As part of the continuous effort to maintain Cyprus'
reputation as a global financial centre, the Cyprus Government may
grant the Cypriot Citizenship to foreign business persons and
investors on the basis of exemption, provided that foreign
applicants satisfy certain financial and other criteria. A
successful application for the Cyprus Citizenship means that the
applicant can enjoy all free movement benefits that apply to all
European Union Citizens.
On the basis of the "Scheme for Naturalization of
non-Cypriot investors by exception" (the
"Scheme"), a non-Cypriot individual, who meets one of the
economic criteria outlined in Part A below, either personally or
through a company/ companies in which he/ she participates as a
shareholder – in proportion to his/her holding percentage, or
through investments done by his/her spouse or jointly with the
spouse or even as a high-ranking senior manager of a company/
companies may apply for the acquisition of the Cypriot
