Acquisition of Cyprus citizenship (naturalization by exception) by investment
The Cyprus Council of Ministers has revised and approved the “Scheme for naturalization of Investors in Cyprus by exception” in order to attract foreign investment in Cyprus.
A foreigner, who fulfils one of the following economic criteria, either personally or through a company/ies, in which he participates as a shareholder or even as a high-ranked senior manager of a company/ies may apply for the acquisition of Cypriot citizenship through naturalization by exception. A high-ranked senior manager may apply, provided that he receives such a salary that generates for the Republic tax revenue of at least €100,000 for a 3 year period and provided that this tax has already been paid or prepaid.
The applicant must have concluded the necessary investment during the 3 years preceding the submission date of the application (that is to say that if the applicant submits an application in 2016, the investment must have been concluded during 2013-2016) and must retain this for a period of at least 3 years from the date of the naturalization.
The application process (from the date of filing the application till the acquisition of citizenship) usually takes 4-6 months to complete.
Terms and Conditions
- Clean criminal record,
- Ownership of a permanent privately-owned residence in Cyprus,
Residence in the Republic od Cyprus.
Individual investors wishing to apply for Cyprus citizenship using the above criteria and/or for any enquiries and questions, please contact us at firstname.lastname@example.org and we will be happy to assist.