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The Cyprus Investment Programme

The recent decision of the Council of Ministers for the revision of the Cyprus Investment Programme was taken on the 13th of February 2019. According to the decision, the revised Programme is put into effect from the date of its publication in the Government Gazette – i.e. the 26th of February 2019 –with the exception of certain clauses which the decision specifies that will be put into effect from the 15th of May 2019. The revised Programme has already been posted on the website of the Ministry of Interior.

Due to the fact that there are investors, who have been informed on the Programme prior to 13th of February 2019, and will not be able to submit their citizenship applications prior to the 15th of May 2019, the Council of Ministers decided that:

investors, who have concluded agreement/agreements for the purchase of immovable property – either within the framework of criterion A.2 (Investment in real estate, land development and infrastructure projects) or aiming at the fulfilment of the requirement for the possession of a privately owned residence in Cyprus – will be exempted from the obligatory fulfilment of the aforementioned criterion A.1 (Donation to the Research and Innovation Foundation and the Cyprus Land Development Corporation), provided that the purchase agreement/s will be stamped until the 15th of May 2019 and will bear a seal of the Stamp Duties Commissioner dated until the 15th of May (included).

The abovementioned exemption will be in force for applications that will be submitted until the 15th of July 2019.

12 years of real estate experience

Best proffesional use of real estate investment options based on maximum return on investment and solid capital growth

Cyprus as an attractive destination for investment

Benefit from a highly specialised human capital, a reliable legislative and regulatory framework and a stable tax system

A minimum investment of €2 million in real estate

The investment assets obtained can be sold after a period of 5 years

Investing in Cyprus through Real Estate

At PRIME PROPERTY GROUP, we enable non-Cypriot investors to explore investment opportunities through real estate in Cyprus. With a long-standing experience in the sector and through transparent and premium services, we expertly manage the process of applying for citizenship via the Cyprus Investment Programme. Prime Property Group has been active in investment citizenship in Cyprus for more than 10 years. Our team of specialists will assist you throughout the process which entails a straight forward procedure, sound and professional advice and a rich investment real estate portfolio to ensure a return on investment and solid capital growth.

‘’The Cyprus Investment Programme enables investors to choose from a diverse offering of investment options and is a transparent and secure procedure’’

Investing in Cyprus through Real Estate

Advantages of the Cyprus Investment Programme

Approved by the EU (being one of only two CIP programmes in Europe with official EU approval)

The investment assets can be sold after 5 years and additional investment of €500,000 to be held as a primary residence, indefinitely.

Cyprus legislation permits dual citizenship.

The investor's parents may obtain Cypriot citizenship on condition of acquisition of residential property in Cyprus; the purchase price of each is at least €500.000 (excluding VAT)

A straight forward and time-efficient route, enabling applicants to have their application reviewed from 6 to 9 months, from the day of submission.

Successful application applies to the investor, their spouse and all dependent financially children up to 28 years old

Visa-free travel to more than 150 countries worldwide, including all the European Union member-states, Canada and Australia amongst others

Access to European Union markets, education system, working and traveling with the EU including other social and tax advantages.

Possible investment ways *

Residential property

Commercial property

Participation in Cyprus businesses with
main office located in Cyprus

Financial assets of Cyprus

Government bonds
(500 000 Euros maximum)

Investment in commercial property, land development and infrastructure projects

* One way or the combination of all above

Investment Requirements

The investor must be the holder of a residence permit in Cyprus to qualify for Cyprus citizenship

The minimum investment amount is €2 million

Purchase a main residence at €500,000 (plus VAT if applicable)

The applicant must have a Schengen visa at the time of application

The applicant must have a clean criminal record (including a clean criminal record for spouse, adult children and parents)

The investment must be kept for a minimum period of 5 years

Donation of €75,000 to the Cyprus Land Development Corporation 

Donation of €75,000 to the Research and Innovation Foundation, subject to certain exceptions

Applicants who were previously rejected for citizenship by any other EU country, are not eligible under the CIP

No requirement for applicants to live in Cyprus prior, during or after the application process, but are required to hold a Residency Permit for at least 6 months

Obtaining Cyprus citizenship through real estate enables applicants to complete the application process in less than 6 months. The fact that obtaining Cyprus citizenship through the Cyprus Investment Programme does not entail a residence permit or a visa but rather full citizenship of the Republic of Cyprus makes the Cyprus Investment Programme particularly attractive to persons who wish to make a complete relocation, invest in a new career choice or explore new investment markets.

