Citizenship of Cyprus
through investment (granted in 3 months)
In accordance with the changes in legislation on Cyprus citizenship of September 13, 2016, the right to receive citizenship extends to investors & members of their family who own real estate in Cyprus in an amount of 500,000 euro, provided that the investor makes an additional investment of at least 1.5 million euro for a period of at least 3 years.
Cyprus is beautiful safe & developing. It is an ideal place to live and invest. Cyprus is in the centre of three continents (Europe, Asia & Africa), one can easily reach the main countries within 1-2 hours. It is an attractive destination for business & investment and also a favorite place for rich to settle down. Cyprus attracts millions of tourists every year. Imagine 300+ days of sunshine and sandy beaches all over the Island. You will enjoy the beautiful landscape & the view of the Mediterranean. Cyprus was a British Crown colony until 1960; after achieving independence it became a member of the Commonwealth of Nations in 1961 & member of the European Union in 2004. Cyprus has a worldwide reputation as a place for international businesses. The favorable tax regime and the geographical position, combined with the highest quality of services are the key factors for its popularity.
Most European countries allow investors to receive temporary residency or, in rare cases, permanent residency. Cyprus is the only EU country that offers foreign investors the opportunity to receive citizenship through investment in just 90 days.
Who can participate in this program
All candidates must lack a criminal record & must not be barred from entry into the EU.
Conditions of participation in the Cyprus, Citizenship by Investment Program:
Ownership of real estate in Cyprus for a minimum amount of 500,000 euros
Investment for an amount of 1,500,000 euros in –
Real Estate in one or multiple units in Cyprus (Residential/Commercial/Infrastructure) or
State Bonds or
Alternative Investment Fund
Note - The applicant can combine the aforementioned ways of investment, but the total amount must reach at least 2,000,000 euro. The investment package can include purchase of Cyprus state bonds in a maximum amount of 500,000 euro. You may sell your main investment of 1,500,000 after a period of three years; however, you must always maintain a property with a value of at least 500,000 euro.
CHOOSE A RELIABLE INVESTMENT PROJECT
Experts at Novalife continually keep track of the Cyprus real estate market. We can confidently offer you the best investment options that have passed our independent evaluation
GATHER ALL THE NECESSARY DOCUMENTS
Novalife associates will help you prepare all the documents you need and fill in the official forms, so the client’s file will be of the highest quality for submitting for citizenship. This step is a very important one, because the review of the client’s file, together with verifying its contents, has a direct impact on the expected result.
SUBMITTING THE APPLICATION FOR APPROVAL
After the client’s file has been drawn up, our experts will track its submission to the Cyprus state authorities. These authorities will examine the client’s file, verify its contents, and make a decision on whether to grant citizenship of Cyrus, after which the client will receive a certificate of naturalization to confirm this, and using that certificate you can receive a Cyprus passport and ID card
Fees and Program Cost:
Per applicant: € 8000 per person
Our professional fees:
Principal applicant: €70,000
Each Dependent child aged 0‐17: €5,000
Each Dependent aged 18-28: €5,000
Would you want you and your family to become passport holders of Cyprus and become a citizen of the world?
Get in touch with Novalife!
No hidden fees
Support up to & after receiving residence
Assurance of your residence permit
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From an Expert at Novalife
Our experts at associate office will help you take the oath of allegiance to the Republic of Cyprus and speed up the process of issuing documents attesting to your status as a Cyprus citizen (Cyprus passport, ID card), after which you can enjoy all the advantages that citizenship of an EU country brings you