Confederation Partners is pleased to announce its new Cyprus Citizenship by Investment Fast Track Program. This program grants applicants Cyprus citizenship in approximately 90 days.
Cyprus has been a member of the European Union since 2004. It offers a high quality of life, including modern medical facilities, shopping, good infra-structure, natural beauty, a warm climate, and many English private schools and universities. The Cyprus Citizenship by Investment Program is known for its simplicity and the short time frame in which citizenship is issued.
To qualify, applicants must meet the following criteria:
- Possess a valid passport.
- Purchase a personal residence in Cyprus for minimum EUR 500,000 (plus applicable VAT).
- Hold a fixed term deposit, of minimum EUR 5,000,000, for 3 years in a Cyprus bank.
- Pass a security background check.
- Pay approximately EUR 90,000 in Processing fees and charges.
The advantages of this program are as follows:
- Each applicant, his/her spouse, and dependents, have the right to reside, work, and attend school throughout the European Union.
- Cyprus does not collect tax on worldwide income.
- No management experience requirement.
- No language requirement.
- No education requirement.
- Net worth and source of funds must be declared, but not proven in detail.
- Confederation provides convenient financing for the bank deposit.
Please Contact Us for more information on this program.