- Investor is entitled to sell his investments after 3 years, however he must hold possession of at least EUR. 500,000 worth of residential property; (+ VAT if applicable);
- Wide range of Investments – residential or commercial properties, investment funds, shares of companies, government bonds;
- Zero donations to the state;
- A fast-track procedure takes only 6 months (the fastest in Europe);
- Dual-citizenship permitted and the acquisition of citizenship in Cyprus is not reported to other countries;
- Access to the 1st class EU health care system and education systems;
- No history or language proficiency tests;
- VISA-free travel to 157 countries worldwide, including all the EU countries, Canada, Australia amongst others;
- No double taxation in Cyprus, international tax planning tool and financial confidentiality to the Cyprus passport holders;
- No dividend tax on world-wide income for no-domiciled tax residents;
- No inheritance tax and the lowest rate of corporate income tax in Europe (12.5%);
- Numerous education options in the EU universities which feature lower tuition fees;
- No requirement to reside in Cyprus either before, during or after the approval of the citizenship application;
- The citizenship is granted to the whole family – husband, wife and all financially dependent children under 18 years old;
- Unrestricted right to live, work, do business, study and travel anywhere in the EU, Switzerland, Liechtenstein, Norway and Iceland;
- Cyprus offers a wonderful climate and ecology, it is one of the safest places in the world with almost no criminality and an English speaking environment making it easy for people to adjust and feel Cyprus a their new home;
For an overview of possible investment ways, please navigate in the areas of practice to citizenship by investment at pahalaw.com
