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Capital: Nicosia
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Currency : Euro (ā‚¬)
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Time to Citizenship: 6 Months
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Total Area : 9,251 km2
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Passport Power Rank: 8
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Visa Free Countries: 180

Location

Gallery

Benefits

Ranked the 2nd most powerful passport amongst the key citizenship by investment programs
Application processing takes 6-8 months
You become a citizen within the European Union (EU)
Lowest taxation rates in Europe with no foreign income and inheritance tax for residents
No physical residency requirement during or after the application procedure (the only requirement is one visit every 7 years)
No interview requirement nor education or management experience required
Visa free travel to 160+ countries worldwide including the Schengen countries, UK, UAE, Australia, Canada, Qatar, Singapore and Hong Kong
The program is open to all nationalities
Cyprus Residence Permit is issued within 5 days from the submission of a joint application for residency and citizenship by investment
Family members below the age of 28 may obtain citizenship

Qualifications

  • Have a high personal net worth
  • Hold no criminal record
  • Be of good health
  • Holds a valid Schengen Visa
  • Has no rejection from any other member-state of the EU
  • Possess a residency permit in Cyprus, for a period of six monthsĀ before being granted citizenship

TIMELINE & PROCEDURE

STEP 1ā€“ Month 1

  1. Elite Citizenship & Investment will pre-screen your passport copy for government pre-approval before requirement of investment.
  2. A down payment of the professional fees is required to open your application (paid on signing of retainer agreement).

 

STEP 2 ā€“ Month 1-2

  1. Select the appropriate real estate investment option.
  2. Collection of the all the required documents according to the Government checklist.
  3. Citizenship application submission along with payment of Government processing fees to Civil Registry and Migration Department.
  4. Sign the sale agreement and pay the purchase price.

 

STEP 3 ā€“ Month 3

  1. Decision to grant the St. Lucio citizenship is issued.
  2. Remaining balance of professional fees are paid.

 

STEP 4 ā€“ Month 4-6

Make your investment, either option: cash contribution or real estate investment.

 

STEP 5 ā€“ Month 6

Citizenship certificate(s) and passport(s) are issued.

VISA FREE TRAVEL

Americas

Anguilla
Antigua & Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bermuda
Bolivia
Brazil
British
Virgin Islands
Canada
Cayman Islands
Chile
Colombia
Costa Rica
Curacao
Dominica
Dominican Republic
Dutch Caribbean
Ecuador
El Salvador
Falkland Islands
French Guiana
Greenland
Grenada
Guadeloupe
Guatemala
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
St BarthƩlemy
St Kitts & Nevis
St Lucia
St Maarten
St Martin
St Pierre & Miquelon
St Vincent
Trinidad & Tobago
Turks & Caicos
Uruguay
Venezuela

Europe

Albania
Andorra
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Faroe Islands
Finland
France
Germany
Greece
Guernsey
Hungary
Iceland
Ireland
Isle of Man
Italy
Jersey
Latvia
Liechtenstein
Lithuania
Luxembourg
Macedonia
Malta
Moldova
Monaco
Montenegro
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
Ukraine
United Kingdom
Vatican City

Africa

Botswana
Comoros
Djibouti
Egypt
Gambia
Kenya
Lesotho
Madagascar
Mauritius
Mayotte
Morocco
Mozambique
Reunion
Bulgaria
St Helena
Seychelles
South Africa
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe

Oceania

Australia
Cook Islands
Micronesia
Fiji
French
Polynesia
Kiribati
Marshall Islands
Nauru
New Caledonia
New Zealand
Niue
Palau
Papua
New Guinea
Samoa
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis & Futuna

Asia

Armenia
Bangladesh
Brunei
Cambodia
Darussalam
Georgia
Hong Kong
Indonesia
Iraq
Palestine
Japan
Jordan
Kyrgyzstan
Laos
Lebanon
Macau
Malaysia
Maldives
Nepal
Oman
Qatar
United Arab Emirates
Philippines
Singapore
South Korea
Sri Lanka
Taiwan
Timor Leste

E-Visa

Australia
Bahrain
Cote D’ivoire (Ivory Coast)
Gabon
India
Kenya
Rwanda
Sao Tome and Principe
Senegal
Sri Lanka
Turkey

*Visa on Arrival

PROGRAM COSTS

The applicant must own a permanent residence in Cyprus with a minimum value of ā‚¬500,000 (excluding VAT), in addition to theĀ oneĀ of the following investment schemes maintained over 5 years.

