At Terranova Global, we offer you a simple and hassle-free way of accessing EU citizenship and enjoying residency benefits across 28 countries through The Cyprus Citizenship by investment program.
The citizenship and second passport program of Cyprus requires making a real estate investment of €2,000,000 into either a single or multiple properties. After 3 years the property investment can be reduced to €500,000.
The world we live in today is a globalized place, and the demand to live, work, study and invest abroad is on the increase. However, it isn’t always that simple – strict immigration laws and political complexities often prevent individuals from pursuing their preferred opportunities and dreams in the country of their choice.
For a lot of Non-EU nationals, Europe has always been one of the most desirable locations to reside, work and study due to its history, culture, and most importantly the security and opportunities that exist within the various Eurozone Countries.
In 2016 The Cypriot Government made this vision a more achievable reality for many. Not only is this one of the fastest routes to become a citizen of the EU (you can receive your approval for your Cyprus passport in as little as 3 months), the citizenship can also be extended to children up to age 28 and parents of the applicant.
The Cyprus Citizenship and Passport program is a simplified way of granting citizenship to the individuals, and the families of those individuals, who positively contribute to the economic development through secure Cyprus real estate investments.
The Investment by Citizenship Program of Cyprus is designed to fast track the citizenship procedure, minimize time and bureaucratic difficulties, allowing you to become an EU citizen in as little as 3 months. In this respect the scheme is very similar to Antigua & Barbuda citizenship program which also provides second passport in a short time through a real estate purchase.
|Cyprus Visa Free Countries:||Travel freely throughout the European Schengen Zone and in total to 169 different countries visa free|
|Type of Investment:||Cyprus Property Investment|
|Cost of Investment:||Cyprus citizenship requirements includes a €2,0000,000 investment in Cyprus Real Estate (a life time property investment of minimum €500,000 must be maintained)|
Benefits Of Cyprus Citizenship And Passport
Financial Outlay Of Cyprus Citizenship By Investment Programme
As required by the Cypriot Government an investment in Cypriot Real Estate with a minimum value of €2,000,000 is required
At Terranova Global, our reach includes partnerships with major real estate developers and Cyprus real estate agents. Our comprehensive analysis is tailored to your specific requirements, and includes feasibility studies, area overviews, and site location analysis. We will work closely with you to offer a comprehensive list of the best real estate investment opportunities.
Terranova Global will handle due diligence, assist you with regulatory requirements and guide you through the required documents and applications. We will also handle all processes and procedures related to purchasing of your Cyprus property.
Classified by the World Bank as high-income economy, Cyprus boasts a strong financial services sector and serves as a business hub offering a corporate tax rate that is one of the lowest in the world.
The country is also home to a robust energy industry, located at the crossroads of major international energy routes, and surrounded by substantial oil and gas resources. A significant portion of these resources fall within the Cyprus Exclusive Economic Zone.
The Cypriot population is highly educated and enjoys access to a highly developed infrastructure including excellent healthcare and education.
While the official languages of Cyprus are Greek and Turkish, English is widely spoken and written and is the language of international business. With its rich historical and cultural heritage, low crime rate, and warm Mediterranean climate, Cyprus is a popular tourist destination that as a citizen, you’ll enjoy all year round.
Timeline Of Cyprus Citizenship Application
Once the service agreement is signed, Terranova global will start to prepare your application
We provide property research and feasibility studies. Once you select a property which suits your needs Terranova Global legal team in Cyprus will run due diligence on this
Once the property is finalized, the reservation agreement and naturalization application are signed.
Terranova Global will then prepare all documents and sign the sales agreement and officially submit it at the land registry and the purchase price will be paid.
After compiling all relevant documents Terranova Global will on your behalf submit the naturalization application, and at this point you will need to visit Cyprus to apply for a PR permit
Approval of the naturalization application will be given by the Government
You will travel to Cyprus to swear the Oath of allegiance and formally complete the citizenship procedure
The Cypriot passports and IDs will be issued
Cyprus passport visa free countries
Faqs about Cyprus citizenship and passport