An important hub in the heart of the Mediterranean at the crossroads of Europe, Africa and Asia, Cyprus is diverse, culturally rich and perfectly placed for working and traveling within and beyond the European Union. The economy is rapidly recovering from a recent recession through significant activity in the shipping, tourism, legal and financial services sectors, and has also seen a surge in foreign investments and developments, and property and investment values.
Cyprus boasts a rich and diverse culture, mild Mediterranean climate, and a safe and stable setting ideal for raising families. Investors also look at Cyprus for business and investment purposes, recognizing numerous investment opportunities. The benefits of the Cyprus program are plenty:
Offered in accordance with the Civil Registry Laws 2002-2013, the Naturalization of Investors by Exception Scheme is one of the fastest to lead to residence and citizenship in Europe.
To qualify for citizenship, applicants must fulfill one of the investment options below and hold it for three years in addition to meeting the following criteria:
Applicants may invest at least €2 million in the purchase or construction of buildings, land development projects (residential or commercial) or infrastructure projects.
Applicants may invest at least €2 million in the purchase, creation or participation in businesses or companies based and operating in the Republic of Cyprus. These businesses or companies must have a tangible presence in Cyprus and employ at least five Cypriot citizens or European citizens.
Applicants may invest at least €2 million in the financial assets of Cypriot companies or Cypriot organizations. This includes bonds, securities and debentures registered and issued in the Republic of Cyprus. Investors must maintain the purchased assets for a period of three years.
Applicants may invest in a combination of the above options. The combination of investments must total at least €2 million.
Updated yearly, the Arton Index is an overall assessment and comparative benchmark of the country and its investment program.
Population Growth: 1.38%
GDP (per capita)
GDP (purchasing power parity)
29.26 billion USD
Visa free countries
Middle East, island in the Mediterranean Sea, south of Turkey
9,251 sq. km.
0-14: 15.58%, 15-24: 14.37%, 25-54: 46.99%, 55-64: 11.26%, 65+: 11.8%
Greek (official): 80.9%, Turkish (official): 0.2%, English: 4.1%, Romanian: 2.9%, Russian: 2.5%, Bulgarian: 2.2%, Arabic: 1.2%, Filipino: 1.1%, Other: 4.3%, Unspecified: 0.6%
Orthodox Christian: 89.1%, Roman Catholic: 2.9%, Protestant/Anglican: 2%, Muslim: 1.8%, Buddhist: 1%, Other (includes Maronite, Armenian Church, Hindu): 1.4%, Unknown: 1.1%, None/Atheist: 0.6%
Republic of Cyprus: presidential democracy
1 USD = 0.9214 EUR