Two thousand three hundred ninety applications were filed for the Cypriot citizenship through the investment scheme between May 2013 and August 2018. Fascinating statistics leaked from the parliament about the Cypriot citizenship by investment programme. Interestingly, almost 200 law firms accounted for 2231 applications, which represents nearly half of the candidates. However, the number of applications is not equal to the number of successful applicants or the number of granted Cypriot citizenships through the investment programme. Meanwhile, the government of Cyprus started to award the citizenships for investors practically in 2014, and since then 2996 passports were granted for the investors from third countries and their family members. During 2014, the Cypriot government issued 214 citizenships for the primary applicants and 186 passports for the family members. The amount of granted citizenships increased quickly, the busiest year was 2017, when 503 investors obtained the citizenship of Cyprus and they also got 510 Cypriot passports for their family members. As usual, most of the new citizens arrived from Asia, Eastern Europe and from the Arab countries. Now it looks like that 2017 was the record holder in the history of the Cyprus citizenship by investment programme because the government decided to place a strict cap on the citizenships granted, the limit is only 700 per year. Discus Holdings Ltd is an expert of the Cypriot citizenship by investment programme. Ask here for a consultation and obtain all the detailed information straight from our local office!

Advantages of being the holder of a Cypriot passport

• Cyprus is an EU Member State. You can live, work or study in any other EU country.
• Family members of the primary applicant can receive the passport as well (spouse, children under the age of 28)
• You don't have to live or reside in Cyprus. As a citizen of the EU, you can choose, where do you want to live with your family in the European Union.
• Real investment for citizenship and no contribution to the state. You invest in your home or business.
• Fastest EU citizenship program, the naturalization process takes only six months!

Requirements of the citizenship by investment program of Cyprus

• You must own a residential property in an amount of at least half a million euros.
• You must invest at least one and a half million euros in real estate, alternative investment fund or government bonds.
• You and your family must "meet the requirements of trustworthiness".

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