Cyprus Investment Program
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CYPRUS INVESTMENT PROGRAM DEFINE YOUR FUTURE The Cyprus investment program offers the most simple and efficient means of obtaining Cyprus citizenship, which provides full EU rights, including the ability to live and work in any EU country. The program requires an investment of €2M in residential real estate, an investment which must be retained for a period of three years. All nationalities are eligible to apply, the application examination period is just six months. TIME TO VISA-FREE CITIZENSHIP TRAVEL 6 MONTHS 173 COUNTRIES EXIT ELIGIBILITY STRATEGY ALL NATIONALITIES 3 YEARS DUAL TAX CITIZENSHIP CONSEQUENCES PERMITTED NONE VISIT FAMILY REQUIREMENT INVESTOR, SPOUSE, DEPENDENTS ONLY 1 VISIT REQUIRED UP TO AGE 28 & PARENTS OF MAIN INVESTOR FOR BIOMETRICS GLOBAL CYPRUS INVESTMENT CITIZENSHIP PROGRAM Invest in your future Citizenship for your family In March 2014, Cyprus changed the legislation that enables foreign investors to become a Cypriot Dual citizenship offers an effective tool for international tax planning and provides financial privacy for citizen and obtain a Cypriot passport through naturalisation, making it more accessible and affordable banking and investment. It improves personal security, enables freedom of movement and allows access than ever. An EU citizen is any person who holds the nationality of an EU country. Passport holders of an to the best healthcare and education opportunities. EU country are entitled to enter, reside, study and work in the European Union, Iceland, Liechtenstein, Switzerland and Norway. Due to political circumstances, citizens of many countries find it difficult to travel abroad and are confront- ed with strict visa restrictions each time they want to enter a foreign country. A second passport enables Non-Cypriot Investors can acquire Cyprus Citizenship by naturalization by exception on the basis of the greatly enhanced mobility. Civil registry Laws 2002-2013. In an unsettled, ever-changing world, acquiring a second citizenship is a wise decision and an investment for the future. Your citizenship of choice is for life, your spouse and children can be included, and there is no need to give up your present nationality while you enjoy the benefits of a legal second passport. HIGHLY EXIT EFFICIENT STRATEGY Most importantly perhaps, citizenship and a passport, particularly from a small, peaceful country, can even save your life when travelling and in times of political unrest, civil war, terrorism or other delicate situations. � PR approval in 5 days � Pure investment - no donation element For good reasons, many international business people from major countries and important persons who � Citizenship approval in 6 months � Main investment can be sold after three years are active worldwide consider an alternative passport as the best life insurance money can buy. � Passports & ID’s issued within 6 months � Investment can generate a good return KEY MOTIVATORS VERY FAMILY PRACTICAL � Mobility � Healthcare & education � Investment opportunities � Investor and spouse � Only 1 visit required for biometrics � Stability and security � Taxation & Succession planning � Financial freedom � Dependent children up to age 28 � No tax consequences � Parents of main investor � No need to relinquish current nationality � Citizenship passed on by descent � No language requirement, medical test, interview GUARANTEE “ We are so confident in the process and approval rate that we offer a full money-back guarantee should the application be declined. Additionally, funds are deposited in a secure account that requires the signature of the independent appointed lawyer in order to be released.” A powerful passport FREEDOM BUSINESS The freedom to live, work, travel, any � Free trade within EU, business access to VISA - FREE / ON ARRIVAL TRAVEL TO 173 COUNTRIES where in the EU 500 million EU citizens EU citizens also enjoy rights in Switzerland, � Establishment and free movement of services EUROPE • Ukraine • Mauritius • Bahamas MIDDLE EAST Iceland, Lichtenstein and Norway which and goods • United Kingdom • Mayotte • Barbados • Albania • Vatican City • Morocco • Bonaire; St. Eustatius • Armenia participate in the European Economic Area (EEA) • Andorra • Mozambique and Saba • Bahrain • British Virgin Islands • Georgia EDUCATION & HEALTH • Austria ASIA • Reunion • Belarus • Rwanda • Cayman Islands • Iran • Belgium • Bangladesh • Sao Tome and • Curacao • Israel European citizens have the right to attend schools/ MOBILITY � • Bosnia and • Brunei Principe • Dominica • Jordan universities within any EU country for free or with Herzegovina • Cambodia • Senegal • Dominican Republic • Kuwait Unrestricted