Cyprus is the third largest island in the Mediterranean, after Sicily and Sardinia, with an area of 9.251 sq. kms. It is situated at the north-eastern corner of the Mediterranean, at a distance of 300 km north of Egypt, 90 km west of Syria, and 60 km south of Turkey. Cyprus is an independent sovereign Republic with a presidential system of government. On May 01, 2004 the Republic of Cyprus became a full member of the EU. Accession to the EU was a natural choice for Cyprus, dictated by its culture, civilization, history, its European outlook and adherence to the ideals of democracy, freedom and justice.
On January 01, 2008 the Republic of Cyprus introduced the Euro as its official currency, replacing the Cyprus pound as the unit of account. Cyprus is also a member of the United Nations, the Council of Europe, the Commonwealth, the Organisation for Security and Cooperation in Europe, and many other international organisations.
In 2013, the Cypriot government changed immigration policies to encourage foreign investment, making it possible to obtain Cypriot Citizenship by Investment in only 6 months. Cyprus is the only European country to fast track secondary citizenship, making it an extremely attractive choice. Applicants and their dependents are not required to live in Cyprus to obtain citizenship, meaning you can apply for and receive secondary passports without having to relocate the entire family or renounce your original nationality.
Cyprus Citizenship may be obtained through purchase of main residence at EUR 500,000. In addition, investment of EUR 1.5 million in residential property or financial assets of Cypriot Companies/Organisations, the secondary market of Cyprus Stock Exchange, investment in Alternative Investment Funds or financial assets of Cypriot companies licensed by the Cyprus Securities and Exchange Commission or in shipping industry or a combination amounting to at least EUR 2 million.
The investment of EUR 1.5 million can be disposed off after a period of 5 years, however, the investor must always maintain a property worth EUR 500,000 .
Donation of EUR 100,000 to Cyprus Land Development Corporation (to be contributed following the application approval)
Donation of EUR 100,000 to the Research & Innovation Foundation (to be contributed following the application approval)
*Both the parents and the parents-in-law of the investor can now be granted citizenship. (the in-laws should have their own residence in Cyprus, valued at no less than EUR 500,000.)
*Adult family members can apply for citizenship at the same time as the main investor. This significantly reduces the time it takes to obtain citizenship for adult family members
*If the applicant invests in a Cypriot company, then it must employ at least 9 citizens of Cyprus or the EU
Sign Retainer Agreement for Huriya Private to act as your Advisor for application, due-diligence & legal process.
Select a date to travel to complete a Cyprus property tour and benefit from preferential hotel rates through our exclusive Huriya Private partnership network.
Review properties and conduct due diligence on the developers and if satisfied select a property (ies) to a minimum value of €2,000,000. Then pay deposit and sign contracts.
Complete purchase of the property (can be completed from your home country) by transferring money into an approved Escrow account with 100% refund status assigned to it, to protect you upon government citizenship approval or rejection after 3 months of Background Security Checks.
Submit the application for Permanent Residence & Citizenship (M127) and supporting documentation.
Permanent Residency issued with 3-4 weeks after property purchase.
Citizenship approval within 10 weeks.
Passport issued after a further 14-16 weeks (6 months after PR card issued).
After 3 years you may sell any property you have purchased as long as you maintain a property worth at least €500,000 on the island indefinitely.
ASIA
• Armenia • Bangladesh • Brunei • Cambodia • Hong Kong • Indonesia • India • Iran • Japan • Kazakhstan • Kyrgyzstan • Laos • Macau • Malaysia • Maldives • Nepal • Philippines • Singapore • Sri Lanka • South Korea • Solomon Isl. • Taiwan • Tajikistan • Thailand • Timor-Leste • Tuvalu
MIDDLE EAST
• Bahrain • Israel • Jordan • Lebanon • Oman • Qatar • Turkey • United Arab Emirates
EUROPE
• Albania • Andorra • Austria • Belarus • Belgium • Bosnia and Herzegovina • Bulgaria • Croatia • Czech Republic • Denmark • Estonia • Finland • France • Georgia • Greece • Germany • Hungary • Iceland • Ireland • Ireland (Rep.) • Italy • Kosovo • Latvia • Liechtenstein • Lithuania • Luxembourg • Macedonia • Malta • Moldova • Monaco • Montenegro • Netherlands • Norway • Poland • Portugal • Romania • San Marino • Serbia • Slovakia • Slovenia • Spain • Sweden • Switzerland • Ukraine • United Kingdom
AFRICA
•• Angola • Botswana • Cape Verde • Comores • Djibouti • Egypt • Gambia • Guinea-Bissau • Madagascar • Malawi • Mauritius • Mauritania • Morocco • Mozambique • São Tomé & Príncipe • Seychelles • Somalia • South Africa • St. Helena • Swaziland • Tanzania • Togo • Uganda • Zambia • Zimbabwe
AMERICAS
• Argentina • Bahamas • Belize • Bolivia • Brazil • Canada • Chile • Colombia • Costa Rica • Ecuador • El Salvador • Guatemala • Honduras • Mexico • Nicaragua • Panama • Paraguay • Peru • Uruguay • Venezuela
CARIBBEAN
• • Antigua & Barbuda • Barbados • Dominica • Dominican Republic • Grenada • Haiti • Jamaica • St. Kitts & Nevis • St. Lucia • St. Vincent & The Grenadines • Trinidad & Tobago
OCEANIA
• Cook Islands • Fiji • Kiribati • Marshall Islands • Micronesia • New Zealand • Palau • Papua New Guinea • Samoa • Solomon Islands • Tonga • Tuvalu • Vanuatu
E-VISA
• Australia • Azerbaijan • Benin • Cote D'Ivoire • Ethiopia • Gabon • Kenya • Myanmar • Rwanda • Tajikistan
€ 2 million
4-6 Months
163+ Countries
Investor, Spouse, dependents up to age 28 and parents of main applicant
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