ABOUT CYPRUSCyprus Citizenship Program Compared to Programs of Other Countries
| Cyprus | Malta | Latvia | UK | Spain | St. Kits & Nevis | |
| Result | EU Passport | EU Passport | EU Residence for 5 years; Passport after 6 years plus exams in the Latvian language and history | EU Residence for 5 years (3 years then 2 years); Passport after 6 years plus exam in English | EU Residency for 5 years | Passport St. Kits & Nevis |
| Time to obtain passport | 6 Months | 12-14 Months | 6 Years | 6 Years | 10 Years | 4-6 Months |
| Currency | EUR | EUR | EUR | GBP | EUR | USD |
| Amount of investment | 2,000,000 | 500,000 (or 150,000 plus rent of a property for minimum 16,000 for 5 years) | 250,000 | 2,000,000 | 500,000 | 400,000 |
| Donation | N/A | 650,000 (plus 50,000 for every adult family member and 25,000 for under 18) | N/A | N/A | N/A | N/A |
| Duration for investment to be kept | 3 Years | 5 Years | 5 Years | 5 Years | 5 Years | 5 Years |
| Assets | Bonds or securities of Cyprus companies or Real estate or Business or Deposit | Bonds and Real Estate | Real Estate | Bonds or securities of UK companies (75%) and Real Estate or Deposit (25%) | Bonds or Real estate or Business | Donation or Real Estate |
| Physical Residence | No | 6-12 Months | No | Not to be absent for more than 450 days within first 5 years and not more than 90 days within the 6th year | Yes | No |
| Dual Citizenship | Yes | Yes | No | Yes | No | Yes |
| Visa free travel, residence and work in EU | Unlimited | Unlimited | Free travel in Schengen countries and residence in Latvia, no working permission | Residence in the UK, no working permission | Free travel in Schengen countries and residence in Spain, no working permission | Free travel in Schengen countries and the UK limited to 180 days a year; No working permission |
Contact us for more details
Contact us for more details
Limassol Center Office 12-13, 7 Griva Digeni, 3106 Limassol - Cyprus
info@efeto-properties.com
(EN-EL) +357-99-933-230
(RU) +357-99-933-202
LINKS
CALL US
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