Basic New Criteria for Cyprus Passport
Get A European Passport with just €2.0m Investment
1. For Individuals who wish to buy only 1 single residential property, then:
Then they can invest only 2.0m Euro and get their passport.
2. However, if individuals do not want to buy only 1 single residential property, then:
The amount needed for obtaining the passport is 2.0m Euro invested in Residential and /or Commercial Properties. For commercial investments, an additional 500.000 Euro for a residential property is also needed. The investment of 2.0m Euro should be kept for 3 years only and after this period the investor can sell the investment. The only requirement after the 3rd year is to maintain a residential property of minimum value 500.000 euro.
3. Other Information:
The passport scheme covers the applicant and family
Approval within 3 months under fast track procedure
Freedom to live, travel, invest, work, study anywhere in the EU
Benefit from the legal rights and privileges of natural born EU citizens
No Residing or Language Requirement
Travel to over 160+ countries without a visa
Children up to the age of 28 may also be eligible
The parents of the investor may also obtain the citizenship with an extra residential property of 500.000 euro