Cyprus Investment Programme
Cyprus offers a new Investment Programme for acquiring the Cyprus Citizenship through naturalisation by exception. The Investment Programme is the more competitive scheme in Europe and it is expected to attract an increase of applications. The Investment Programme allows investors with a total investment of €2.000.000, to apply for the acquisition of Cypriot Citizenship and includes the participation in Alternative Investment Funds (AIFs) and Registered Alternative Investment Funds (RAIFs) as a class of approved investments. Part of the criteria within the Investment Programme is a minimum donation of €75.000 to the Research and Innovation Foundation, as well as a minimum donation of €75.000 to the Cyprus Land Development Corporation.
Investment: €2 million | Residence: €0.5 million | Donations: €150.000 | Investment Retention Period: 5 years | Timeframe: 6 months
Investment: €2 million | Residence: €0.5 million | Donations: €150.000 | Investment Retention Period: 5 years | Timeframe: 6 months
Investment Requirement
The headline investment requirement for a is €2.000.000 in approved investments and €500.000 in housing residence.
Approved Investments
Investment in regulated Alternative Investment Funds (AIFs) and Registered Alternative Investment Funds (RAIFs)Investment in Alternative Investment Funds (AIFs) which are registered in the Republic of Cyprus, licensed and regulated by the Cyprus Security and Exchange Commission and which invest exclusively in Cyprus as well as in Registered Alternative Investment Funds (RAIFs), registered in the Republic of Cyprus and invest exclusively in Cyprus.
Property InvestmentProperty investment includes the investment in land that could be developed, given that there is an investment plan for development. This criterion excludes the purchase of land which is integrated into zero growth zones.
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Residential, Commercial and Tourism DevelopmentPurchase or construction of immovable property whether residential or commercial, and whether related to tourism sector.
Participation or Establishment in a new or existing Cyprus BusinessThe applicant must have acquired, incorporated or participated in businesses or companies residing and operating in the Republic of Cyprus.
Construction ActivitiesInvestment for the purchase or construction of buildings or for the construction of other land development projects is also included in the criteria.
Infrastructure DevelopmentInvestment in infrastructure projects for Cyprus.
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Additional Services
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Advice on the required financial criteria and conditions to be met depending on the particular personal circumstances.
Examine the chosen investment option of the applicant in order to establish the most effective and efficient way to meet the required financial criteria.
Drafting and assisting with the preparation and submission of all required documents.
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Drafting of employment, rental, purchase and other related contracts.
Liaising with the relevant authorities during the examination process.
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People
Michael O. Ioannides
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Andreas N. Leonidou
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Andreas Karamanos
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