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Cyprus Citizenship By Investment Program From Dubai


Cyprus Citizenship By Investment Program From Dubai


Cypriots Eligible For Military Service On Claiming Cypriot Citizenship On The Basis Of Origin

Greek Residency

Please note that in cases where a copy of the birth certificate is not available it is advised that applicants forward photocopies of parents’ Republic of Cyprus documentation. A selection of alternative residency and citizenship investment programmes to consider. Adults born on the 16th of August 1960 or after and none of their parents at the date of their birth was a Cypriot citizen.

Setup of a company in Cyprus as such does not give the opportunity to get temporary residence permit. Non-EU nationals are expected to invest at least 171,000 EUR in the company in order to be eligible to apply for temporary residence permit. It will be valid for one year and renewed semi-automatically provided your company is doing business and you work in the company on a managerial position. Our legal fee to assist with residency turkish citizenship is discussed individually on case-by-case basis. Further changes to the regulations state that the investments of the applicants must be maintained for 5 years from the date of naturalization, instead of 3 years, and such they can only qualify if there is a planning permit secured beforehand. During this 5-year period, the investor can change the investment after the approval of such change by the Ministry of Finance.

Obtaining Citizenship By Descent In Cyprus For Adult Applicants

For example, if there is a delay with the airline, the airline has to provide meals, refreshment as well as accommodation to individuals with an EU passport. If you are over 18 years old and have a clean criminal record, you are eligible for a Republic of Cyprus passport. This process primarily requires individuals to submit passport issuance applications at the office of the consular or at the Cypriot embassy in person. Then, obtain permanent residence status and lodge a citizenship application with all the required paperwork. So, if obtaining a turkish citizenship is too much for you, or you simply don’t want to invest that much money at this point in time, go for permanent residency.

  • Seating at restaurants is limited to a maximum of 12 persons per table.
  • It’s also got a flawless reputation on the investment immigration scene and fully-digital processing of all paperwork, which is especially important when a global pandemic is going on.
  • Click here to read real life cases of how the Cyprus citizenship is used in combination with other attractive features that Cyprus offers.
  • Are you making your application via London Consulate or going to Cyprus to apply .

Then there’s the business investment option, which requires $1.5M before fees (or $400,000 per person if the investment is made as a group). A single applicant will pay $287,500 and hold the bonds for five years. That means there’s a possibility to recoup some of the money after the holding period is over. The traditional government bond option requires investors to keep bonds for at least five years.

Accompanying Documents For M121 And M126

A family member, a prominent philanthropist, also acquired Cypriot citizenship on the same day. Today they share ownership of the M1 group, which owns stakes in South African telecom firm MTN and real estate in New York, London and Monaco. Wanted by Iran for misappropriation, breach of trust, money laundering, fraud, forgery and counterfeiting and leading an organised criminal group. They also hold a passport from the Caribbean Island of Grenada and were revealed by the Paradise Papers to hold offshore companies in Malta. A group application on behalf of 18 employees and senior executives of Hong Kong-based company Melco Resorts & Entertainment Ltd.

The main benefit of Cyprus Permanent Residency status, apart from the opportunity of residing in the beautiful island of Cyprus, is the ability for all family members to travel throughout the European Union freely. Once the documents are ready, we submit them to the Ministry of the Interior of Cyprus. At the same time, you will need to pay a EUR 2,000 fee for each adult applicant. At this stage, you need to provide us with a minimum set of documents.

Cyprus Citizenship By Investment Options

An application can be submitted by foreign spouses of Cypriot nationals, who have completed three years of marriage and two years of residence in the Republic prior to the date of application. The president’s office told the auditors that bin Mahfouz offered the jet at a discount, while the estate of the late Chris Lazari, a Cypriot expat who made his fortune in U.K. This arrangement saved taxpayers almost 3.5 million euros for multiple trips from 2016 through September 2019, the president’s office has said. In February 2014, the Anastasiades family was involved in a remarkable real estate deal of its own when the president’s wife, Andri, agreed to pay the Church of Cyprus 500,000 euros for a vacant lot adjacent to the family’s private mansion. At the time of the purchase, the villa was owned by a Cypriot developer.

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