Cyprus Investment Program
The Cyprus Investment Program offers the most simple and efficient means of obtaining Cyprus citizenship, which provides full EU rights, including the ability to live and work in any EU country. The program requires an investment of €2M in residential real estate, an investment which must be retained for a period of five years and €150.000 contribution.
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Time to Citizenship
6 Months
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Exit Strategy
5 Years
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Dual Citizenship
Permitted
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Visit Requirement
Only 1 Visit Required For Biometrics
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Visa-free Travel
173 Countries
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Eligibility
All Nationalities
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Tax Consequences
None
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Family
Investor, Spouse, Dependents
INVESTMENT OFFER BENEFITS
- 19% VAT refund
- Estimated return on investment is 3% net per annum
- Complimentary furniture package
- No maintenance or running costs for 10 years
- 10 year rental commitment
- Opportunity to enjoy life at Minthis for 14 days of the year
- Proven capital appreciation
- Easy exit strategy
Invest with Pafilia,
The largest Real Estate Developer in Cyprus
Our Partner, Pafilia, is a family-owned company, founded on close relationships and unbreakable resolutions. With a 40 year history, Pafilia is the largest privately-owned residential developer in Cyprus, dedicated to developing world-class.
With uncompromising effort in delivering the best in concept, design, quality and service, the company continues to transform and set the benchmark for the Cyprus real estate sector. One of the company’s strong ethos is, “We promise, and we deliver”.
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Property Portfolio
€3bn
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Landmark developments created across Cyprus and Greece
250+
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Global Offices
7
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Employees
500+
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Residential space / Property built
1.25m sqm
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International awards received for our commitment to excellence
39+
Dreamed by you, Made by us.
Exceptional lifestyle for you and your family.
Flagship Property Collection
MINTHIS
Minthis is an inspiring hillside community, where every inch is in complete harmony with its breathtaking surroundings. The 5 million square meter resort is positioned around a Natura 2000 protected site, with an 18 hole championship golf course, wellness spa and central square with world class restaurants and amenities. All properties Residence, Villas and Suites harmonize with the typography to capture the light, harness cool hillside breezes and frame the extraordinary views.
Discover Minthis
NEO
NEO is a globally significant integrated residential resort which will provide a new landmark and destination for Limassol. Located on Limassol’s most prestigious waterfront kilometre, NEO was designed to create an exceptional lifestyle led hub punctuated by ‘villas in the sky’ that capture the essence of the unique location. NEO offer six star resort facilities and a boulevard lined with branded shops and restaurants.
Discover NeoONE
ONE is 37 stories of exceptional seafront living, offering exclusivity and rarity. It gives the Limassol skyline a striking new definition that is recognized from anywhere in the city which firmly sets a new benchmark for Cyprus. The homes offer remarkably spacious living with double height atriums and large sea facing balconies with radiant finishes that define the residences’ superio quality.
Discover One
How to get started?
Simple 6 step process
Step 1: Review and select real estate investment
Select property/ies (through visit to Cyprus or via correspondence). Sign purchase agreement and transfer funds to a secure account. Receipt issued by Pafilia, which is required for application.
Step 2: Preparation of citizenship application – the client will receive a detailed application package and document checklist.
Applicant must gather all necessary papers required for application. The documents must be officially translated into Greek or English and certified with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.
Step 3: Pre-clearance check
The appointed lawyer completes a pre-clearance check.
Step 4: Submit applications (PR & Citizenship) - Issuance of Permanent Residency Card
The applicant/s must visit Cyprus in order to submit the PR and citizenship applications and to give their biometric data required for the issuance of the permanent residency card. The Permanent Residency card issued in 5 days. The payment of the government submission fee of €2.000 per adult applicant for the purpose of the citizenship application, is required at this stage. The citizenship application is lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior. Also, PR application fee €500 per family & €70 per person required.
Step 5: Completion of naturalization and issuance of Cypriot passport and ID cards
The Ministry of Interior will approve the citizenship application within a period of six months from submission. Payment of the government approval fee €5,000 per adult applicant is required at this stage. Once the applicant has held a Cyprus PR card for a period of six months, he is able to complete the naturalization process. The Naturalization Certificate must be signed by the applicant either in front of a Registrar of a Cypriot Court or a Consular at any Cypriot Consulate abroad within 3 months of receiving approval. In Cyprus the process, including collection of biometric ID cards, takes 1 day, while through a Cyprus embassy abroad the process takes up to 2 weeks.
Step 6: Naturalisation of children and grandparents
Submit the applications of children/parents to be naturalised. Applications of minor children are processed within 3 weeks; they can visit Cyprus anytime to collect their papers. Adult children/parents applications are processed within six months and are subject to a submission fee of €2,000 and approval fee of €5,000per person. Once approved passports and ID cards must be collected within three months.