Cyprus is one of the most beautiful countries in the world and Cyprus citizenship comes with a host of benefits. With a population of just over 1.7 million (in 2016), Cyprus offers fantastic quality of life and fulfilment as an individual. This is the reason people from all over the world want to get their Cyprus residency. To become a Cypriot national without any hassle, get in touch with one of the top law firms of the country and your job will be done.
Cyprus is one of those countries that offer both citizenship and residency. If you are confused, then you should know that in some of the countries of the world, you can either be a resident or a citizen – not so in Cyprus.
There are three immediate benefits when you become a resident of Cyprus. Once you become a citizen, your parents, spouse and children can also obtain citizenship without any trouble. As a Cypriot citizen, you can travel all through the European Union freely, work within the Union and reside in a place of your choice. You can also invest in property anywhere in the European Union and make other investments.
How to become a resident of Cyprus?
The Cypriot government has created an extremely favorable situation for someone to become a resident of the country. There are essentially three ways one can become a resident of Cyprus.
Perhaps the easiest way to obtain your Cyprus citizenship is through marriage. Any foreigner (both EU and non-EU citizen) who legally resides in the country and is married to a Cypriot can claim their citizenship after they have completed 3 years of marriage.
One can qualify as a citizen of Cyprus through naturalization if they qualify one of the two points mentioned below.
1. They have been a permanent Cypriot resident for 7 years consecutively
2. They have been a permanent Cypriot resident for 5 years consecutively and are a parent or a child of a Cypriot citizen
The government of Cyprus initiated a new immigrant investment program in 2014 where foreign investors and entrepreneurs can obtain Cypriot citizenship in return for their investment in the country. Called the Investment Citizenship Program, this is a fast-track program that involves less bureaucracy and provides citizenship in a much shorter period of time.
The Cyprus Council of Ministers approved the amendments to the Scheme for Naturalization in September 2016 to attract FDI (Foreign Direct Investment) by High Net Worth Individuals and in turn rewarded these investors with a second passport.
There are four criteria for foreign nationals to get Cyprus residency through the investment route.
1. By investing a minimum of €2 million for purchasing or constructing real estate, in residential, commercial land development-related projects or in infrastructure projects of building plots earmarked for future development.
2. By investing a minimum of €2 million in purchasing, creating or participating in companies or businesses based in Cyprus and operating out of the country. These companies or businesses should have a concrete presence in the country and must employ a minimum of five citizens of Cyprus.
3. By investing a minimum of €2 million in purchasing securities like bonds, AIFs and debentures and others that are registered and issued in Cyprus. These securities can also be registered or issued by companies that engage in substantial economic activities in the country and are regulated by the Cyprus Securities and Exchange Commission.
4. One can also combine the eligible investments to reach the minimum total investment figure of €2 million. The combination can include investments of up to €500,000 in Cyprus Government bonds purchased from the primary market.
While the government of Cyprus has made the citizenship criteria for individuals absolutely favorable, it is always a good idea to apply for citizenship through a reputed law firm.
One may argue that in this age of the internet, there is no need for a third-party given the fact that getting the citizenship of Cyprus is so easy. But when you actually start the process, you get to feel that there are certain elements of residency that require more of your time and effort than you can afford to spend. Moreover, legal terms are often represented in different ways depending on a specific situation which a layperson may not understand properly.
There are local law firms in Cyprus that work on the area of Cypriot citizenship and they can help ease the process for you. For a very reasonable fee, they ensure that all legalities involved with your residency are taken care of.
Getting your Cyprus citizenship is easy. However, the process of getting your Cyprus residency becomes easier when you let the experts handle the job.
This user has not submitted a user bio yet
There are zero comments yet, why not be the first?
You must be logged in to post a comment.
Please log in or register to comment or reply to a comment.
