Index | Ranking | Score |
|---|---|---|
Overall Ranking | 8th | 88.79 |
Procedure | 2nd | 88.49 |
Mobility | 13th | 69.35 |
Tax Optimization | 12th | 77.08 |
Quality of Life | 15th | 79.73 |
Investment | 21st | 60.23 |
Category | Details |
|---|---|
Legal Provision | |
Region | Europe |
Minimum Investment Threshold | €300,000 |
Year of Inception | 2013, revised in 2021 and 2023 |
Visa-free Countries | 175 |
Investment Options | Investment in residential real estate (new properties), commercial real estate, shares of a Cyprus-based company, units of a local investment fund (AIF or UCITS) |
Physical Presence Requirements | Applicants must visit Cyprus at least once every two years to maintain their residence status |
Family Member Inclusion | The main applicant can include spouse, children up to 25 (if dependent), and parents of both spouses |
Dual Citizenship Allowed | Yes Path to citizenship Eligibility to apply for citizenship after seven years of continuous residence, with specific conditions |
Average Processing Time | 2-4 months |