CITIZENSHIP & RESIDENCE PLANNING IN THE REPUBLIC OF CYPRUS

CITIZENSHIP & RESIDENCE PLANNING IN THE REPUBLIC OF CYPRUS

CITIZENSHIP BY INVESTMENT
WHAT IS CITIZENSHIP BY INVESTMENT?

• A PROCESS WHEREBY A COUNTRY, BY WAY OF EXCEPTION, GRANTS CITIZENSHIP TO ELIGIBLE APPLICANTS THAT MAKE A CERTAIN SIGNIFICANT INVESTMENT INTO ITS LOCAL ECONOMY.

• CITIZENSHIP IN RETURN FOR ECONOMIC INVESTMENT. WHY IS SECOND CITIZENSHIP IMPORTANT?

• LIFTS TRAVELLING RESTRICTIONS & FORMALITIES

• FLEXIBLE AND EFFICIENT FOUNDATION FOR TAX STRUCTURING AND PLANNING

• CAN BE PASSED ON TO A NEXT GENERATION.

CYPRUS (EU): CITIZENSHIP BY INVESTMENT SCHEME
• SOUND LEGAL RIGHT TO EU CITIZENSHIP TO THE APPLICANT AND HIS DEPENDENTS AS OF RIGHT
• CYPRIOT (EU) PASSPORT ISSUED WITHIN 3 MONTHS
• NO NEED TO GIVE UP AN EXISTING PASSPORT (MORE THAN ONE PASSPORT IS LEGAL IN CYPRUS)
• NO RESIDENCY REQUIREMENTS
• NO LANGUAGE TEST REQUIREMENTS
• NO FAMILY PLANNING LAWS
• CYPRUS LEGAL SYSTEM BASED ON ENGLISH -COMMON LAW JURISDICTION
• QUALITY OF LIFE (AIR QUALITY, HOSPITALITY AND SAFETY), EDUCATION AND ACCESS TO MEDICAL FACILITIES

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