ABOUT CYPRUSCyprus Citizenship by Cyprus Investment plan – EU Citizenship

The Cyprus Government, as a part of its policies aiming to attract foreign investors in Cyprus, established new financial criteria based on which non-Cyprus investors may acquire the Cypriot citizenship.Investment Options

Investment OptionsReal Estate

Investment in real estate or land developing

Investment OptionsBusiness

Purchase, incorporation or participation in Cypriot businesses

Investment OptionsInvest

Investment in alternative investment funds

Investment OptionsCombination

A combination of the first three options

Investment Amount / Criteria

Investment CriteriaInvestment

The minimum investment requirement is €2.000.000 for any of the investment options.

Investment CriteriaProperty

The investor must purchase one residential property of at least €500.000 + VAT.

Investment CriteriaRetain

The investor is obliged to retain the investment for at least three years following the acquisition of the Cyprus citizenship, with the exception of the residential property of a minimum value of €500.000 + VAT, that should not be disposed of at any point in time, or if disposed, the investor should substitute with another property of equal or higher purchase price.

Investment CriteriaOnly Real Estate

If the investor chooses to invest solely in real estate in order to cover the requirement of €2.000.000, the value of the residential property is included in the €2.000.000. This way, the total minimum investment amount remains at €2.000.000, which includes the purchase of a residential property of a minimum value of €500.000 + VAT.

Application Criteria

Application CriteriaResidence Permit

Applicants are required to be holders of a Cyprus residence permit to qualify for the receipt of Cyprus citizenship and will therefore need to submit their residence application prior to the filing of their citizenship application.

Application CriteriaProof

The applicant must submit proof of payment of the entire investment amount in order for the application to be processed.

Application CriteriaPhysical Presence

No requirement to be physically present in Cyprus.

Application CriteriaCriminal Record

Applicants must hold a clean criminal record from their country of origin, and/or the Country where they permanently reside.

Application CriteriaPermanent Property

The investor must permanently maintain a residential property in Cyprus of a minimum value of €500.000 + VAT.

Who is Eligible?


Any investor who is 18 years old and above.


The spouse of the investor and minor children, as well as financially dependent children up to the age of 28.


Parents of the investor, subject only to acquiring a residential property of at least €500.000 + VAT.

EligibilityProcessing Time

6 Months

Main Benefits of Cypriot Citizenship


The investment is as low as €2.000.000

Benefits3 Years

The investor must retain the investment for just 3 years after which he/she is free to resell it.


There is a wide choice of investment options, with no requirement to donate your wealth.


There is no requirement to reside in Cyprus


There is no language requirement.


Visa-free travel to over 163 countries worldwide.


There are low government fees for the filing of the application


There are no language proficiency tests.
Dual citizenship is permitted and the acquisition of citizenship in Cyprus is not reported to other countries.


Citizenship is granted to the spouse of the investor and minor children, as well as to the financially dependent adult children up to the age of 28, as well as to the parents of the investor, subject only to acquiring residential property of at least €500.000 + VAT.


Access to all the rights of an EU citizen protected by EU legislation: freedom to work, study, resides in any EU member state, as well as Switzerland, Norway, Iceland and Liechtenstein.
*Note: Please note that requirements and conditions may change at any time. Thus, before the submission of a Cyprus Citizenship acquirement application, it is advisable to contact us for any updates to the requirements.

Contact us for more details

Contact us for more details

Limassol Center Office 12-13, 7 Griva Digeni, 3106 Limassol - Cyprus
(EN-EL) +357-99-933-230
(RU) +357-99-933-202

Efeto Properties Ltd is a property development company established in Limassol, Cyprus.
The company’s vision from the start was to create buildings of great architectural value, using high-end modern materials.

© 2018 Efeto Properties Ltd, All rights reserved