The Cyprus citizenship program offers the most simple and efficient means to obtaining European citizenship. All nationalities are eligible to apply and the requirements are minimal.
step 1 - Review & select real estate investment
Select property/ies (through visit to Cyprus or via correspondence). Sign purchase agreement and transfer funds to a secure account. Receipt issued by Pafilia, which is required for application.
step 2 - Preparation of citizenship application – the client will receive a detailed application package and document checklist.
Applicant must gather all necessary papers required for application (see application criteria). The documents must be officially translated into Greek or English and certified with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.
step 3 - Acquire pre-approval
The appointed lawyer completes a pre-clearance check
step 4 - Citizenship application submitted to Government
Payment of submission fee €2,000 per adult applicant. Application lodged, together with the property purchase agreement and all required documents, at the Ministry of Interior.
step 5 - Issue of Cypriot citizenship
Once ratified by the Council of Ministers, a citizenship certificate is issued. This Certificate must be signed by the applicant either in front of a Registrar of a Cypriot Court or a Consular at any Cypriot Consulate abroad within 3 months of receiving approval. In Cyprus the process, including collection of biometric ID cards, takes under 1 day, through an embassy the process takes up to 2 weeks.
step 6 - Naturalisation of children
Submit the applications of children to be naturalised. Applications of minor children are processed within 3 weeks; they can visit Cyprus anytime to collect their papers. Adult children’s applications are processed within 2 months and are subject to a submission fee of €2,000 and approval fee of €5,000. Adult children must visit Cyprus within 3 months to collect their passport and identity card.
In addition to making a real estate investment applicants must also meet the following
criteria / supply the following documents:
> Birth certificate
> Police clearance certificate from country of origin
> Marriage certificate (if applicable)
> Detailed biography
Submission fee €2,000 per adult, child €80
Approval fee €5,000 per adult
Vat may be reduced to 5% on the first property purchase (first 200m²)
Standard vat rate is 19%
Additional taxes and duties apply (approximately €3,000)
The program requires a real estate investment of €2.5M which can be made in a single luxury property or in a portfolio of properties. Pafilia has two highly differentiated luxurious flagship resorts in addition to an expansive portfolio of property types and styles across the island.