Cyprus Investment Programme

Cyprus Investment Programme

As a part of its policies aiming to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus the Council of Ministers established the “Cyprus Investment Programme”.

On the 13.2.2019 the Council of Ministers purposing, to ameliorate the “Cyprus Investment Programme”, introduced new criteria and terms based on which non–Cypriot entrepreneurs/ investors and members of their families may submit applications in accordance with the provisions of the “Programme”. According to the relevant decision of the Council of Ministers the revised “Programme” is put into effect from the date of its publication in the Government Gazette – i.e. the 26th of February 2019 – with the exception of certain clauses which the decision specifies that will be put into effect from the 15th of May 2019.

One of the main objectives of the economic policy of the Republic of Cyprus is to further encourage foreign direct investment and to attract high net worth individuals to settle and conduct their business in Cyprus. Key factors that make Cyprus an attractive destination for investment, is the highly specialized human capital, the reliable legislative and regulatory framework, the stable tax system and the safety and stability conditions prevailing in the country.

Criteria

The criteria for the obtainment of Cyprus citizenship have been recently amended, becoming now more favorable to potential investors as the required amount to be invested is now €2 million. Acquiring property in Cyprus, either as an investment or as a second home, has always been a popular choice among foreign investors. Obtaining Cyprus citizenship through real estate is a straight-forward process, with eligible applicants obtaining European citizenship in less than 6 months. The fact that Cyprus citizenship is not a residence permit or a visa but rather full citizenship of the EU-member state makes the Scheme particularly
attractive to persons who wish to relocate, make a career advancement or simply invest in new markets.

WORKING WITH H.PRIORITY TRUST SERVICES

  • We help you understand the Cyprus Investment Programme and its numerous benefits
  • We find the best investment combination to ensure maximum profit return and successful application
  • We complete and submit all necessary documentation to the relevant Authorities
  • We follow-up the entire process and keep you consistently informed of its outcome
  • Our holistic approach means you receive bespoke legal and business advice tailored to your needs

    We are proud to provide investors and businesses a safe pathway into Cyprus and Europe. The firm’s mission is to offer solutions on an extensive range of legal and financial matters, with high priority to professionalism and client satisfaction together with an interactive service and friendly approach.

    ADDRESS

    104 Agias Fylaxeos, Panayiotopoulos Court, Office 301, 3087 Limassol, Cyprus

    PHONE

    +357 25388999

    EMAIL

    [email protected]