In an effort to promote the economy, the Cyprus Government has taken a unique step to grant citizenship to non-EU applicants. Applicants with a clean criminal record can apply for Citizenship by Investment. The key advantages of this program are EU citizenship and visa-free travel to over 140 countries, which includes Canada and Hong Kong. Cyprus’s economic citizenship program does not require a contribution to the country; applicants and their families are granted citizenship because of direct investment.
CYPRUS CITIZENSHIP BY INVESTMENT PROGRAM
The Cyprus Citizenship by Investment Program requires the applicant to make an economic contribution to the country. In exchange, and subject to stringent application procedures, such as background checks, applicants and their families are granted citizenship. To qualify for citizenship, the applicant must be over 18 years of age, satisfy the application requirements and select one of the three options available.How to apply for Cyprus Citizenship by Investment Program?
There a few options to apply for the Cyprus Citizenship by Investment Porgram. Since there are more and more price adjustments for the individual investment possibilities, we have given you a page with daily prices on which they can inform themselves. Most programs offer three investment opportunities: 1.) a Government Donation 2.) a Real Estate Investment or 3.) a Business Investment. There is of course the possibility to invest in several options at the same time. For some programs this is even mandatory. The current prices can be found on our special website: Citizenship by Investment Countries and Pricings.
DUAL CITIZENSHIP CYPRUS
Cyprus’s Citizenship by Investment Program allows for the applicant to maintain dual citizenship.
SECOND PASSPORT CYPRUS
Having a second passport of Cyprus can bring lots of advantages as visa-free travel by overcoming your current restrictions. Therefore, a second passport can be particularly helpful if your business requires frequently travels around the world. Also it is a big asset in case your current country is politically unstable.
If you are in the situation where you cannot get or renew a passport in your home country (e.g. political instability, civil war, etc.), the right to another passport can be the best choice. Even by simply loose your passport, it may take some time until you can get a replacement, and having another passport may be crucial. Or another example, if you require a visa and you have already sent your passport to a foreign embassy or consulate for processing, you cannot travel overseas during that processing time – unless you have a second passport.
Any more questions about Cyprus Citizenship? Please get in contact with us.
Further detailed information on all our offered Citizenship Programs and the possibilities to invest in such a Citizenship by Investment Program are explained on the individual pages of the programs. We would be delighted to assist you in advising and selecting the most appropriate Citizenship by Investment Program. Contact us!