The Cyprus EU Citizenship program enacted by the Cyprus Government in the last few years , rightly renders Cyprus as the Jurisdiction of choice for many high net-worth individuals and their families who decide to live, invest and setup their business in Cyprus.
Cyprus EU citizenship can be obtained within 6 months.The program covers the family including children up to the age of 28 years. As the safest country in the European Union and the fifth safest country in the world, Cyprus is an attractive place to do business and a unique place to reside. Individuals looking to invest through real estate can take advantage of the islands unique strategic location, enviable mediterranean lifestyle, warm climate and excellent infrastructure.
Cyprus offers the most favorable in incentives in the area of taxation which includes ; Zero inheritance Tax , One of the Lowest Corporate taxes in the European Union and Zero Property tax.
Cyprus citizenship may be obtained through a secure property investment of €2,000,000 provided the investor maintains a residential property to the value of €500,000. The investment can be a single property or a portfolio. When the investment includes any commercial or touristic units or lands then the total investment should be €2,500,000 provided the investor maintains a residential property to the value of €500,000 as a main residence. The main investment may be sold after a period of three years, however, the investor must always maintain a property with a value of at least €500,000. A clean criminal record is required and all nationalities are eligible for the program.