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ARTICLE · 06 JUNE 2020

The Cyprus Investment Scheme

The new Cyprus Investment Scheme, adopted in September 2016, as amended in March 2019, streamlines and simplifies the criteria for Cyprus eligible investments, rendering the scheme...

CyprusFinance and Banking

The new Cyprus Investment Scheme, adopted in September 2016, as amended in March 2019, streamlines and simplifies the criteria for Cyprus eligible investments, rendering the scheme more coveted and attractive than ever.

WHO MAY APPLY

  1. INVESTOR Non-Cypriot citizen who acts on his/her own capacity or as a shareholder of a company or through investments done by his/her spouse or jointly.
  2. HIGH-RANKING SENIOR MANAGER Physical person who receives remuneration in which the tax revenue for the Republic of Cyprus amounts to at least a total of €100.000 for a period of 3 years and such tax has already been paid or prepaid.
  3. INVESTOR's PARENTS The new scheme gives the opportunity to the investor's parents to also apply for citizenship without having to proceed to an additional investment, provided that they fulfil the prerequisites set out below.

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