Cyprus Citizenship by Investment Program becomes more attractive

Cyprus Citizenship by Investment Program becomes more attractive

Cyprus Citizenship by Investment Program becomes more attractive

On 13 September 2016, the government of Cyprus a revised set of criteria for granting the Cypriot citizenship.

The investment is now reduced to €2 million, instead of previous €5 million, and it needs to be kept only for 3 years. Express procedure of 3 months is retained, no requirement to reside in Cyprus and citizenship is granted to the family and now the parents of the investor also.

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