right to live, work, travel and • Bulgaria • Hong Kong • Seychelles • French West Indies • Lebanon reduced tuition rates, as applicable • Croatia (SAR China) • Somalia • Grenada • Oman study anywhere in the European Union • Czech Republic • Indonesia • South Africa • Haiti • Palestinian � European citizens can access the Visa-free travel to 173 countries • Denmark • Japan • St. Helena • Jamaica Territory established first-class EU health care • Estonia • Kazakhstan • Swaziland • Montserrat • Qatar • Faroe Islands • Kyrgyzstan • Tanzania • St. Kitts and Nevis • United Arab systems • Finland • Laos • Togo • St. Lucia Emirates • France • Macao (SAR • Uganda • St. Maarten SECURITY • Germany China) • Zambia • St. Vincent and the • Gibraltar • Malaysia • Zimbabwe Grenadines European citizens have the right to protection by the • Greece • Maldives • Trinidad and Tobago diplomatic or consular authorities of any EU country • Greenland • Nepal OCEANIA • Turks and Caicos Islands • Hungary • Philippines in a third country (country outside the EU) where your • Iceland • Singapore • Cook Islands AMERICAS • Ireland • South Korea • Fiji home EU country is not represented by a consulate • Italy • Sri Lanka • French Polynesia • Argentina Cyprus offers a great place to visit/live, it enjoys a • Kosovo • Taiwan • Kiribati • Belize • Latvia • Tajikistan • Marshall Islands • Bermuda strategic geographical position, offers excellent • Liechtenstein • Thailand • Micronesia • Bolivia worldwide connections, has excellent infrastructure, a • Lithuania • Timor-Leste • New Caledonia • Brazil • Luxembourg • New Zealand • Canada pleasant climate and is highly stable • Macedonia AFRICA • Niue • Chile • Malta • Northern Mariana • Colombia • Moldova • Benin Islands • Costa Rica • Monaco • Botswana • Palau Islands • Ecuador • Montenegro • Cape Verde • Papua New Guinea • El Salvador • Netherlands Islands • Samoa • Falkland Islands • Norway • Comores Islands • Solomon Islands • French Guiana • Poland • Djibouti • Tonga • Guatemala • Portugal • Egypt • Tuvalu • Honduras • Romania • Gabon • Vanuatu • Mexico • San Marino • Gambia • Nicaragua • Serbia • Guinea-Bissau CARIBBEAN • Panama • Slovakia • Kenya • Paraguay • Slovenia • Lesotho • Anguilla • Peru • Spain • Madagascar • Antigua and • Uruguay • Sweden • Malawi Barbuda • Venezuela • Switzerland • Mauritania • Aruba � Cypriot passport holders can quickly and cost effectively obtain visas for other countries, such as the USA INVESTMENT CRITERION Cyprus citizenship may be obtained through a secure property investment: €2 Million investment in residential real estate (in a single property or portfolio) Parents of the main investor can be included in the application provided that they purchase a property with a THE PROCESS value of at least €500,000. This amount can be pooled in the main investment if preferred. step 1 - Review and select real estate investment MONTH 1 Select property/ies (through visit to Cyprus or via correspondence). APPLICATION CRITERIA Sign purchase agreement and transfer funds to a secure account. Receipt issued by Our company, which is required for application. In addition to making a real estate investment applicants must also meet the following criteria / supply the following documents: step 2 - Preparation of citizenship application – the client will receive a detailed application package and document checklist. � Passport (copy) � Police clearance certificate � Marriage certificate (if applicable) Applicant must gather all necessary papers required for application (see application criteria). The documents must be officially translated into Greek or English and certi- � Birth certificate � Detailed biography � Due Diligence Report fied with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy. step 3 - Pre-clearance check APPLICATION FEES The appointed lawyer completes a pre-clearance check. GOVERNMENT FEES TAXES step 4 - Submit applications (PR & Citizenship) - Issuance of Permanent Residency Card � Submission fee €2,000 per adult, � Vat may be reduced to 5% on the first property The applicant/s must visit Cyprus in order to submit the PR and citizenship applications and to give minor child €80 purchase (first200m²), instead of 19% their biometric data required for the issuance of the permanent residency card. The Permanent � Approval fee €5,000 per adult � Additional taxes and duties approximately €4,000 Residency card issued in 5 days. The payment of the government submission fee of €2.000 per adult applicant for the purpose of the citizenship application, is required at this stage. The citizenship appli- MONTH 6 cation is lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior. Applicants are capped at 700 per year step 5 - Completion