Although Cypriot authorities have been tightening the vetting procedures and caps on the number of passports granted to wealth foreigners, Cyprus remains an ideal citizenship/visa solution for many. The two paths for getting residency in Cyprus are a traditional application and the golden visa scheme.
Individuals intending to stay (with or without employment) in Cyprus for more than 3 months, will need:
In 2013 Cyprus nearly went bankrupt. As part of the recovery plan the Cypriot government introduced the Golden Visa Scheme to take advantage of the revenue in residential property. Foreign nationals, through the Golden Visa Scheme, can get permanent residency or citizenship through investment in property in Cyprus. The scheme has been popular with many due to the positive rise in property prices in Cyprus and political uncertainty around the globe.
One of the fastest and simplest investor visa schemes in Europe. The requirements and benefits of permanent residency are:
If you are a high-net-worth individual looking for rapid citizenship then this is one of the quickest and most assured route to citizenship of a European country, the requirements and benefits of citizenship are: