Cyprus
Country Profile
- Capital: Nicosia
- Population: Approximately 1.2 million (2025 estimate)
- Area: 9,251 km²
- Major Language: Greek (official); Turkish; English widely spoken
- Major Religion: Christianity (predominantly Greek Orthodox)
- Life Expectancy: Approximately 82 years (2025 estimate)
- Currency: Euro (EUR)
- Exchange Rate from USD (as of May 2025): 1 USD ≈ 0.91 EUR
Benefits of Vanuatu Citizenship
- Fast Processing: Permanent residency granted within 2 months.
- Schengen Area Access: While Cyprus is not yet a Schengen member, it is in the process of joining, which will enhance travel freedom.
- No Residency Requirement: No physical presence required to maintain residency status; however, a visit to Cyprus once every two years is necessary.
- Family Inclusion: Include spouse, children under 25, and parents of the main applicant and spouse in a single application.
- Path to Citizenship: Eligible to apply for citizenship after 5 years of residency, subject to meeting certain criteria.
- High Quality of Life: Enjoy a Mediterranean lifestyle with excellent healthcare, education, and infrastructure.
- Tax Advantages: Benefit from a favorable tax regime, including no inheritance tax and low corporate tax rates.
Investment Options
Investment Option
Minimum Contribution
Description
Residential Real Estate
€300,000 (plus VAT)
Purchase of a new residential property from a developer. At least €200,000 must be paid before application.
Commercial Real Estate
€300,000
Investment in commercial properties such as offices, shops, hotels, or a combination thereof.
Cypriot Company Shares
€300,000
Investment in the share capital of a Cyprus-based company employing at least five people.
Investment Funds
€300,000
Investment in units of Cyprus Investment Organization of Collective Investments (AIF, AIFLNP, RAIF).
Annual Income: Demonstrate a secure annual income of at least €50,000, plus €15,000 for a spouse and €10,000 per dependent child. This income must originate from abroad.
Bank Deposit: Maintain a three-year fixed deposit of €30,000 in a Cypriot bank.
Clean Criminal Record: Provide a certificate of no criminal record from the country of residence.
Investment Options
Investment Option
Residential Real Estate
Minimum Contribution
€300,000 (plus VAT)
Description
Purchase of a new residential property from a developer. At least €200,000 must be paid before application.
Investment Option
Commercial Real Estate
Minimum Contribution
€300,000
Description
Investment in commercial properties such as offices, shops, hotels, or a combination thereof.
Investment Option
Cypriot Company Shares
Minimum Contribution
€300,000
Description
Investment in the share capital of a Cyprus-based company employing at least five people.
Investment Option
Investment Funds
Minimum Contribution
€300,000
Description
Investment in units of Cyprus Investment Organization of Collective Investments (AIF, AIFLNP, RAIF).
Annual Income: Demonstrate a secure annual income of at least €50,000, plus €15,000 for a spouse and €10,000 per dependent child. This income must originate from abroad.
Bank Deposit: Maintain a three-year fixed deposit of €30,000 in a Cypriot bank.
Clean Criminal Record: Provide a certificate of no criminal record from the country of residence.
Contact Us Today
Secondpass Global assists international clients in securing residency and citizenship through tailored investment programs. Contact us today to schedule your personalized consultation.