*There is a one-time government contribution ofĀ ā‚¬150,000.

 

1) Investment in real estate, land development and infrastructure projects:

The applicant must have made an investment of at least ā‚¬2,0 million for the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector) or other infrastructure projects.

 

2) Purchase or Establishment or Participation in Cypriot Companies or Businesses:

The applicant must invest ā‚¬2 million in order to purchase, create or participate in
businesses or companies based and operating in the Republic of Cyprus. These businesses or companies must have a physical presence in Cyprus, substantial activity and a significant turnover, and must also employ at least 5 Cypriot citizens or European Union citizens who during the five years preceding the filing of the application were residing in the Republic of Cyprus.

 

3) Purchase or Establishment or Participation in Cypriot Companies or Businesses:
Cypriot Companies or Cypriot Organizations that are licensed by Cyprus Securities and Exchange Commission (CYSEC):

The applicant must invest at least ā‚¬200,000 million in Alternative Investment Funds established in Cyprus, licensed and supervised by the Cyprus Securities and Exchange Commission and exclusively making their investments in the Republic of Cyprus.

 

4) Combination of the aforementioned investments:

The applicant may proceed with a combination of the above,
provided that the total investment will amount to a minimum of ā‚¬2 or ā‚¬2.5 million. Within this criterion,
the applicant may include the purchase of special government bonds of the Republic of Cyprus of up to ā‚¬500,000.

Location

Location

Gallery

Benefits

Benefits

Ranked the 2nd most powerful passport amongst the key citizenship by investment programs
Application processing takes 6-8 months
You become a citizen within the European Union (EU)
Lowest taxation rates in Europe with no foreign income and inheritance tax for residents
No physical residency requirement during or after the application procedure (the only requirement is one visit every 7 years)
No interview requirement nor education or management experience required
Visa free travel to 160+ countries worldwide including the Schengen countries, UK, UAE, Australia, Canada, Qatar, Singapore and Hong Kong
The program is open to all nationalities
Cyprus Residence Permit is issued within 5 days from the submission of a joint application for residency and citizenship by investment
Family members below the age of 28 may obtain citizenship
Qualifications

Qualifications

  • Have a high personal net worth
  • Hold no criminal record
  • Be of good health
  • Holds a valid Schengen Visa
  • Has no rejection from any other member-state of the EU
  • Possess a residency permit in Cyprus, for a period of six monthsĀ before being granted citizenship
Timeline & Procedure

TIMELINE & PROCEDURE

STEP 1ā€“ Month 1

  1. Elite Citizenship & Investment will pre-screen your passport copy for government pre-approval before requirement of investment.
  2. A down payment of the professional fees is required to open your application (paid on signing of retainer agreement).

 

STEP 2 ā€“ Month 1-2

  1. Select the appropriate real estate investment option.
  2. Collection of the all the required documents according to the Government checklist.
  3. Citizenship application submission along with payment of Government processing fees to Civil Registry and Migration Department.
  4. Sign the sale agreement and pay the purchase price.

 

STEP 3 ā€“ Month 3

  1. Decision to grant the St. Lucio citizenship is issued.
  2. Remaining balance of professional fees are paid.

 

STEP 4 ā€“ Month 4-6

Make your investment, either option: cash contribution or real estate investment.

 

STEP 5 ā€“ Month 6

Citizenship certificate(s) and passport(s) are issued.

