Citizenship (by investment) of Cyprus

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IMPORTANT NOTICE: THE CYPRIOT CITIZENSHIP BY INVESTMENT PROGRAM HAS BEEN CANCELLED AND IS NOT AVAILABLE ANYMORE!

Cyprus had what was probably the most aggressively marketed citizenship by investment program until 2020.

The Cyprus Citizenship by Investment program was offering fast and direct route to obtaining European passport through investment in real estate on the island. It was intended for investors who were willing to invest 2 000 000 EUR in real estate. In addition to the investment, the applicants would need to make an irrevocable donation of 150 000 EUR to the Cypriot authorities.

The Cypriot program was marketed very aggressively and although it was much more expensive than the Bulgarian program, the citizenship agents in Cyprus could manage to attract unprecedented amount of investors. Still, the Cypriot program was way cheaper than the Maltese program.

Unfortunately, at the end of 2020, after some serious scandals in Cyprus, the authorities decided to put an end to the Cyprus citizenship by investment program.

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