Cyprus

The Republic of Cyprus, is the third largest and most populous island in the Eastern Mediterranean. This big island has a strategic and premium location, as it is to the south of Turkey, west of Syria and Lebanon, north of Egypt and southeast of Greece.
  • Eastern Mediterranean Island
  • European Union Citizenship
  • Property Investment
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Government and Regime
The Republic of Cyprus is an independent sovereign with a presidential system of stable democratic government. It is a full member of the EU and the Euro is its official currency. Cyprus is also a member of the United Nations and its specialized agencies, the Council of Europe, the Commonwealth, the Organization for Security and Cooperation in Europe.
Landscaping
The scenery of Cyprus unfolds across glittering coasts, rolling mountains, fragrant forests and rugged headlands. Blessed with the beauty of nature’s best palette, from the warm shores of the mainland to the unspoiled and cool oasis of the Troodos mountain range.
Investment
The acquisition of the Cyprus citizenship by investment is in line with the main economic objectives of Cyprus, and in accordance with the regulations issued by virtue of Civil Registry Laws.
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Procedure
The citizenship by investment requires the applicants to acquire documents as follows:
  • Procedure 1
    Upon signing an agreement with OPEN BORDERS, the applicant pays 50% of fees, reserves a property in Cyprus paying a Euro 10.000 refundable deposit into developer escrow account.
  • Procedure 2
    All documents pertaining to citizenship applications and real estate purchase are submitted to the Government of Cyprus. Applicants must pay balance of property purchase price into developer escrow account. Government application fees must be paid.
  • Procedure 3
    Upon receiving the Approval for citizenshipe, the applicants must travel to Cyprus to undertake Oath of Allegiance and obtain Citizenship Certificates and passports. At this point the remaining 50% fees for OPEN BORDERS fees are paid and thus property purchase funds are released from escrow to developer.
  • Procedure 4
    Government fees of minimum Euro 10.000 will be applicable depending on the size of the application. Applicant's dependent children may now apply for Cyprus citizenship.
  • Procedure 5
    Children must visit Cyprus to obtain Citizenship Certificates and passports. Alternatively they can be collected from a Cypriot Embassy overseas however this may take longer.

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*please note that according to UK policy, you can stay for up to 6months a year

In accordance with Regulations issued by virtue of the Civil Registry Laws, applicants seeking Cypriot citizenship by investment must make an investment of 2 million Euro in Real estate (residential, commercial, development)

Total Area
442.6 sq km

Population
90,156

Ethnic Groups
Black, Mixed, White, Other

Currency
Euro

Languages
English & local dialects

Exchange Rate
USD 1.00 = 0.85 EUR
(June 2018)

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