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ARTICLE · 01 AUGUST 2020

Cyprus Investment Programme FAQs

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A PRP holder may be granted Cyprus passport by naturalisation following seven consecutive years of residence in Cyprus.

CyprusReal Estate and Construction
Antoine Saliba Haig
Antoine Saliba Haig

1. Does a Permanent Residency Permit (PRP) lead to Cyprus passport?

A PRP holder may be granted Cyprus passport by naturalisation following seven consecutive years of residence in Cyprus.

2. What is the eligibility criteria for obtaining the Cyprus Investment Programme?

  • Minimum investment of ?1.5 million in real estate or a minimum of ?2 million in other investment options;
  • Residence amounting to ?500,000;
  • The main applicant must be 18 years of age;
  • A clean police record;
  • One visit is required to obtain Biometrics and receive a Permanent Residency Permit.

3. How long is the application process for obtaining the Cyprus Investment Programme?

Prior to filing in the application, one must obtain the investments and purchase residence amounting to ?500,000. Once an application is filed, the authorities then have 6 months to process the file. Following which, the Cyprus passport is issued.

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