ARTICLE
24 September 2019

Cyprus Investment Programme And Permanent Residency

AK
A. Karitzis & Associates L.L.C

Contributor

A. KARITZIS & ASSOCIATES L.L.C (“AK”) was originally established in 2007 in the form of a sole proprietorship and in 2012 evolved to a Lawyers Limited Company. AK is a full-service, innovative and forward-thinking Law Firm headquartered in Limassol, the shipping and financial capital of Cyprus, with offices also in Athens, Greece, currently manned by a team of 20 members, including lawyers, other professionals and paralegal staff. It is composed by an experienced, diligent and dedicated team of dynamic professional lawyers, who deal with most of the areas of common-law based Cypriot Law in its adapted form after the accession of Cyprus to the European Union in 2004.
Attracting foreign direct investment is at the heart of Cyprus' development strategy.
Cyprus Government, Public Sector
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Attracting foreign direct investment is at the heart of Cyprus' development strategy. In line with this policy, the Cyprus government has introduced the Cyprus Investment Programme to enable foreign investors to obtain full Cypriot citizenship (EU-member state).

Cyprus has been a full member of the European Union since 2004 and adopted the euro as its currency in 2008. The small but dynamic country of Cyprus has a modern, free-market, service-based economy with an effective and transparent regulatory and legal framework, a highly competitive tax system bolstered by an extensive network of over 60 double tax treaties in force worldwide.

A business friendly environment and advanced infrastructure, combined with a high quality of life, allows investors and their families to enjoy the best of both worlds. Ease of doing business, safety, stability, year-round sunshine, beautiful beaches and mountain scenery, as well as an array of historical and cultural attractions, all combine to make Cyprus one of the most attractive destinations in the EU for both living and doing business.

This section provides information for nationals of countries that are not members of the EU. The programme requires the amount of €2 million to be invested in Cyprus for a minimum period of three years. The citizenship is granted within just three months. This programme has already attracted over €3 billion of direct investments into the economy of Cyprus.

Download our Brochure and find usefull information on the Cyprus Investment Programme and the Cyprus Permanent Residency Programme. 

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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ARTICLE
24 September 2019

Cyprus Investment Programme And Permanent Residency

Cyprus Government, Public Sector

Contributor

A. KARITZIS & ASSOCIATES L.L.C (“AK”) was originally established in 2007 in the form of a sole proprietorship and in 2012 evolved to a Lawyers Limited Company. AK is a full-service, innovative and forward-thinking Law Firm headquartered in Limassol, the shipping and financial capital of Cyprus, with offices also in Athens, Greece, currently manned by a team of 20 members, including lawyers, other professionals and paralegal staff. It is composed by an experienced, diligent and dedicated team of dynamic professional lawyers, who deal with most of the areas of common-law based Cypriot Law in its adapted form after the accession of Cyprus to the European Union in 2004.
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