The applicant must meet the following requirements in addition to making an investment:
- Have no criminal history
- Have a valid passport
- Not be on the list of persons whose property is ordered to be frozen within the boundaries of the EU
- Provide proof of source and origin of the declared funds for investment
Investor options
- Direct investment
In the purchase of one of the below, applicant must make a direct investment of at least €5 million:
- Financial assets
- Property
- Businesses or companies
- Maintain ownership of assets for a period of 3 years
- Bank Deposit
The applicants should have a fixed term deposit of at least €5 million for at least 3 years in a bank in Cyprus.
- The applicant must hold a permanent privately-owned residence in Cyprus, with the purchase price being at least €500,000 plus applicable VAT and should choose one of the prescribed investment options and maintain it for the required duration, under collective Investment programs of at least €2.5 million each.
