Citizenship By Investment

Citizenship By Investment

Citizenship by Investment

Cyprus Investment Visa also known as Citizenship by investment provide you a chance to move to Cyprus, EU which has recently been ranked the 5th best relocation destination in the world by an international lifestyle review (source : 2014 report prepared by Knight Frank, leading independent, global real estate consultancy firm). Ranked by key business and leisure indicators, Cyprus was the only European country alongside Switzerland to make it into the top five – ahead of London, Madrid and Monaco. Cyprus ranked highly because of its favorable tax regime for new residents, particularly high net worth individuals.

With at least 320 days of sunshine a year, Cyprus has classified the sunniest European location. Also, noteworthy, are recent studies conducted by global immigration experts, ranking the Cyprus Citizenship by investment program among the “top ten best in the world”.

Certificate of Naturalization Passport “3 WEEKS”

INVESTMENTS & PREPARATION

Investment minimum Euro 1.5 million

Purchase main residence; Euro 500,000

Prepare Residency (if applic.) & Citizenship Application File

Prepare supporting documents “6 MONTHS (FAST-TRACK)”

PROCESSING TIME

The ministry of Interior conducts due diligence & issues confirmation of submission of application for CBI. In Principle Approval for the citizenship application is granted within 2-3 months. Passports and Certificates are issued within 6 months of filing.

LEGAL BASIS

Cyprus Citizenship by Investment is available to investors in Cyprus by Exception pursuant to the Decision of the Council of Ministers may grant citizenship by naturalisation to foreign entrepreneurs. Additionally, the Law provides for the granting of the Cypriot citizenship by investment to the spouse, children as well as parents of the investor. Neither the spouse not the children are obliged to meet any additional financial criteria.

Know your Investment Visa application eligibility

BENEFITS

6 months Process: Fastest route to EU Citizenship.

No Minimum Physical Residency prior, during or after Citizenship.

EU free Movement of Goods, Services, Capital.

Residency Permit issued within 5 days of Application.

Valid for Life

Citizenship Transferable to Descendants

ELIGIBILITY

To qualify under the regulations, the main applicant for citizenship must be at least 18 years of age and must meet the requirements outlined in this fact sheet.

DEPENDENTS AND PARENTS ARE ELIGIBLE

The main applicant may also add dependents to a citizenship application including his/her spouse and children, as well as parents to benefit under the Cyprus Citizenship by Investment Programe.

“Children” includes those up to the age of 18 and children from the ages of 18-27 if they are financially dependent on the main applicant. Additionally, an investors’ child with severe physical or mental disability that makes him or her unable to work is also considered as financially dependent.

Parents of the main applicant may be included in the same application provided an additional 500,000 Euro investment is made in residential property in Cyprus.

KEY REQUIREMENTS

Purchase main residence : 500,000 Euro

Invest a minimum of 1.5m Euro in residential property or 2m Euro in other investment options.

Investment on property can be reduced to a minimum of 500,000 Euro (plus VAT, if applicable), after 3 years

These include investment in financial assets of Cypriot companies /organizations, investment in Alternative investment Funds or financial assets of Cypriot companies licensed by the Cyprus Securities and Exchange Commission(CySec) or a combination amounting to 2m Euro

Clean criminal conduct

Investor’s name must not be included on the list of persons whose property is ordered to be frozen by the EU

Why Work With Us?

Success Rate

Problem Solving, Integrity, Honestly

Trusted Legal & Tax Advisors

Maintaining strict client confidentiality

For Cyprus

Cyprus-Malta Immigration Lawyers

Cyprus-Malta Lawyers, Tax advisors, Fiduciary staff

Small firm personal, Big firm expertise