In light of the global recession and ever changing fiscal and monetary policies that impact investments, there has been an increased interest by foreign investors in relocating their funds and families to a jurisdiction that offers stability and security. Certain changes to the Cypriot immigration policy and legal framework now enable non-EU applicants to obtain Cypriot citizenship on an expedited basis.
With the purchase of properties, worth €2 million to €5 million (depending on the way the money is invested), non-EU citizens are eligible to apply for a Cypriot Passport / Citizenship granting them:
- Freedom to live, travel, invest, work, study and buy property anywhere in the EU.
- Benefit from the legal rights and privileges of natural born EU citizens, such as health, education and vote in European elections.
- Once the citizenship is obtained, eligibility is then passed onto the applicants’ children and their descendants.
Vassos Markides Estates can assist you with fast-tracking all applications required to obtain citizenship and ensure that your investment is protected and secure.