The Cyprus Investment Programme, based on subsection (2) in Section 111A of the Civil Registry Laws of 2002 to 2019, was approved by the Cyprus Council of Ministers on the 13 September 2016, and subsequently amended in May 2018 and February 2019. The latest amendments to the CIP are effective on 15 May 2019 onwards, and you can find more info at www.moi.gov.cy
The Cyprus government has formulated an investment programme aimed at high net worth individuals, investors and entrepreneurs. This allows the successful applicant and their family to hold a Cypriot passport and enjoy all the benefits of a Cypriot National, subject to making necessary investments and complying with specific conditions. Cyprus provides an ideal destination for non-EU individuals wishing to acquire Permanent Residence Permit in an EU country. The whole process is simple and fast. It primarily requires an investment of a minimum of €300,000 + VAT on immovable property in Cyprus. In order to be granted a life-long (permanent) residence permit in Cyprus, the applicant needs to purchase least a new property or two new properties from the same developer with a total price of 300,000 Euros, excluding VAT. The issuance of Cyprus Permanent Residence Permit takes about two months and covers all family members, including children under 25 years old.
Whether you aim for a Permanent Residence, EU Citizenship or just for property investment M.Residence can meet every property and legal requirement you might have. We present only meticulous selected and filtered opportunities for investments in the Real Estate Sector, with the ultimate goal to maximize our clients’ capital growth and minimize potential to risk.
We have created a selection of flexible investment-passport packages which meets all the criteria leading to a Cyprus / European Citizenship. At M.Residence your application is prepared by a team of qualified immigration lawyers and property specialist taking care of the entire application from collection of the documents until the issuing of the visa / passport.
Our services for acquisition of properties by Non-European citizens include: