|*There are two types of citizenship programmes in Cyprus;
– Citizenship by investment
– Citizenship by contribution to government
* The Cyprus citizenship programme is advantageous by being the easiest and shortest citizenship programme after Dominica
|Program||Citizenship by investment||Citizenship by Government Bonds and Real Estate|
Minimum capital: €2.500.000
Minimum capital for real estate: €500.000
The amount for government bonds: €5.000.000
|Duration||– Preparation time is 6 weeks.
– Approval in principle taken at week 9.
– Official approval and the passport taken week 18, after 9 weeks of the approval in principle.
– The total duration of the application is 6 months.
*National holidays of the countries are not included to the total duration
|Advantages||– Residence permit is not necessary.
– It is the easiest and shortest citizenship programme after Dominica.
– Free travel within 157 countries including Canada, EU countries and UK.
– Dual citizenship is allowed.
– There is not a requirement of minimum stay in the country before or after the passport taken.
|Withdrawal Penalty||In case of a withdrawal after the citizenship application, countries might not do refund.
Withdrawal penalty: €3.100.000