What are the benefits of Cyprus Citizenship?

Possession of Cyprus citizenship offers a host of incomparable benefits that have no parallel in any other similar citizenship program of any other country.

First and foremost Cyprus is a member of the European Union. Thus Cypriot citizenship is in essence European citizenship with all the associated benefits this entails.

We outline the key advantages below:

Fast track. The procedure is completed in maximum 6 months.

Permanent residence. From the date an application is filed the applicant immediately acquires permanent residence.

Dual citizenship is allowed. So there is no need to give up your current nationality.

No residence requirement. You do not need to reside in Cyprus prior to applying for citizenship.

Dependants get citizenship. Spouse and dependants below 28 years of age will also get citizenship.

No language requirement. You do not need to speak any of the official languages of Cyprus to get citizenship.

Visa free travel nearly everywhere. You can travel without a visa to at least 167 countries including the 28 EU countries.

Favourable tax system. No foreign income tax, no inheritance tax, no withholding tax on interest earned and lowest taxation rates in Europe for residents.

If you wish to apply for Cypriot citizenship our law firm can help you. Please contact us for further information.

Click here for more articles on the matter.

What are the benefits of Cyprus Citizenship? by
Christophoros Christophi
About the Author
Christophoros Christophi

Lawyer and Managing Partner of Christophi & Associates LLC, Lecturer (Company Law) at the European University of Nicosia.
You can connect with him on LinkedIn and
Google+

Speak Your Mind

*