|
The Cyprus Republic has a number of incentives in attracting foreign direct investments in Cyprus in order to stimulus further economic growth. One of the incentives is the Cyprus Investment Programme, which aims to attract non Cypriot High Net worth physical or legal persons who invest a minimum of 2.15 million Euros in Cyprus among other requirements and acquire the Cyprus Citizenship. Obtaining the Cyprus Citizenship and passport provides full European Union, freedom to travel, live and work in any EU country. According to the existing law which regulates the Cyprus investment Program an applicant for the Cyprus Passport should fulfill among other requirements the following requirements. 1. Donation of 75.000 Euros to the Cyprus Research and Innovation Fund or another certified innovation enterprise. 2. Donation of 75,000 Euros to the Cyprus Land Development Corporation. 3. Investment in Residential Real Estate of at least 2 million Euros for the purchase or construction of real estate. The investment must include a residential unit of at least 500.000 Euros which will keep as his main residence in Cyprus. Also there are other investment options such as an investment in companies or alternative funds or a combination of the above. Livadiotis Group has the expertise and properties to help any person interested to acquire the Cyprus citizenship and get the access to the European Union. Please contact us at |