Requirements for investors

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An investor must meet the following requirements:

• The minimum investment amount is €2mln 

• Keeping investments for a period of minimum 3 years

• Clear criminal record for applicant, spouse, adult children and parents

• The investor must own a private residence(s) in Cyprus, purchased for at least €500.000. If investments are made into residential property(ies), this requirement is not applicable

• The investor must be the holder of a residence permit in Cyprus to qualify for receiving the Cyprus Citizenship. For this purpose, he/she should submit an application for a residence permit, which will be issued simultaneously with the filing of the Citizenship application. The obtaining of residence permit is a formality due to the EU regulation. There is still no requirement for the investor to live in Cyprus.

• * If an investor sells residential property(ies) of €2mln after 3 years, he/she has to buy another residential property(ies) worth €500.000

 

 

Granting of citizenship by the standard procedure

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Having been living in the Republic of Cyprus for 7 years time (the period is determined by border control marks in the passport) within 10 consecutive years, one is entitled to make an application for obtaining Cyprus citizenship.

The citizenship, as opposed to residence permit, is not granted for the entire family at a time. It is granted to that spouse who has been living in Cyprus for 7 years. The citizenship to minor children (under 18) will be granted by application.

The other spouse will obtain citizenship when he/she has been living in Cyprus for 7 years. Otherwise in 3 years time as a spouse of a Cyprus citizen.

 

 

The Civil Union Law of 2015 (184(I)/2015) entered into force with the publication of the law in the Official Government Gazette on 09/12/2015. The law introduces the institution of the Civil Union in the legal system of Cyprus. The Civil Union ceremony and the issuance of the Civil Union Certificate takes place at the District Office where at least one person resides, in case the persons concerned do not permanently reside in Cyprus, at the district of their free choice. 

Documents that need to be presented:

   - Utility bill showing place of residence (apostilled);

   - The application ‘Form for Civil Union’ completed by both parties;

   - Presentation of passport.

Affidavit (made not older than a month from the date of presentation of the which can be sworn in Cyprus or abroad at the Cyprus embassy. Each person intending to enter in the union must present A NON IMPEDIMENT CERTIFICATE (NIC) by the Director of Civil Registry of those living or residing or have residency in Cyprus. For those not then those living abroad by their competent authority confirming that no marriage religious or otherwise or civil union is currently in force which concerns them. All public documents issued in any other country must be certified and apostilled or if not a signatory to the Hague Convention. This document must be translated into English or Greek.