU citizenship, with absolutely no residency requirements and citizenship is normally granted in just 3 months. Investors and their families can obtain full EU rights, including the right to live and work in any EU country.

Cyprus EU citizenship may be obtained through a residential property investment of € 2.000.000 (excluding VAT). The investment can be a single property or a portfolio of more properties. Property purchased up to three years prior to the submission of the citizenship application will count towards the required investment threshold.

In addition, the investor must also have clean criminal records and must not be on the EU list of persons subject to financial sanctions (i.e. the freezing of their assets). Some personal documents are also required such as passport copy, birth certificate, marriage certificate (if applicable), police clearance certificate, and a detailed biography.

After a period of three years, the investment may be sold, however the investor must always maintain a property with a value of at least € 500.000.

Citizenship is for life and can be passed to future generations.

Benefits of the Cyprus EU Citizenship program are various. Apart from the already mentioned rights to live, work or study within the European Union, the investor will obtain Visa free travel to over 158 countries and protection by the diplomatic or consular authorities, for himself and his family.

There are no language or residence requirements, although the investor must visit Cyprus at least once every seven years.

There is also no need to renounce to the previous nationality, as dual citizenship is allowed in Cyprus (albeit some countries may not allow dual citizenship), and there are no tax consequences as well, unless the investor opts to become a tax resident in Cyprus.

Dual citizenship and tax residency in Cyprus may offer an effective tool for international tax planning and provide financial privacy for banking and investment. It also may improve personal security, enable better freedom of movement and grant access to better healthcare and education opportunities.

All nationalities are eligible for the Cyprus citizenship program.

If you want to be informed of important updates from Exclusive Property Finders, you may want to subscribe to our newsletter

You May also Like this

UAE Residents Visas and ...

The UAE Cabinet has recently announced (11th of July 2020) the withdrawal...

New stamp duty holiday ...

In order to sustain the UK real estate market during the Covid...

Stay home, save lives

During the still evolving circumstances around the global COVID-19 pandemic, we are...

7 good reasons why ...

Hereafter, 7 good reasons why Asian investors should consider to invest in...

A spectacular start to ...

The UK property market saw a spectacular start to the new year...

North-west England is set ...

Despite growth in London plateauing in single figures, forecasts regarding the north-west...

One third of all ...

One-third of all properties valued over GBP 1 million sold in 2018...

10 important tips when ...

Off-plan properties can offer significant benefits, in particular a greater potential for...

Will UK buy-to-let remains ...

The UK buy-to-let sector have traditionally offered a lot of potential for...

UAE law allowing 100% ...

A law allowing 100 per cent foreign ownership of companies in the...

Property prices rise faster ...

Latest researches showed that prices in Manchester’s real estate sector rose faster...

What will be the ...

From the key hubs of the Northern regions to London’s ever-reliable commuter...

Pound is fallen against ...

Following the postponement of a crucial Brexit deal vote by the UK...

Cyprus property sale is ...

Cyprus has seen record growth in property sales according to the new...

Great thanks to all ...

The Moscow International Property Show has now come to the end. We...

The Cyprus Property Guide

If you want to be informed of important updates from Exclusive Property...

Discounted VAT rate for ...

During the last few years, investments in real estate have taken off...

Our forthcoming participation to ...

Our team will participate soon to the next Moscow International Property Show,...

The Dubai Property Guide

If you want to be informed of important updates from Exclusive Property...

Stamp Duty Land Tax ...

If you buy a property over a certain price in England, Wales...

UK property prices rising ...

As growth in London hits a nine-year bottom, performance is still surging...

Typical fees to purchase ...

Legal fees for lawyer providing the legislative services for the preparation of...

The Golden Visa Program ...

Many foreign investors have already chosen the Portuguese Golden Visa Program as...

The Portuguese non habitual ...

Many foreigners have discovered that Portugal is a fantastic place to retire,...

The recently announced 10-year ...

According to the latest announcement made by H.H. Sheikh Mohammed bin Rashid...

The Italy Property Guide

If you want to be informed of important updates from Exclusive Property...

Leeds is a perfect ...

Located just in the middle of Yorkshire, Leeds has a particular strength...

How the so-called “Resident ...

The Italian Tax Authorities recently issued a regulation dealing with the practical...

What about the property ...

There are no restrictions in place for foreigners who wish to purchase...

The Manchester Property Guide

If you want to be informed of important updates from Exclusive Property...

How to purchase a ...

There are no limits for foreigners to buy and sell residential and...

Some tips about the ...

Since its accession to the EU, has become much easier to buy...

A quick guide to ...

UK is an open and well-established market, there are no restrictions on...

The increased interest from ...

Cyprus has witnessed an increased interest from foreign buyers who bought 1.840...

High-end residential property market ...

According to global accounting firm PwC, the definition of high-end residential property is...

Best three UK destinations ...

Property in Manchester House prices, rental values and property transactions in Manchester...

Best three UK destinations ...

Property in Liverpool Overshadowed in the past by the neighbouring Manchester, the...

Best three UK destinations ...

Property in Leeds  Economically vibrant, Leeds is offering increasing employment opportunities, supported...

The Muscat Property Guide

If you want to be informed of important updates from Exclusive Property...

The property purchase process ...

Foreigners can freely purchase properties in Cyprus. The Cypriot legal system is...

The permanent residency program ...

The permanent residency program offers to non-EU nationals the right of residency...

The Budapest Property Guide

If you want to be informed of important updates from Exclusive Property...

Is your existing property ...

In Manchester it could be! Experts claim that Manchester is enjoying a...

The strong student accommodations ...

International students have always paid high rental premiums, but the standard of...

Manchester as the epicentre ...

The huge economic boom in Manchester has been driven primarily by institutional...

Invest in Manchester or ...

For over two decades, London has been the most profitable destination for...

How obtain a residency ...

Whilst the options available have changed a few times over the years,...

The property purchase process ...

Foreign nationals are allowed to buy freehold properties in designated areas. Gulf...

How is the property ...

To purchase any type of property in Hungary, a private person needs...

The integrated tourist complexes ...

A ministerial decision from the Ministry of Housing, Electricity and Water extended...

Round-trip transaction costs of ...

Registration Tax (imposta di registro) For properties older than 5 years, registration...

The property purchase process ...

There are no restrictions on foreign ownership in Italy. It is envisaged...

Italy welcomed more foreign ...

Italy is one of the favourite holiday destination for many travellers, thanks...

Post your Comments

NAME *
EMAIL *
Website