Citizenship
Citizenship procedure (the new requirements, as published in April 2013):
OPTION 1:
EUR 3.000.000 deposit in a bank in Cyprus which will be allocated by the Government of Cyprus to some public funds and will remain there for a period of 5 years. In addition, the applicant must have a permanent residence in Cyprus by purchasing a house of value more than EUR 500.000 + VAT.
OPTION 2:
EUR 5.000.000 investment in:
– Purchase of property, residential, commercial, offices, hotels, apart from Land.
– Purchase of companies who are already established in Cyprus.
– Purchase of government bonds.
– Joint venture with a Cypriot company in the construction of a government tender e.g. road, hospital, offices.
– Purchase of shares of publicly quoted companies on the Cyprus Exchange.
In addition, the applicant must have a permanent residence in Cyprus by purchasing a house of value more than EUR 500.000 + VAT.
Please contact us on office@fiduciara.com or by phone on + 357 991 964 11 to get help in obtaining any of the above mentioned types of visas or citizenship.