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A Step by Step Guide to Cyprus Citizenship

There are a couple of things that you need to know before you start applying for citizenship by investment in cyprus.

There is an order as to which you should follow to ensure that you are granted citizenship with no delays.

Read on to find out.

Step 1; Registration

This refers to residency registration. It is the very first step when starting the application. The whole process of acquiring citizenship takes between 6 to 8 months.

And, you can only be granted citizenship if you have registered as a resident for a minimum period of 6 months. It is therefore important that before anything else you register as a resident.

Step 2; Choose an investment option

There are 5 options that you can choose from;

– Donation to the Cyprus Land Development and Research
– Invest in infrastructure Projects and Real Estate
– Invest in Financial Assets of Cyprus Organizations
– Participation of purchase in Cyprus Businesses
– Combine investment – invest in all of the above 4

Make sure that you meet the standard sum of citizenship investment which is approximately 2 million euros.

Step 3; Prepare all documents

Gather all the required supporting documents

Step 4; Fulfill all the requirements

Fill in all the documents needed and fully pay your investment

Step 5; Submit Application

Officially submit your Cyprus Citizenship by Investment application. Also make sure you pay all the required fees.

Step 6; Await acceptance

Now that you have completed all the process and submitted your application, it is time to wait for official acceptance.

Step 7; Get your passport

The last step is to visit Cyprus to submit your biometric data and take an oath allegiance to get your passport.

In a nutshell;

Make sure to register for residency the very first day. Invest and apply within the first month.

You will get the formal acceptance within 6 months and your passport within 8 months of application.

June 26, 2020