CITIZENSHIP & PERMANENT RESIDENCE INVESTMENT PROGRAMS
BPP Brokers offers investment packages to clients that either want to acquire Citizenship or Permanent Residence in the Republic of Cyprus. All Real Estate investments can be tailored to our client request and needs with the objective of maximizing the profitability of their investment.
BENEFITS OF EU/CYPRIOT PASSPORT
CITIZENSHIP INVESTMENT PROGRAM
Acquire an EU passport and receive a full Cyprus nationality through the Citizenship investment program.
In addition the applicant must:
Donate at least €75, 000 to the Research and Innovation Foundation. This requirement is waived if applicant has invested in innovative/social enterprise or the purchase of Cypriot companies
Donate at least €75.000 to the Cyprus Land Development Corporation for the financing of housing schemes for affordable housing, but also for the materialization of other housing schemes/measures. This condition cannot be waived
Important Note: Both of the above two options, any additional amount donated is used to supplement the total amount of the investment made on the basis of the criteria EUR 2 million investment in property, business, funds.
Hold a valid Schengen visa.
Third-Country nationals that do not require an entry visa for traveling in European Union member-states, as well as citizens of European Union Member States are excluded from this obligation
Applicants must compulsarily own permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500.000, + V.A.T
Present a Certificate of Clean Criminal Record from the country of origin and the country of residence and provide a Due Diligence Report issued through an internationally accepted database ensured through a subscription (e.g. WolrdCheck, LexisNexis Diligence, Regulatory DataCorp Inc. etc.). The report must be dated no later than thirty days from the date of its submission.
Although government bonds or securities removed, the purchase of financial assets of Cypriot companies or organizations of at least €2 million, such as bonds, bills and securities, issued with the approval of the CySec.
Important Note: Purchase by an AIF or RAIF of units of other AIFs or RAIFs is not considered eligible.
The Ministry has created a specific page dedicated for Cyprus investment program effective from 15 May. The website is available here
PERMANENT RESIDENCE PROGRAM
Obtain the right to live in Cyprus permanently, by purchasing real estate assets.