The Cyprus Permanent Residence Program, colloquially known as the Cyprus Golden Visa, allows those who invest at least EUR 300,000 (+VAT) in property, or the same amount in locally registered businesses or investment funds, the right to permanently settle in Cyprus.
Various other fees and conditions apply. To learn more, see the Cyprus Golden Visa program page.
– Investment requirements
– Investment options
– Processing time
– Physical presence requirements
– Program statistics
– Path to citizenship
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Investors will no longer be able to include parents or in-laws and must show proof of maintained income and investment every year.
The Cyprus Bar Association said it had found many instances of inadequate KYC/AML procedures and had already collected EUR 200,000 in fines.
The fallout from Cyprus’ citizenship by investment scandal continues: 222 individuals have seen their citizenships revoked so far.
40 years have passed since countries first began selling citizenships. See our timeline of the history of citizenship by investment programs.
Karl Haddad is incensed about venal Cypriot officials, kept busy all day by his newborn child, and finds solace in the poetry of The Prophet.
Despite the Commission’s protestations, Cyprus kept processing applications pending since the CIP’s termination – but rejected most of them.
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