EU-CITIZENSHIP-BY-INVESTMENT

WELCOME TO EU CITIZENSHIP
BY INVESTMENT

Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in third. Also noteworthy, are recent studies conducted by global immigration experts, ranking the Cyprus Citizenship by Investment Program among the “top ten best in the world”. Cyprus was the only European country alongside Switzerland to make it into the top five – ahead of London, Madrid and Monaco. Cyprus ranked highly because of its favourable tax regime for new residents, particularly high net worth individuals. With at least 320 days of sunshine a year, Cyprus was classified the sunniest European location.

EU CITIZENSHIP
FOR YOUR FAMILY

The Cypriot Government has formulated a Cyprus Citizenship by Investment Program aimed at high net worth individuals who are willing to make an investment in the Island and in return, enjoy Cypriot (and hence European Union) citizenship. Investors making an investment of min. €2.0M in real estate situated in Cyprus and who satisfy the good standing criteria set by the Cyprus government, receive a Cypriot passport within 6 months. After 3 years the investor can reduce his/her investment to €500,000 by selling €1.5M worth of real estate. Parents of the main applicant may be included in the same application provided an additional €500,000 investment is made in residential property in Cyprus.

THE
BENEFITS

Once achieving passport in 3 months, live, work and study anywhere in the EU including UK

Same rights as any European Citizen with Cyprus allowing multiple Citizenship. The visa allows free Travel to 170 + countries and offers an effective tool for family and tax planning.

Offers insurance against political instability as well as Cyprus being generous with a 0% Inheritance Tax as well as access to the best to the best healthcare + Education in the world.

LEGAL
BASIS

Cyprus Citizenship by Investment is available to investors in Cyprus by Exception pursuant to the Decision of the Council of Ministers dated 13th September 2016 issued as per Article 111A(2) of the Civil Registry Law 2002-2013, of the Republic of Cyprus. These recent revisions have made the Cyprus Citizenship by investment programme more beneficial for investors and families. In the virtue of this law, the Cyprus Council of Ministers may grant citizenship by naturalisation to foreign entrepreneurs. Additionally, the Law provides for the granting of the Cypriot citizenship by investment to the spouse, children as well as parents of the investor. Neither the spouse nor the children are obliged to meet any additional financial criteria.

ABOUT
CYPRUS

Cyprus has a population of approximately 1 million and ranked the 5th best relocation destination in the world by an international lifestyle review. In 2015 the economic growth was in-line with the rest of the Europe at 1.6% and GDP per capita of around 20,000 Euro. Cyprus should enjoy its second year of growth in 2016 with the monthly Sapienta Country Analysis Cyprus which is forecasting real GDP growth of 1.9%

DUE
DELIGENCE

The Cyprus team is are confident in their approval rate and process that a money-back guarantee is in place and offered to clients if citizenship is not received. We provide free consultation explaining the key requirements of purchase of the main residence at € 500,000 and investing at least €1.5 million in residential properties. After 3 years the investment can be reduced to a minimum of €500,000, (plus VAT, if applicable), after 3 years