Immigration to Cyprus

Visa-free access to more than 170 countries and the right to live and work anywhere in the European Union. Cyprus passport holders have many advantages. There are several ways to get citizenship of this warm Mediterranean country. Fast options will require significant capital, slow ones will require seven years of waiting. However, it is possible that the status of a "residence permit" will be enough for you. 

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Since 2013, there was a state program that allows foreigners to obtain citizenship of Cyprus by the purchase of real estate (currently suspended). The offer is rare: most countries first give investors a residence permit, and citizenship only after a few years. Here, the whole family immediately receives European passports, if they fit the conditions. The key one is to invest at least €2 million. 

Other investment options with an eye to citizenship include buying government bonds, shares in investment funds, opening a new or developing an existing business and contributing to the Cyprus shipping industry. All available options can be combined. 

A quick path to citizenship in Cyprus will require a solid capital, but there are also more affordable (from the point of view of Finance) options. First, you can get a permanent residence permit for the purchase of real estate worth €300,000. The main advantage of the status is that it is lifelong, you do not have to update your residence permit every year. The disadvantage is that a Cyprus residence permit (unlike a passport) does not allow you to travel around Europe without a visa. 

Second, a foreigner can obtain a residence permit for financially independent individuals. In this case, there are no requirements for the price of real estate. Moreover, you don’t need to buy realty at all, but rent it. However, this type of residence permit also has a lot of restrictions. Compare the conditions of immigration programs of Cyprus and choose your own.


Immigration programs to Cyprus

Cyprus
Permanent residence permit in Cyprus for the purchase of real estate
Permanent residence For 2 months
from 300 000 €
Cyprus
Permanent residence permit in Cyprus for financially independent individuals
Permanent residence For 12 months
from 9 500 € annual

Companies working with immigration programs to Cyprus

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