CYPRUS CITIZENSHIP BY INVESTORS PROGRAM 2016
A non-Cypriot citizen, who meets one of the following economic criteria (A), either
personally or through a company/ companies in which he or she participates as a
shareholder (proportionally based on the percentage of participation), or even as a
high-ranking senior manager of a company that meets one of the economic criteria
(A) or a combination of them, may apply for the acquisition of the Cypriot citizenship
through Naturalisation by exception.
Any applicant should have concluded the necessary investments during the three (3)
years preceding the date of the application and must retain the said investments for
a period of at least three (3) years since the date of the Naturalisation.
A high-ranking senior manager may also apply, provided that he or she receives such
a remuneration that generates for the Republic a tax revenue of at least €100,000
for a three year period and provided that this tax has already been paid or prepaid.
In addition, the applicant must fulfil the Terms and Conditions set out in Part B.
In the case where, following a periodic inspection, it has been ascertained that any
condition is broken, the Naturalisation may be revoked.