2ND PASSPORT

CYPRUS

Citizenship after 7 years

39/203

GLOBAL PASSPORT RANK

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HIGHLIGHTS

Passport in 7 years

490 000 USD

Residency in 2-3 months

Renewable residency

Visit required

Schengen access

Do you want to know more about Cyprus ?

PROGRAM DETAILS

For those who are seeking permanent residency in the European Union, Cyprus has a well-established and popular golden visa program. Foreign investors are required to buy up to two, brand new real estate units, which include VAT. Prices begin from 300 000 EUR (330 000 USD). Additionally, the applicant has to deposit at least 30 000 EUR (33 000 USD) in a local bank account for the duration of the residency. The investor is then free to sell the investment property at any time, but the residency status will be lost in this case.

The program is designed for wealthy foreign investors. Thus, applicants must prove that their income from abroad exceeds 30 000 EUR (33 000 USD). The income from the investment may not be regarded as a source of income for the purpose of the application procedure.

The applicant may also receive the residency for their spouse and dependents. In order to add children over the age of 18, additional documents to prove dependency will need to be provided. Where dependants are involved, the investor will need to prove that their annual income covers all additional costs.

 

WHY CYPRUS?

     

         Key advantages:

    • Schengen access
    • Permanent residency, can be prolonged
    • Up to two investment units
    • Family members may be added (including parents)
    • Options with ROI

ACTIVE OPTIONS

SINGLE APPLICANT

490 000 USD

  • Includes the investment in the real estate and VAT
  • Includes the deposit at the local bank account
  • Includes the state fees
  • Includes the due diligence fee
  • All inclusive, no hidden fees

MARRIED COUPLE

500 000 USD

  • Includes the investment in the real estate and VAT
  • Includes the deposit at the local bank account
  • Includes the state fees
  • Includes the due diligence fees 
  • All inclusive, no hidden fees

FAMILY WITH 1 CHILD

510 000 USD

  • Includes the investment in the real estate and VAT
  • Includes the deposit at the local bank account
  • Includes the state fees
  • Includes the due diligence fees 
  • All inclusive, no hidden fees

FAMILY WITH 2 KIDS

520 000 USD

  • Includes the investment in the real estate and VAT
  • Includes the deposit at the local bank account
  • Includes the state fees
  • Includes the due diligence fees 
  • All inclusive, no hidden fees

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