+1-800-997-1228
Questions & Answers

Once citizenship is granted under the Cypriot Investment Program, how can I maintain it?

I expect to apply in early 2018 and hopefully will soon have citizenship in Cyprus. Once I obtain it, what do I need to do to keep it?

Answers

  • Avatar

    Marianna Pavlides

    Cyprus Law Firm
    Answered on

    In order to maintain your Cyprus Citizenship, which was granted by Cyprus Citizenship by Investment, you must maintain an investment for 3 years and maintain a residential property for life. Council of Ministers has the right to review the applications of any investor at any time they consider it necessary.

  • Avatar

    Yiannis Fanides

    Cyprus Law Firm
    Answered on

    The applicant can maintain his Cyprus passport given that he keeps his investment for the period of 3 years and, when the 3 years expires, he has to maintain a residential property of a minimum value €500.000 for a lifetime. There is no residency requirement.

  • Avatar

    Savvas Poyiadjis

    Cyprus Certified Public Accountant
    Answered on

    Once obtained, Cyprus citizenship can be passed on by descent. In order to maintain it, you need to hold the EUR 2 million investment for a period of 3 years and an EUR 500.000 residential property for life.

Add your comment

Use a Facebook account to add a comment, subject to Facebook's Terms of Service and Privacy Policy. Your Facebook name, photo & other personal information you make public on Facebook will appear with your comment.