How do you qualify for cypriot citizenship?

You can qualify for Cypriot citizenship by investing a minimum of €2 million in real estate or by contributing €2.5 million to the country’s economy through a donation or investment. Another option is to marry a Cypriot citizen and reside in the country for at least three years.

So let us investigate the query more attentively

To qualify for Cypriot citizenship, there are several routes available. The most common and straightforward option is through investment. According to the Cyprus Investment Programme, an individual can obtain citizenship by investing a minimum of €2 million in real estate, purchasing a home, or buildings, land development projects, or infrastructure projects. The investor must keep the real estate investment for at least five years, but they can sell some of the properties afterward.

Another way to qualify for citizenship is through a direct investment. An investor can contribute €2.5 million to the country’s economy through a donation or investment. The investor must also keep this investment for at least five years.

Additionally, an individual can qualify for citizenship by marrying a Cypriot citizen and residing in the country for at least three years. Successful applicants must pass a security check and demonstrate a clean criminal record.

In addition to these paths, there is a fast-track route available for investors who choose to invest at least €5 million in real estate or direct investment. This enables applicants to receive citizenship in an expedited manner.

In terms of benefits, obtaining Cypriot citizenship is highly advantageous as Cyprus is a member of the EU, offering visa-free travel to 173 countries. Moreover, Cyprus has a flat tax rate of 17% for non-domiciled individuals; low crime rate and beautiful climate and landscape.

In conclusion, Cyprus offers various paths to citizenship, with the investment option being the most popular. The country is a beautiful and welcoming destination for those seeking a new home. As stated by the famous Greek philosopher Aristotle, “Citizenship: the status of the free man of a state.”

IT\'S IMPORTANT:  How do i get cryptocurrency in cyprus?

Below is a table outlining the main requirements for each route:

Route to citizenship Investment required Residency requirement
Investment €2 million in real estate None
€2.5 million in direct investment None
Marriage None 3 years residency

See a related video

The two million euro investment in real estate for five years and having a personal home worth at least half a million euros, along with two donations totaling 150,000 euros and fees allows investors to acquire Cyprus citizenship through investment. While they are not part of the Schengen area and still require a US visa, Cyprus citizenship can be obtained comparatively faster and with less stringent requirements than Malta. The EU membership and high-quality passport of Cyprus citizenship are significant pros; however, shutting down the investment program remains a risk. Additionally, there is a lack of domestic support systems to maintain the high volume of investments, making it potentially not worth the high price point.

See more answers

Application for Cyprus citizenship can be submitted by foreigners who have completed a total of 7 years of legal residence in Cyprus (2555 days of staying in Cyprus) before the application date. The applicant must have resided continuously in Cyprus through the last 1 year before applying.

How Can I Acquire Cyprus Nationality / Citizenship

  • Born in Cyprus or after to at least one Cypriot parent
  • Born abroad on or after 16 August 1960 to at least one Cypriot parent
  • If born to Cypriot mother before 1999 nationality will come via descent.
  • From birth (application by parents)

These topics will undoubtedly pique your attention

How do I become a Cypriot citizen?
In reply to that: Citizenship by naturalization
Any foreigner who is over the age of 18 can apply for Cypriot citizenship on the condition that they have a clean criminal record, and have legally resided in Cyprus for a total of seven years – or 2,555 days – prior to their application date.
Can I get a Cypriot passport if my grandfather is Cypriot?
Naturalisation. Foreigners who are parents or children of Cypriot citizens may acquire citizenship by naturalisation after residing in the country for at least four of the previous seven years, with an additional 12 months of residence immediately preceding an application, a total of five years.
Similar
Does Cyprus allow dual citizenship with us?
Response will be: With a Cypriot passport, you can travel to 166 countries, 119 of which require no visa and 47 of which require a visa on arrival. Does Cyprus allow dual citizenship? Yes. You will not have to renounce your other foreign citizenships.
Does Cyprus have dual citizenship?
Dual citizenship/nationality is allowed both in Cyprus and in the UK. For general information and guidance so as to establish which application you need the criteria for, you need to consult the website of the Civil Registry & Migration Department of the Ministry of Interior.
How do I become a Cypriot citizen?
Answer to this: Individuals born to at least one Cypriot parent automatically acquire citizenship at birth only if neither parent is considered an illegal migrant. Birth in Cyprus by itself does not make a child eligible for citizenship. Foreign nationals may become Cypriot citizens by naturalisation after completing a residence requirement (normally seven years).
How to apply for Cyprus citizenship?
Application for Cyprus citizenship can be submitted by foreigners, who have completed a total of 7 years of legal residence in Cyprus (2555 days of staying in Cyprus) before the application date. The applicant must have resided continuously in Cyprus through the last 1 year before applying.
What is the interest in Cypriot citizenship?
The interest in Cypriot citizenship has been increasing significantly as non-EU citizens were using the Cyprus Investment Programme which gives Cyprus passport to investors. Also because of the Brexit many Cypriot origin individuals are applying for Cyprus Passport based on that.
Who is eligible for a Cypriot passport?
The response is: You are eligible for a Cypriot passport if you are over 18 years old and have a clean criminal record. Individuals who wish to become Cypriot citizens will have to go through a specific process, depending on which route they take towards citizenship.
How do I become a Cypriot (a citizen of Cyprus)?
If you want to become a Cypriot (a citizen of Cyprus), be ready to do some paperwork. Start by figuring out the best way to apply for citizenship, such as applying based on your parents’ nationality or the fact that you’ve invested in Cyprus. Next, you’ll need to fill out the application and provide documentation.
Who is eligible for a Cypriot passport?
Response to this: You are eligible for a Cypriot passport if you are over 18 years old and have a clean criminal record. Individuals who wish to become Cypriot citizens will have to go through a specific process, depending on which route they take towards citizenship.
What is the interest in Cypriot citizenship?
The interest in Cypriot citizenship has been increasing significantly as non-EU citizens were using the Cyprus Investment Programme which gives Cyprus passport to investors. Also because of the Brexit many Cypriot origin individuals are applying for Cyprus Passport based on that.
What if I don't qualify for Cypriot citizenship by marriage?
The response is: If you do not qualify for Cypriot citizenship by marriage, there are other options available. The most common way to become a citizen is to apply for citizenship by naturalization. This is procedure that can take many years, as the minimum residency imposed in this case is of 7 years.

Rate article
Travel to Cyprus