Visa Free Travel

VISA FREE TRAVEL

Americas

Anguilla
Antigua & Barbuda
Argentina
Aruba
Bahamas
Barbados
Belize
Bermuda
Bolivia
Brazil
British
Virgin Islands
Canada
Cayman Islands
Chile
Colombia
Costa Rica
Curacao
Dominica
Dominican Republic
Dutch Caribbean
Ecuador
El Salvador
Falkland Islands
French Guiana
Greenland
Grenada
Guadeloupe
Guatemala
Haiti
Honduras
Jamaica
Martinique
Mexico
Montserrat
Nicaragua
Panama
Paraguay
Peru
St BarthƩlemy
St Kitts & Nevis
St Lucia
St Maarten
St Martin
St Pierre & Miquelon
St Vincent
Trinidad & Tobago
Turks & Caicos
Uruguay
Venezuela

Europe

Albania
Andorra
Austria
Belgium
Bosnia & Herzegovina
Bulgaria
Croatia
Cyprus
Czech Republic
Denmark
Estonia
Faroe Islands
Finland
France
Germany
Greece
Guernsey
Hungary
Iceland
Ireland
Isle of Man
Italy
Jersey
Latvia
Liechtenstein
Lithuania
Luxembourg
Macedonia
Malta
Moldova
Monaco
Montenegro
Netherlands
Norway
Poland
Portugal
Romania
San Marino
Serbia
Slovakia
Slovenia
Spain
Sweden
Switzerland
Turkey
Ukraine
United Kingdom
Vatican City

Africa

Botswana
Comoros
Djibouti
Egypt
Gambia
Kenya
Lesotho
Madagascar
Mauritius
Mayotte
Morocco
Mozambique
Reunion
Bulgaria
St Helena
Seychelles
South Africa
Swaziland
Tanzania
Togo
Tunisia
Uganda
Zambia
Zimbabwe

Oceania

Australia
Cook Islands
Micronesia
Fiji
French
Polynesia
Kiribati
Marshall Islands
Nauru
New Caledonia
New Zealand
Niue
Palau
Papua
New Guinea
Samoa
Tokelau
Tonga
Tuvalu
Vanuatu
Wallis & Futuna

Asia

Armenia
Bangladesh
Brunei
Cambodia
Darussalam
Georgia
Hong Kong
Indonesia
Iraq
Palestine
Japan
Jordan
Kyrgyzstan
Laos
Lebanon
Macau
Malaysia
Maldives
Nepal
Oman
Qatar
United Arab Emirates
Philippines
Singapore
South Korea
Sri Lanka
Taiwan
Timor Leste

E-Visa

Australia
Bahrain
Cote D’ivoire (Ivory Coast)
Gabon
India
Kenya
Rwanda
Sao Tome and Principe
Senegal
Sri Lanka
Turkey

*Visa on Arrival

Program Costs

PROGRAM COSTS

The applicant must own a permanent residence in Cyprus with a minimum value of ā‚¬500,000 (excluding VAT), in addition to theĀ oneĀ of the following investment schemes maintained over 5 years.

*There is a one-time government contribution ofĀ ā‚¬150,000.

 

1) Investment in real estate, land development and infrastructure projects:

The applicant must have made an investment of at least ā‚¬2,0 million for the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector) or other infrastructure projects.

 

2) Purchase or Establishment or Participation in Cypriot Companies or Businesses:

The applicant must invest ā‚¬2 million in order to purchase, create or participate in
businesses or companies based and operating in the Republic of Cyprus. These businesses or companies must have a physical presence in Cyprus, substantial activity and a significant turnover, and must also employ at least 5 Cypriot citizens or European Union citizens who during the five years preceding the filing of the application were residing in the Republic of Cyprus.

 

3) Purchase or Establishment or Participation in Cypriot Companies or Businesses:
Cypriot Companies or Cypriot Organizations that are licensed by Cyprus Securities and Exchange Commission (CYSEC):

The applicant must invest at least ā‚¬200,000 million in Alternative Investment Funds established in Cyprus, licensed and supervised by the Cyprus Securities and Exchange Commission and exclusively making their investments in the Republic of Cyprus.

 

4) Combination of the aforementioned investments:

The applicant may proceed with a combination of the above,
provided that the total investment will amount to a minimum of ā‚¬2 or ā‚¬2.5 million. Within this criterion,
the applicant may include the purchase of special government bonds of the Republic of Cyprus of up to ā‚¬500,000.