K.P.S. Services Ltd
Cyprus Citizenship by Investment
In order to promote foreign investments in the country, the Cyprus government has established various Citizenship and Residency programs for foreign citizens. A second passport allows foreign citizens to do business in places they couldn’t do before while at the same time they can travel in an easier manner and reside in a European country. The applicant may choose any of the following routes as stated below:
Investment in real estate properties
The applicant may purchase / construct buildings or invest in residential or commercial developments or any other infrastructure related projects for an amount of minimum €2,5 million.
If the investor opts for this investment scheme, the investment may be reduced to the amount of €2 million as long as a residential property amounting to at least €500,000 has been purchased and is kept for a lifetime.
Investment in Cypriot Companies by purchase or participation
The investor may purchase, register or participate in Cyprus business / companies investing in Cyprus an amount of at least €2 million.
This investment must be accompanied of an investment plan demonstrating how the funds will be disbursed supporting the local operations of the company. As in Option 1 a residential property amounting to at least €500,000 has been purchased and is kept for a lifetime. This purchase is not considered part of the initial €2 million.
Investment in financial assets of Cypriot Companies licensed by CySec
Investment of at least €2 million in Alternative Investment Funds (AIF’s) or financial assets of Cypriot companies or Cypriot companies licensed by the Cyprus Security and Exchange Commission (CySec).
As in Option 1 a residential property amounting to at least €500,000 has been purchased and is kept for a lifetime. This purchase is over and above the initial investment €2 million.
Combination of investments
Under this option, the applicant may proceed in investing a minimum €2 million by combining any of the above investments. In contrary to the other options, the applicant may purchase special government bonds of the Republic of Cyprus up to €500,000.
As part of the overall criteria the investor must own a permanent private residence in Cyprus of not less than €500,000 (+ VAT) in value. This applies only if the initial investment of up to €2 million does not include a private property purchase.
Cyprus Citizenship by Investment Services
Our team will:
Advise you with the detailed requirements at each step of the application process
Help you with the real estate matters
Provide a legal overview of the purchase agreements
Draft reports on the tax implementations arising from the investments
Complete and submit the application to the authorities
Provide feedback on the status of the application as this is assessed by the authorities
Resolve any matters arising during the application procedure
One of our professional employees will escort the client at the Civil Registry and Migration Department