Cash Exchanging Audits Of Online FX Agents
Finding The Right Interior Gym Design In Kuwait
Useful Home Schooling Options For The Single Parent
Crunch Time Is Just All Good in Vanan Translation
ISO Certification Jaipur
Free SEO Tips
Free Search Engine Optimization
Instant Online Article
INTERIOR DESIGN KUWAIT, GYM DESIGN KUWAIT AND INTERIOR CONSTRUCTION KUWAIT
Step By Step Free SEO Process Online
Book Your Stay In Bangkok With Great Hotel Deals
Hack Force Solutions For Website Related Online Threats
Free Article Directory List
Dinosaur Birthday Invitations To Make The Party A Roaring
Scots Ice Commercial Kitchen Supplies
Bryco Plumbing Solutions And Hydro Jetting, Los Angeles
A Drone How It Is Going To Change Your Life
The Beauty Of The Whole World In One Map
Importance Of Employing An Area Rug Cleaning Company
Extraordinarily Made 60th Birthday Invitations
Advantages Offered By The Best Live Chat Agent Training Solutions
Live Chat Can Increase Sales – How?
Top Reasons To Invest In Enterprise Artificial Intelligence Solutions
Is It Time To Benefit From Live Chat Agent Training Solutions?
What To Expect From A Machine Learning Engineer In Venice, CA
Live Chat Can Increase Sales With The Help Of AI
The Importance Of Live Chat Conversation Data
Live Chat Agent Training Solutions For Your Company
Plumbing Services In Los Angeles
Garden Clearance Kent For Outdoor Spaces
Features Of CNC Brake Press Forming
Free_ Genuine_ SEO
Cleanliness And Precision In Medical Injection Molding
Reasons For Using A Packing Cube System While Traveling
How To Take Advantage Of Free Classifieds In Malta?
Professional Live Chat Agent Training Solutions
The Importance Of Live Chat Sales
How To Optimize Your Live Chat Sales Strategy
Why Use Chatbots As Brand Ambassadors
Pace Court Transcription Services
Features To Look For In A Travel Organizer Bag
Choosing A London Production Company
The Benefits Of Advertising Production
Why Choose Photo Production
London Fashion Photography Production
Full Service Print And Film Production Company
Why Should You Hire The Professional Plumber Team For The House?
Fire Fighting Equipment Manufacturer And Dealer In India | AAAG India
Axis Solutions - Industrial Automation And Sensors Manufacturing Company In India
World Class Weaving Machine Manufacturer In India | Dynamic Looms
New Zealand’s Immigration Rules And Decision-makers
Factors Before Considering MBBS Admission In Abroad
6 Ways To Emigrate Australia
Artificial Intelligence And The Conversational Commerce
How Can You Increase Chat Sales?
Do You Require Live Chat Agent Training Solutions?
Is Live Chat Agent Performance Essential For Your Business?
What To Expect From An Enterprise Artificial Intelligence Sales Expert
Finding Suitable Live Chat Agent Training Solutions
Improving Live Chat Agent Performance
Advantages Of An Enterprise Artificial Intelligence Sales Expert
Characteristics To Know About German Shepherd
Luminox Recon Team Leader Chronograph 8840 Series Quartz Men’s Watch
Select The Best Appointment Booking Software
The Benefits Of Using The Right Booking And Scheduling Software
The Advantages Of The Appointment Software
What Is A Cloud Based Phone System?
Make The Most Of Live Chat Agent Training Solutions
Learn How To Optimize Live Chat Sales
Benefit From Live Chat Services
Live Chat Sales Improve Customer Experience
Optimize Live Chat Sales
Enterprise Artificial Intelligence Sales Experts
Finding Smart Live Chat Agent Training Solutions
Optimizing Live Chat Sales
Get Rid Of Heavy Bulks And Hire The Best Book Typing Services
Automatic Choice For Oil Packaging: Nichrome
Grain Packaging On The Rise
Find Investors In Dubai With The Help Of Online Platforms
Locate A Business For Sale In Dubai And Expand Your Horizon
Choose The Right Business Partners In Dubai To Take Your Business To The Next Level
Startups In Dubai Look Quite Promising Investment Options
Top 5 Investment Opportunities In UAE
Live Chat Agent Training Solutions To Increase Your Client Base
How To Optimize Live Chat Sales?
Do You Need Customer Support Chat For Your Ecommerce Business?
