6-8 Months 3-4 Months Applicant, Spouse, Children and Parents None
TIME TO RESIDENCE PERMIT
Applicant, Spouse, Children and Parents
Situated at the north-eastern end of the Mediterranean basin, Cyprus is the third largest island in the region, with an area of 9,251 Km2.
The Republic of Cyprus is a democracy with a presidential system of government. On some issues, notably defense and international politics it may act in cooperation or in consultation with Greece. The Turkish Cypriot regime is a parliamentary democracy with a marked political, military, and economic dependence on Turkey.
Cyprus is a full member of the European Union and has an open, free-market, service-based economy with some light manufacturing. Internationally, Cyprus promotes its geographical location as a “bridge” between East and West, along with its educated English-speaking population, moderate local costs, good airline connections, and telecommunications.
Cyprus offers two programs through real estate investment. One for permanent residency and one for citizenship. The two investment schemes are relatively fast and efficient at granting a residency permit or second citizenship.
To be eligible for citizenship, applicant must fulfill the following criteria:
To be eligible for residence permit, applicant must fulfill the following criteria:
Greek and Turkish
USD 24.5 Billion