CYPRUS
An important hub in the heart of the Mediterranean, at the crossroads of Europe, Africa and Asia, Cyprus is diverse, culturally rich and perfectly placed for working and traveling within and beyond the European Union. The economy is rapidly recovering from recent recession through significant activities in the shipping, tourism, the legal and financial services sectors, and has also seen a surge in foreign investments and developments, property and investment values.
Citizenship-by-Investment Program
QUALIFICATIONS
WHY CHOOSE CYPRUS?
Investment criteria
Cyprus boasts a rich and diverse culture, mild Mediterranean climate, a safe and stable setting which is ideal for raising families, and perfect location for business and travelling. Investors also look at Cyprus for business and investment purposes recognizing numerous investment opportunities.
Offered in accordance with the Civil Registry Laws 20022013, the Naturalization of Investors by Exception Scheme is one of the fastest to lead to residence and citizenship in Europe. To qualify for application, you will need to meet one of the requirements outlined in the “Investment Options” section.
Benefits of the program Fast-track procedure allowing for direct path to
Application criteria
LOCATION citizenship within three months; ARTON INDEX South Eastern Europe, island in In addition to making a financial investment, applicants the Mediterranean Sea residence requirements during or after No physical must also meet the following requirements: CAPITAL Nicosia
Must have a valid passport;
the application procedure (the only requirement is for one visit every 7 years);
Provide documents supporting the source and originTIME DIFFERENCE No language requirements for residence UTC +2 of the declared funds for investment; or citizenship; Provide proof that the applicant has no criminal record;
TOTAL AREA 9,251 km 2 No obligation to relinquish current nationality;
Pay the application fees.
LANGUAGE Right to own land in anPopulation EU member state; Greek, Turkish, Growth English widely spoken 1.52%
70
AGE DEMOGRAPHICS Low tax rates and free trade within the EU; The applicant’s name must not be included in the list0-14: 15.8%, 15-24: 15.8%, 55-64:system 10.6%, based on English common law; of persons whose property is ordered to be frozen 25-54: 46.9%,Legal 65+: 11.0% within the boundaries of the EU; Unrestricted right to live, work and study in Europe;
12 15
COST
SPEED
16
GLOBAL MOBILITY
1,155,403
7
QUALITY OF LIFE
20
SIMPLICITY
Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program
Strategic geographical location, forming a bridge
RELIGIONS between the EU, the Middle East, and North Africa Greek Orthodox, Muslim, with direct access to the Mediterranean Sea; other GDP (per capita) LowTYPE crime rate, excellent education system with a GOVERNMENT GDP (purchasing power parity) Presidential democracy number of high standard schools and universities 23.36 billion USD (2012) CURRENCY and first-rate healthcare; Euro (EUR)
26,800 USD
155
An outstanding holiday destination.
EXCHANGE RATE 1 USD = 0.78 EUR (2012)
CYPRUS CITIZENSHIP-BY-INVESTMENT PROGRAM
Visa free countries