Granting of citizenship to investors in Cyprus
Participating in the programme, the investor with his family may obtain Cyprus passports. This is not a residence permit or a visa but rather full citizenship of the EU-member state. The programme requires the amount of €2mln to be invested in Cyprus for 3 years preceding the date of application and must retain the said investment for the period of at least three years from the date of the naturalization. The application must be examined within a 6 month period approximately. The programme has already attracted over 4 billion euros of direct investments into the economy of the Republic of Cyprus.
Advantages of the Programme
Requirements for INvestors
An investor must meet the following requirements:
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) should be presented 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.