Citizenship

Naturalisation Of Investors By Exception
Investors (non Cypriot citizens) can acquire the Cyprus Citizenship by Naturalization, on the basis of the Decision by the Council of Ministers of the Republic of Cyprus in 2013.

Benefits
European Cyprus Citizenship for applicant and family.
Excellent rental yield from investments
European union citizen rights, employment, medical and schooling
Free Movement - Freely travel and reside (and work) within the EU
Freedom to establish a business in a European country
Free Movement of Capital
Free Movement of Services Establishment and free movement of services
No requirement to physically reside in Cyprus
Dual Citizenship for applicant and family
Ease of travel to other European countries and non European countries

The 'fast track' process, the investment eventually allows the applicant (and eventually his wife and children) to hold a Cyprus EU member state country passport within 90 days.

The Cyprus Citizenship program is currently one of the most desirable immigration programs in Europe attracting a huge response due to the very attractive key benefits

Key points:
Passports will be issued within a period of approximately 90 days
Passports will be issued to the investor, their married spouse and dependent children up to age 28, provided they are in full-time education.
No requirement to physically reside in Cyprus.
It enables access to the excellent education and healthcare institutes
FREEHOLD residential and FREEHOLD commercial properties with excellent rental yield

Cyprus allows dual citizenship
It is very beneficial to have dual citizenship, particularly EU, for many reasons including:
Cypriot citizens enjoy the freedom to live, work and travel throughout Europe
Cypriot passport holders are entitled to travel visa-free to more than 140 countries
Cypriot passport holders can quickly and cost-effectively obtain visas for other countries, such as the USA

Tax benefits
Applicant does not become a tax resident in Cyprus, unless he/she spends more than 183 days in any one calendar year.