As of 19 March 2014 and in accordance to Cyprus laws, non-European Citizens investing in the economy of Cyprus have the opportunity to obtain Cyprus (European) citizenship.
Our Law Firm offers a complete package to facilitate the submission of investment citizenship applications and to ensure citizenship for all family members.
Our Law Firm will assist with all matters and will be on hand to assist throughout the process to collate and present your completed application to the Cyprus Authorities.
|Applicant||Submission Fee||Certificate Fee|
|Adult Child (under 28)||€2,000||€5,000|
|RESULT||EU Passport||EU Passport||EU Residence for 5 years (3 years then 2 years); passport after 6 years plus exam in English||EU Residency for 5 years||EU Residence for 5 years; passport after 6 years plus exams in the Latvian language and history|
|TIMESCALE||3 months||12 - 14 months||6 years||10 years||6 years|
|INVESTMENT AMOUNT||EUR 2.000.000||EUR 500.000 (or EUR 150.000 plus rent of a property for minimum EUR 16.000 for 5 years)||GBP 2.000.000||EUR 500.000||EUR 250.000|
|DONATION||Not Required||EUR 650.000 (plus EUR 50.000 for every adult family member and EUR 25.000 for under 18)||Not Required||Not Required||Not Required|
|INVESTMENT DURATION||3 years||5 years||5 years||5 years||5 years|
|INVESTMENT TYPE||Bonds or securities of Cyprus Companies, or Real Estate, or Business||Bonds and Real Estate||Bonds or securities of the UK companies (75%) and Real Estate or Deposit (25%)||Bonds or Real Estate or Business||Real Estate|
|PHYSICAL RESIDENCE||No||6-12 months||Not to be absent for more than 450 days within first 5 years and not more than 90 days within the 6th year||Yes||No|
|DUAL CITIZENSHIP PERMITTED||Yes||Yes||Yes||No||No|
|VISA FREE TRAVEL,RESIDENCE &|
WORK IN EU
|Unlimited||Unlimited||Residence in the UK, no working permission||Free travel in Schengen countries and residence in Spain, no working permission||Free travel in Schengen countries and residedence in Latvia, no working permission|