Important notice! Important notice! Regarding the 【sudden】 "Cyprus government announcement - The Cyprus passport program will be temporarily suspended on November 1, 2020. After November 1, the government will establish a new committee to discuss amendments to the bill and reintroduce new measures."

The "ruling party" and the "opposition party" of the Cyprus government have unanimously passed a resolution to suspend the Cyprus citizenship investment program, but have opened a final window period for potential investors. As long as investors select properties, pay deposits, sign purchase contracts, and complete government registration with the assistance of lawyers before November 1, they can catch the last train for citizenship.

Why rush to obtain a Cyprus passport as EU citizenship is about to be suspended?

China-Cyprus relations are harmonious.

The traditional friendship between China and Cyprus has a long history and a solid foundation of political mutual trust. In recent years, economic and trade cooperation between China and Cyprus has steadily developed, with bilateral trade booming and two-way investment flourishing. The "Belt and Road" initiative has brought investment opportunities and common prosperity to Cyprus and China, and Cyprus will continue to provide opportunities for Chinese individuals willing to invest in Cyprus.

The real estate market is booming.

According to official data from the Cyprus Ministry of Interior, in May 2019, real estate sales in Cyprus reached the highest monthly sales record since September 2008, soaring 61% compared to May of the previous year. The Cyprus real estate market was prosperous in 2019, with sales in major regions continuously increasing.

The living environment is pleasant.

Cyprus has high-quality water sources, air, and food, with a Mediterranean climate that is pleasant throughout the four seasons, enjoying over 300 days of sunshine, making it a world-class holiday destination. Immigrants to Cyprus not only obtain EU member state status but also enjoy the medical and educational benefits of EU member states. Therefore, Cyprus is becoming an important destination for high-net-worth individuals to immigrate.

Conditions for applying for a Cyprus passport:

A. The main applicant must be over 18 years old.

B. No criminal record.

C. Invest in real estate of 2 million euros or more, which can be sold after 5 years for 1.5 million euros.

D. Donation of 200,000 euros.

E. Schengen visa.

F. Can invest 2 million euros in residential properties (one or multiple).

The investment period is 5 years (from the date of passport issuance), after which the property can be sold, but a residential property worth 500,000 euros must be retained, or an investment of 2.5 million euros can be made (2 million euros in commercial property + 500,000 euros in residential property).

The investment period is 5 years (from the date of passport issuance), after which the property can be sold, but a residential property worth 500,000 euros must be retained.

Accompanying persons:

A. Spouse/children under 28 years old who are full-time students.

B. Both the main applicant and the spouse's parents can apply for a passport, with an additional investment of 500,000 euros required for each set of parents (no age limit for parents).

C. The main applicant's parents can apply for permanent residency (F-type permanent residency) without needing to increase the investment amount (no age limit for parents, longer approval period).

D. The spouse's parents can apply for permanent residency (F-type permanent residency) without needing to increase the investment amount (no age limit for parents, longer approval period).