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 growing at about 4% pa (2017) through significant activities in the shipping, tourism, legal and financial services sectors, and has also seen a surge in foreign investments and developments, property, and investment values.
Cyprus boasts a rich and diverse culture, a mild Mediterranean climate, a safe and stable setting ideal for raising families, and a perfect location for business and travelling.
Safety
Top 5 safest country in the world (Value Penguin 2015)Retirement Friendly
Top 4 best retirement destination globally (Knight Frank 2016)Beautiful Beaches
Most blue flag beaches per capita in the EU (Eurostat)Fast Process
Fast procedure with citizenship approval within aproximately 6 monthsEasy Procedure
Simultaneous submission of residency and citizenship applicationsAny Language Welcome
No language requirementsDual Nationality
No obligation to relinquish current nationalityStrategic Location
Strategic geographical location forming a bridge between the EU, the Middle East and North AfricaAccess to EU
Right to own property in an EU member stateOffered in accordance of subsection (2) of section 111A of the Civil Registry Laws of 2002-2019, the Cyprus Investment Program is one of the fastest to lead to residency and citizenship in Europe.
To qualify, applicants must fulfill the investment options in addition to meeting the following criteria:
According to the regulations issued by virtue of the Civil Registry Laws, foreign investors who wish to obtain Cypriot citizenship by investment must meet the following requirements:
In the case that one chooses to invest in residential properties only and one of the residential properties is priced at €500,000, then the total investment amount must be only €2 million
Applicants may invest at least €2,0 million for the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments, developments in the tourism sector) or other infrastructure projects.
Applicants may invest at least €2,0 million for the purchase or participation in companies or organizations established and operating in the Republic of Cyprus. Moreover, investments in the shipping sector are eligible.
Applicants may invest in units of at least €2,0 million in Alternative Investment Funds or Registered Alternative Investment Funds or financial assets of Cypriot companies or Cypriot organizations that are licensed by Cyprus Securities and Exchange Commission. It is permitted for these AIFs or RAIFs to invest in secondary market stockmarket values of the Cyprus Stock Exchange an amount that does not exceed the €200,000.
Applicants may proceed with a combination of the above investments, provided that the total investment will amount up to at least €2,0 million.
The table below breaks down the application process into eight basic steps. Some require the applicant’s involvement, while others are executed by Arton Capital and its partners. Each step must be completed before continuing to the next.
Month 1
ResidencyAll necessary documents must be prepared by the applicant and be properly legalized.
Applicant selects an investment option.
All necessary actions are taken for implementing the chosen investment option.
Simultaneous applications for residency and citizenship.
Residency cards issued to main applicant and spouse.
Month 6
CitizenshipIssuance of Citizenship Approval.
Issuance of Naturalization Certificates of the main applicant and spouse included in the application.
Issuance of passports and IDs for the main applicant and spouse included in the application.
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