Investment Options

  • Option 1
  • Option 2
  • Option 3
  • Option 4

Investment in real estate, land under development and infrastructure projects

  • The Applicant has made an investment of at least €2,000,000 (excluding VAT and any transfer duties on land purchases)

  • The investment must involve the purchase or construction of buildings or for the construction of other land development projects (residential or commercial developments or developments in the tourism sector) or other infrastructure projects, including properties purchased after their initial sale (i.e. re-sales)

  • A mandatory donation of €75,000 to the Cyprus Land Development Corporation and a mandatory donation of €75,000 to the Research and Innovation Foundation, unless the applicant invests a minimum of €75,000 in a certified innovative enterprise (i.e. an enterprise that had acquired the relevant certificate by the Ministry of Finance).

Purchase or establishment or participation in Cypriot companies or businesses

  • The Applicant has made a purchase or has participated in companies or organisations established and operating in Cyprus with investment costs of at least €2m.

  • The invested funds must be channelled towards the financing of the investment objectives of these companies exclusively in Cyprus, based on a specific investment plan.Such companies or organisations must have proven physical presence in Cyprus, with significant activity and turnover and employ at least five (5) Cypriot or citizens of European Union member-states.

  • The minimum number of employees will be increased if more than one applicant invests simultaneously (or almost Simultaneously) in the same business or company.

Investment in Alternative Investment Funds (“AIFs”) or financial assets of Cypriot companies or Cypriot organisations that are licensed by the Cyprus Securities and Exchange Commission (“CySec”)

  • The Applicant has bought units with a value of at least €2m, from AIFs established in Cyprus and which are licensed and supervised by CySec.

  • These investments must be made in Cyprus exclusively.

  • These investments must meet the criteria of the Scheme or in areas approved by the Minister of Finance.

Combination of the above investments

  • The Applicant may proceed with a combination of the above investments, provided that the total investment will amount up to at least €2m.

  • Within this option (combination of investments) the Applicant may purchase special government bonds of the Republic of Cyprus, up to €500.000, which will be issued by the Public Debt Management Office of the Ministry of Finance, on condition that the investor will retain these bonds for a three year period.

  • The characteristics and the terms of these special bonds will be determined by the General and Special Issue Terms of the Government Bonds of the Republic.

  • Investments in government bonds through the secondary market are not considered eligible.

The most cost-effective investment scenario is the acquisition of residential properties with a total value of €2m, as there is no need to buy a residential property worth €500,000. When investing in government bonds and commercial properties, in addition to the investments of €2 million, the applicant is required to purchase a residential property (1 or 2), worth €500,000.       For all investment options, a mandatory donation of € 75,000 to the Foundation for Research and Innovation and a mandatory donation of € 75,000 to the Cyprus Land Development Corporation applies.

Request form

Head office in Limassol
  • Ambelakion 28 Street,
    P. Germasogeia
    4046 Limassol, Cyprus
  • +357(25)-315-300
Office in Larnaca
  • Kalogirou Bldg, Shop 5,
    21 Agias Fenaromeni
    6025 Larnaca, Cyprus
  • +357(24)-342-050
Office in Paphos
  • Corner building with
    Tombs of The Kings Ave. &
    17 Aristarchou street
    8015 Paphos, Cyprus
  • +357(26)-962-365
Office in China
  • Room 64741, Yayuan Apartment,
    Beijing Friendship Hotel,
    No.1 Zhongguancun South street,
    Haidian District, Beijing, China.
  • +8618668900529
Office in Moscow
  • Мантулинская ул., 14, ЗАО
    123111 Москва, Россия Время работы:
    Пн-Пт: 09:00 – 19:00
    Сб: 10:00–16:00
    Вс: выходной
  • +7(495)-984-09-98
Office in St. Petersburg
  • Невский Проспект, 22-24, лит. А, пом. 24
    Санкт-Петербург, Россия, 191186
  • +7(812)-612-26-20
Office in Dubai
  • Level 20, 48 Burj Gate, Dubai Mall metro station, Dubai
  • +357-(25)-315-300
Office in Nicosia
  • 56 Stavrou Avenue Strovolos, 2035 Nicosia, Cyprus
  • +357-(22)-373-150

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€2 000 000+

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Налоги и пошлины

ID: 6399
Сбор за перевод права собственности (единоразовый)
1445.7 € (1.57 %) один владелец
1380 € (1.50 %) два владельца
Гербовый сбор (единоразовый)
138 € (0.15%)
Налог на недвижимое имущество (ежегодный)
75 € (0.08 %)
Муниципальный налог (ежегодный)
250 €/год (0.27 %)
Стоимость юридического сопровождения (единоразовая)
736 € (0.8 %) — 920 € (1 %)

Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.

+(357) 25 315 318

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