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ARTICLE · 05 AUGUST 2019

Cyprus Investment Programme Revisited

Following the decisions of the Council of Ministers dated 13th September 2016 and 21st May 2018 as amended on 13th February 2019 and 6th May 2019, the Cyprus Investment Programme, which is available to non-Cypriot investors ...

CyprusCorporate/Commercial Law
G. Vrikis & Associates LLC
G. Vrikis & Associates LLC
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Following the decisions of the Council of Ministers dated 13th September 2016 and 21st May 2018 as amended on 13th February 2019 and 6th May 2019, the Cyprus Investment Programme (the "Programme"), which is available to non-Cypriot investors who want to invest in Cyprus wishing to acquire Cypriot citizenship, has been revised.

At present, the below criteria will be applicable for the period of 15th May 2019 onwards.

The applicant is required to make an investment of €2.000.000 and a donation of at least €150.000.

The required investment can be in real estate, tourism and infrastructure projects or in shares or financial instruments of companies operating in Cyprus, including investment in Alternative Investment Funds and Regulated Alternative Investment Funds.

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