*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 |
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Program | Citizenship by investment | Citizenship by Government Bonds and Real Estate |
Total Fee |
Minimum capital: €2.500.000 Total: €3.100.000 |
Minimum capital for real estate: €500.000 The amount for government bonds: €5.000.000 Total:€6.000.000 |
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 |
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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. |
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Withdrawal Penalty | In case of a withdrawal after the citizenship application, countries might not do refund.
Withdrawal penalty: €3.100.000 |