Live Chat Services Contribute To Increased Conversion
What You Must Know About Enterprise Artificial Intelligence Sales Expert
Take Help From An Enterprise Artificial Intelligence Sales Expert To Improve Customer Engagement
Artificial Intelligence And Conversational Commerce Improves Customer-facing Applications
Optimize Live Chat Sales With Artificial Intelligence-based Training Solutions
Get The Best Knowledge Of The Trading Courses From Professionals
Nichrome: Solid Credentials In Powder Packaging
Cyprus Corporate Lawyers For Your Business
Looking For Cyprus Residency
Dubai Company Registration Made Easy
The Easiest Company Registration Cyprus
Bank Accounts – The Right Tools
Reliable Law Firm Cyprus
Creating An Iranian Yellow Page
Iranian Yellow Pages – The Sequel
Set A Proper Purpose Prior To Learning The Makeup Procedures In Seoul
Why Opt For Free Sports Picks
Advantages Of Free Baseball Picks
Versatile Hotel Booking System
Online Hotel Reservation System
Healthy Solution For Pharma Packaging: Nichrome
Web Promotion To Develop Unique Online Presence
Bali Crossfit For Great Vacations
Best Gym In Seminyak
The Free Software For Meeting: Great For The Small Business
Finding Business For Sale In Dubai
Find Investors In Dubai
Having Start-ups In Dubai
Promoting Business Ideas In Dubai
Optimize Resources And Productivity With Nichrome’s Integrated Packaging Solutions
Dealing With Company Registration Cyprus
What To Expect From Larnaca Lawyers
Finding The Best Law Firm Cyprus
Dubai Company Registration
Architectural Firms In Guwahati
Construction Firm In Guwahati
Why Opt For Using Link Building Campaigns
Finding The Best Link Building Strategy
Opting For One Way Link Building
Outsourcing SEO Services
What Link Building Package Suit Your Business?
Online Business Development Services In Chennai
Online Business Lead Generation Services In Chennai
Digital Marketing And SEO Services In Chennai
Business Promotion Services In Chennai
Online Reputation Management Services In Chennai
Savour The Advantages Of Nichrome’s Edible Oil Filling Machines
Bollards Help You Set Boundaries
Removable Bollards For Easier Access
GPS Tracker For Car
Installing Tracker For Car
Finding A GPS Tracking Device
Live Chat Agent Training Solutions Now
Live Chat Sales Strategy
Live Chat Agent Performance
Expert WordPress Developers
Uses For Iranian Yellow Pages
Iranian Yellow Pages
Benefits Associated With An Emergency Electrician London
Why Rely On An Electrician Chiswick
When Should You Call An Electrician Hammersmith?
Services Offered By An Electrician Kensington
Worthwhile Investment Opportunities For Everyone!
Best Investment Options
Bollards Sydney And Their Features
Best Way To Invest
Tips On Business For Sale In Dubai
The Best Business Opportunities In Dubai
Dubai Venture Capital Basic Info
Challenges Of Startups In Dubai
Take Advantage Of Investment Opportunities In UAE
Trading Stock Options Wisely
Why Should You Rely On An Event Staffing Agency?
Advantages Offered By A Proper Promotional Staffing Agency
Find The Most Experienced Lawyers Cyprus
Why It Is Important To Get Melbourne Headshots
Why It Is Worth Hiring A Headshots Photographer
A Community With Banks In Greensboro NC?
Opting For Enterprise Car Sales Greensboro NC
Finding The Right Law Firm Cyprus
Company Registration Cyprus To Help You Expand
Why Set Up Offshore Companies?
