European Citizenship-by-Investment Program
Located to the South of Turkey and surrounded on all four sides by the Mediterranean Sea, Cyprus is an island nation that has grown in popularity among expats who wish to settle in Europe. It’s warm climate and mix of Eastern and Western cultures make it a noteworthy tourist hotspot. Known officially as The Cypriot Republic, the country has become an appealing destination for developers and investors who seek citizenship or residency in a European country.
Investors and their families can attain secondary Cyprus passport through the "Scheme for Naturalization of Non-Cypriot Investors by Exception". This program gives them an opportunity to procure Cyprus citizenship with an investment of 2,150,000 €. Cyprus passport holders have the freedom to hold dual citizenship and travel visa-free to 171 nations. Passport Legacy provides a range of custom solutions for migration and can help you attain a Cyprus citizenship from Dubai.
Purchase Real Estate, Development & Infrastructure Projects = A minimum investment of 2,000,000 € should be spent towards securing or developing a residential or infrastructure project in the country
Companies and Businesses = An sum of 2,000,000 € should be invested on either establishing or obtaining part of a business or organization in Cyprus. As a minimum, atleast 5 Cypriots must be recruited to the commercial enterprise.
Financial Assets or Alternative Investment Funds = Applicant must purchase part of a Cypriot business’ financial assets (bonds or debt securities) worth at least 2,000,000 € or make a similar investment in the Alternative Investment Funds (AIF).
Generally sunny, the beaches, food and historical points are the primary reasons that attract foreigners to this island country. The culture is heavily influenced by those of its neighbours - Turkey, the Middle East and Greece.
Albeit geographically situated in Asia, Cyprus is a European Union member. Subsequently a Cyprus passport is a Schengen passport, permitting travel to 171 countries visa-free (including all the countries that make up the EU).
“Larnaca International Airport (LCA)” is Cyprus’ primary airport, situated in Larnaca. The country is well connected, with flights to most European and Middle Eastern cities. There are ferry services connecting Cyprus and Greece. In the city, public transport (including buses and cabs) are easily available. The healthcare sector is composed of both the public and private sector, both of which are inexpensive for tourists and nationals alike. Expats who enroll for social insurance will be eligible to avail the benefits of public healthcare with a state medical card.
Cyprus has a private and state-funded schools. The tuition fees are generally cost-effective and the quality of education in general matches internationally accredited parameters. After becoming a member of the EU in 2004, employment opportunities in the country have risen exponentially. The growth of the manufacturing sector has demanded more skilled labour. We here at Passport Legacy can help you apply for a Cyprus passport, through their “Citizenship by Investment Program” from the UAE itself.
If you would like more information about any of the qualifying programs, or our services, please do not hesitate to contact us.
We would also be delighted to arrange a free consultation to discuss the programs in more detail to determine which program will best suit your individual needs.
Complete the contact form and our team will get back to you within 24-hours.
Passport Legacy DMCC
Direct: +971 50 404 6290
Tel: +971 4 589 7500
Email: [email protected]
Address: Suite 3004, Indigo Icon Tower
Cluster F, Jumeirah Lake Towers (JLT)
Dubai, United Arab Emirates