Golden Visa Cyprus. Permanent Residency €300,000. EU Citizenship €2.0 million.
Cyprus offers two golden visa programs through real estate investment. One for permanent residency and one for citizenship. The two Cypriot immigration investment schemes are fast and efficient at granting a residency permit and second passport. Cyprus is a full member of the European Union and English is widely spoken on the island.
Permanent Residency Cyprus
Applicants can secure permanent residency in Cyprus through investment in real estate. The programme is one of the fastest and simplest investor visa programmes in Europe. It requires investment of just €300,000 into property to gain the Cyprus residency permit.
The residency visa is granted within two months and covers the whole family. It includes parents of both the main applicant and spouse plus dependent children up to the age of 25. It is valid for life and can be passed down to dependents and spouse.
The permanent residency programme offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years.
The investment may be made by a company for which the main applicant and spouse are beneficial owners. The investment can be in to a maximum of two properties provided they reach the €300,000 permanent residency limit. The properties purchased must be brand new.
Key Facts – Permanent Residency
- Investment of €300,000 (plus costs and taxes)
- Full family qualification (Grandparents, Parents + Children up to Age 25)
- Visit required once every two years.
- Ease of travel throughout European Union
- Simple, fast process (2 months)
- Investment into new property
Citizenship by Investment Cyprus
Cyprus offers the quickest, most assured route to European citizenship and a second passport through the Cypriot citizenship by investment programme. An investment of €2.0 million in real estate is required. Cyprus is unique in its offering of citizenship within just 2-3 months of such an investment. This grants a Cypriot passport and EU citizenship, allowing the freedom to work, travel, study and live anywhere within the EU including countries such as Germany, France and the UK. The investment can be reduced down after 3 years to just €500,000.
Key Facts – Citizenship by Investment
- Investment of €2.0 million
- Full family qualification (Children up to Age 28)
- Flexible. No requirement to reside.
- Full member of the European Union
- Simple, fast process
- Second European passport in just two months
The main attraction for high net worth individuals is the immediate EU citizenship on offer for qualifying real estate investments. Read more on the Cyprus Citizenship by Investment Program.
Applicants are required to have a clear criminal record. There is no language requirement, medical test or interview for citizenship applicants. Enquire here.