NOTE: In 2020, Cyprus discontinued its CIP pending a review. A new Cyprus CIP is reportedly in planning.
The Cyprus Citizenship by Investment Programme
This program page is sponsored by Astons Immigration Attorneys
QUICK FACTS
PROGRAM TYPE: Citizenship
TOTAL INVESTMENT RAISED: US$7.5 billion
TOTAL PASSPORTS ISSUED: 3,300
VISA-FREE DESTINATIONS: 173
OFFICIAL WEBSITE:
See the official website of the government entity responsible for processing applications to the program.
PROGRAM OVERVIEW:
See program essentials such as prices, requirements, timelines, investment options
ACCREDITED AGENTS:
The official list of companies and individuals licensed to submit applications to the government under the program.
PROGRAM FAQ:
See the most frequently asked questions about this program, along with their answers.
Visa-Free Destinations
Statistics on this program
Recent articles about this program
US State Dept. Human Rights Report Flags Five CIPs for Transparency Concerns
The report noted shortcomings in transparency (and the potential or actualized corruption that such opacity engenders) among five CIPs.
Reform for Cyprus’ Permanent Residency Program: New Investment Options
Applicants to the Cyprus Permanent Residency program now have more investment options than ever, writes Eleni Drakou.
“Jho Low Was Never a Client”: Henley & Partners Respond to OCCRP Report
Henley & Partners says Jho Low was never their client. The Investment Migration Council says that an internal review is underway.
Cyprus, Be Careful Not to Throw the Baby out With the Bathwater
Though poorly managed and structured, the CIP was a boon to the Cypriot economy. Michel de Martigny and David Lesperance offer a recipe for how to build back better.
Closure of Cyprus CIP “a Great Travesty”: 10 on the Weekend – Steven Pepa
Steven Pepa, who admires Mohammed Asaria, believes matching investor migrants with private equity funds can make the latter more humane.
Google’s Ex-CEO Becomes Cypriot Through Citizenship by Investment Program
Nuri Katz: “Schmidt cannot travel to Europe. He’s like everybody else — like a lot of other high-net-worth people who want to have options.”
Applications Worth EUR 1.5 Billion Pending For Cyprus CIP Following Last-Minute Deluge of Filings
In the 18 days between the suspension-announcement and the deadline, Cyprus’ CIP received an additional 105 citizenship applications.
As Cyprus’ CIP Officially Closes, Ministry Says No Deadline Extensions
As the Cypriot program comes to an end, hundreds of applications remain outstanding.
Kochenov: Commission Would Likely Be “Humiliated” If CIP-Matter Goes to Court Over “Genuine Links”
MUST-READ: Prof Kochenov delivers a scathing rebuke of the Commission’s infringement action: “Unquestionably ultra vires and absolutely unacceptable.”
How CBI-Specific Investment Assets Can Create a Moral Hazard Situation
To reduce the room for government officials to trade favors, let CBI-applicants invest in open markets, write Petrov, Shoylev, and Bekyarova.
