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How to obtain Cyprus citizenship

Unlike most European countries, Cyprus allows you to become its citizen without any complications. The sunny and warm climate attracts the inhabitants of Russia not only as a resort, but also as a country for a potential place for living. In addition, many people want to have a Cypriot citizenship because of low crime rates, democratic prices and small cultural differences (for example, here, as in the CIS countries, the Orthodox religion is widespread). Moreover, now the county is a member state of the European Union. This means that after acquiring the citizenship of Cyprus, the EU will be open to you: the dual citizenship of Cyprus and the European Union which provides many opportunities.

Ways of obtaining citizenship

How to obtain the citizenship of Cyprus to a Russian? You can do this in several ways, which will be discussed below.

  • Through investments: to apply for Cypriot citizenship, you need to invest a certain amount of finance in the real estate of the country. This amount is 2 million euros excluding VAT. After three years of residence, the investor can sell what was purchased: although, even in this case, he must keep his own property for at least 500 thousand euros. This method is fast, but expensive and is suitable only for the well-to-do people. It is important to note that, Cypriot citizenship is issued not only to the investor, but also to his spouse and children, so that it is possible to become citizens of this country through marriage.
  • Seven years of residence in the country: to pass this way, you must first obtain a residence permit, then change it for permanent residence, and only then apply for the citizenship of Cyprus. Receiving a Cypriot citizenship takes quite long time: seven years, during which the country cannot be left permanently. However, this method avoids the significant financial costs that await those who decided to apply for citizenship in Cyprus through investments.

Residence permit and permanent residence

The procedure for obtaining a temporary residence permit and permanent residence permit is different for EU citizens and people who are not. Holders of EU citizenship can achieve residence permit much easier, but it is not so difficult for Russian citizens to do the same too. It is enough to buy any real estate and extend a residence permit every year. The resident does not have the right to work in this case. Permanent residence can be acquired either through an accelerated procedure, investing in real estate 300 thousand euros, or after five years living in the country without frequent trips (it is necessary to spend at least 180 days a year in the state). Residents can work, travel outside the country, and after seven years of life in the country they can apply for the citizenship of the Republic of Cyprus.

Cyprus citizenship

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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.

Ольга
Менеджер-консультант
+(357) 25 315 318

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