Cyprus Residency For The Entire Family
Improve Live Chat Agent Performance
Professional Live Chat Agent Training Solutions- A Must
Why You Need Live Chat Sales Strategy
A Complete Solution For Industrial Measurments – Plastic Paddelwheel Flow Meters
DRY RISER FITTINGS
Compared - Aspects In Outsource Data Entry
Best Tips To Trade In Options For 2018
How To Keep You Return On Investments High
Feed Your Customers The Latest Online Content Through DoDots
Improve Your Online Business With DoDots Tony Medrano
Know All About The DoDots Anthony P. Medrano Patent
Learn How The DoDots Patent Tony Medrano Delivers Internet Content
6 Points To Consider When Hiring Larnaca Lawyers
Property Lawyers In Cyprus Can Handle All Property-related Matters
Dubai Company Registration Made Easy For You
How To Get Your Cyprus Citizenship Hassle Free
Credit Union Auto Buying Service Winston Salem NC
Costs Of Enterprise Car Sales Greensboro NC
Hire Brand Ambassadors New York For Your Products
Advantages Of NC State Credit Union
Options For Banks In Greensboro NC
Why Choose The NC State Credit Union
Best Credit Spread Options And Why You Should Incorporate Them
Advantages Associated With Bollards Sydney
Best (and Safest) Options To Invest Money!
Improve Live Chat Agent Performances
HOW TO BE THE TALK OF THE TRADE SHOW
Register For A Lifeguard Instructor Trainer Course And Become A Lifeguarding Instructor
Home Extensions Preston With A Twist
How To Trade Options- Learn Options Trading Basics
DoDots And How Can Content Influence Web Users
The Beauty Of DoDots Tony Medrano’s Invention
DoDots Tony Medrano And Changing The Online World
The Usefulness Of DoDots Anthony P. Medrano Patent
The Best DoDots Case Study Tony Medrano
How Could Have DoDots Tony Medrano Have Succeeded?
Who Is DoDots Dani Apgar To Today’s Web User?
DoDots And Receiving The Information You Needed
How To Find Chair Rentals
Benefit From Credit Union Auto Buying Service Winston Salem
Choose Reliable Car Dealerships In Greensboro Nc
Check Out Enterprise Car Sales Greensboro Nc
Managing Company Registration Cyprus
Tips On Choosing Larnaca Lawyers
Choosing The Right Law Firm Cyprus
What To Look For In Litigation Lawyers Cyprus
Benefit From Free Classifieds In Dubai
Post Free Ads In Dubai
Why Are Speed Humps Effective
Short Term Investments For Investors
How To Get Best Return On Investments?
The Basics Of The Covered Call
Summer Fashion Trends - All The Key Items To Have
Specific Facts Associated With Who Viewed My Instagram
Unsecured Loans Benifits
Unsecured Loans :http://www.unsecuredloans4all.co.uk/guaranteed-loans.php
Best Strains To Buy Online To Fight Fatigue And Get Fit
What Is Stock And How To Invest It ?
Printer Covers – Protecting Your Printer
Why Use Printer Dust Covers
What To Expect From Banks Oregon
Basic Information On DoDots Tony Medrano
The Importance Of DoDots Anthony P. Medrano Patent
The Decisive Role Of DoDots In The Online Environment
The Innovative Contribution Of DoDots Tony Medrano
DoDots Case Study Tony Medrano
How DoDots Dani Apgar Succeeded
DoDots - A Success Story Unveiling
DoDots Anthony P. Medrano Patent
Why Hire Personal Bodyguard
Tire Store Stoney Creek
CHECKLIST FOR EFFECTIVE EXHIBITION STALLS
How To Create A Budget For Your Home Improvement Projects
Just Proper And Accurate Details About Mobile Website Cuilder
Cheap Inmate Calls
Speed Humps For Busy Car Parks
What Is Option And How To Trade Options?
Guidelines For Where To Invest Money Safely.
What Makes Debt Collection Agency So Advantageous?
Advantages Of Optimized Live Chat Sales
Should You Invest In A Live Chat Sales Strategy
Is Live Chat Agent Performance Essential
Subtitle Services, Subtitle Translation Service, Video Editing Services
Subtitling Services, Closed Captioning, Subtitling Services In India
Document Translation, Professional Translation Services, Voice Over Services
Document Translation, Translation Services, Voice Over Services
Top 5 Hardwood Floor Trends For 2019
Document Translation, Professional Translation Services, Translation Companies In India
Uipath Online Training
Document Translation, Translation Services, Translation Companies In Delhi
Document Translation, Translation Companies In Delhi
Document Translation, Professional Translation Services, Transcription Services
Translation Services, Document Translation, Magazine Translation Services