Citizenship Law

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Cyprus Citizenship law offers European citizenship in the 5th best relocation destination in the world according to ranking by an international lifestyle review. In the field of key business and leisure indicators, Cyprus was the only European country alongside Switzerland to reach the top five – ahead of London, Madrid and Monaco. It is attributed to Cyprus’s favourable tax regime for new residents, particularly high network of professional individuals.

Cyprus Citizenship Law: Fast track Citizenship by Investment

Cyprus Citizenship by Investment is available to investors since 19th March 2014. The Cypriot Citizenship by Investment program is classified among the “top ten best in the world” in studies carried out by global immigration experts, attractive on account of it not requiring any minimum physical residency required prior to the grant of citizenship. The program is available to investors pursuant to the “Scheme for Naturalisation of Investors in Cyprus by Exception” on the basis of the Civil Registry Laws. By virtue of this law, the Cyprus Council of Ministers may grant citizenship by naturalization to foreign entrepreneurs.

Furthermore, the law grants Cypriot Citizenship by Investment to spouse as well as children of the investor. Neither of them is obliged to meet any additional financial or legal criteria. The Cypriot citizenship by investment is automatically transferrable to descendents and is valid for life.

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Dr Jean-Philippe Chetcuti

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+356 22056411

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