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CYPRUS CITIZENSHIP EXPLAINED CITIZENSHIP PARTNERS 85 Great Portland Street Westminster London, Great Britian Tel: +44.203.051.3024 www.citizenshippartners.com/cyprus

CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

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Page 1: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

C Y P R U S C I T I Z E N S H I PE X P L A I N E D

C I T I Z E N S H I P PA R T N E R S

85 Great Portland StreetWestminster

London, Great Britian

Tel: +44.203.051.3024

www.citizenshippartners.com/cyprus

Page 2: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

Citizenship Partners is a government authorised boutique

firm of experienced alternative citizenship advisors &

lawyers that focus exclusively on European fast track citi-

zenships for succesfull individuals and families around the

world.

Headquartered in London but with over 15 years experience

in the GCC and Asean regions Citizenship Partners are the

ideal discreet partner on your journey to a new alternative

citizenship.

We offer our clients complete peace of mind, personal and

confidential service and guarantee your citizenship sucess,

if not we promise to refund all our professional fees.

Wayne Hempson-Putt

Managing Partner

WhatsApp +971504569739

A B O U T U S

T A B L E O FC O N T E N T S

01

03

05

02

04

06

Cyprus - Key BenefitsWe explain the key benefits and the

financial requirements

Economy & Real Estate Key Industries and economic trends are

examined as well detailed summaries of

the real estate market in Cyprus

DocumentationThe Application process is expalined as

well as the complete list of documents

needed for the application.

Financial RequirementsA minimum of 2 Million Euro invested in to

property for 36 months only.

All family included*

Escorted Property TourHow it works, how we plan it togther and

what to expect. Flights, Hotels & Properties

all explained.

Getting startedWe outline the next steps in moving forward

with Citizenship Partners.

Page 3: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

L I M A S S O LP A F O S

A Y I A N A P A

N I C O S I A

L A R N A C A

Limassol is the commercial

capital of Cyprus and its most

prosperous. Real Estate is at a

premium and the city is highly

popular with both Russians and

Europeans. See New Casino

NEW CASINO RESORT 2021

Europe’s first intergrated

Casino resort has been ap-

proved and the £700M resort

will be located in the coastal

area of Zakaki, to the west of

Limassol.

Larnaca is a commercial

city and best known for

it’s International Airport

which serves travelers

from Asia, the Middle East

LUXURY MARINA PROJECTSCyprus is undergoing an exciting

transformation and this in no

small way can be attributed to

3 New Marinas in Limassol, Ayia

Napa and Pafos

171 VISA FREE COUNTRIES

29RIGHT TO LIVE,PLAY AND GROW YOUR BUSINESS IN 29 EUROPEAN COUNTRIES

109%INCREASE IN TOURIST ARRIVALS FROM 2016-2017

13%CAPITAL APPRE-CIATION P/A FOR OFF PLAN FRONT ROW PROPERTIES IN 2017

3RDFASTEST GROWING ECONOMY IN EUROPE IN 2017

C Y P R U SMuch more than just passage

to a EU Passport, Cyprus

itself is a potential investment

opportunity to consider for

the future and a country you

can be very proud to be a

citizen of.

Ayia Napa & Portaris are host some of

the best sandy beaches in Europe.

The new Ayia Napa Marina complex

is transforming the area in to what we

beileve will be a luxury play ground for

the rich and famous.

Larnaca International airport is only a 30

minute drive away.

PAFOS is the most westerly city

in Cyprus with a resident popula-

tion of approximately 50,000

which triples over the long summer

season with over 1.4 Million toursits

visiting the area.

It has it’s own international airport

which serves mostly Northern

Europe.

A new Marina development has just

been announced and we expect

construction to begin in 2020.

Nicosia is capital of Cyprus

and home to all government

departments and parliament.

NATURAL GASCyprus is set to join the ranks of Carbon

Energy exporters following ithe consider-

able Natural Gas reserves discovered in

it’s territorial waters.

Production is expected in 2021

Page 4: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

*

B Y I N V E S T M E N T , T H E L A W

Naturilisation of Investors by ExceptionPerhaps the most cost effective of all Citizenship by Inve-stemnt Programmes

Minimal Government fees +

100% Property Investment

= Citizenship efficeincy .

T H E I N V E S T M E N T & W H O I S I N C L U D E D ?

The Investment

• Euro 2,000,000 minimum into Property• Optional 500,000 investment• VAT (5%-19%)

• Property Conveyancing Fees (0.75%)

• Government Fees• Our Professional Fees (Refundable**)

**Citizenship Partners Professional Fees are fully

refundable in the event of citizenship rejection.

Who is or can be included?

• Main Applicant & Spouse• All dependent* children under 28 years• Future Children/Granchildren etc• Option to include Main applicant’s par-

ents for an additional 500,000 invest-ment.

*Dependent child is defined as being under 28 and

unmarried. There is an education criteria however

there is some flexibilty on this and we can assist.

The process for obtaining citizenship by investment in Cyprus is one of

the most straight forward in world and one of the fastest.

However, it hinges on the purchase of real estate of at least 2 million

Euros and this investment must be made before the application is

made for citizenship. Therefore where possible we will open an Escrow

or Lawyer account to recieve your monies for the property to ensure

a 100% refund if in the unlikrey event your application is unsuccessful,

thus reducing your risk entirely.

Biometrics must also be record in Cyprus before the application is sub-

mitted and we advice this is done during the Inspection tour of Cyprus

therefore saving you time and another visit to the island.

Page 5: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

E D U C A T I O N

When you and your children

become a Cypriot it means

you all also become European

Citizens with the right, if you

wish either immediately or in

the future to live, work in any

of the 28 European member

ccountries. You all also benefit

form visa free travel to more

than 145 countries worldwide.

Free Schooling & University

C Y P R U S P L U S H E A LT H C A R E

Until you have visited Cyprus it is al-

most impossible to explain why Cyprus

is so magical.

It may be the food, naturally organic

and grown in the rich solis of Cyprus

and bathed in beautiful sunlight most

of the year and everything seems to

taste of a time long gone eslewhere.

The people are charming, very polite

and multi-cultral - and our Arab clients

liken the poeple , culture and food to

that of the Levant which is only a 45

min flight away.

So much more than an EU Passport.

From it’s times as a British Colony and the British NHS , the

Cyprus Health Service draws many parrallels with the NHS

and the majority of healthcare is provided free of charge to

Cypriot citizens.

As a European citizen this also applies throuhout the Euro-

pean Union and the United Kingdom*

*until UK transition from the EU is complete in 2021

State Primary, Secoundary and Tertairay (University) is pro-

vided free to it’s citizens and generally of a high standard.

Cyprus also boasts excellent international campasses from

better known UK & US Universities. The Private School sector

is also there to cater for those who which to have smaller

classes sizes or coverage of spefic sylabus .

Page 6: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

1 7 1 Becoming Cypriot (a Cyprus citizen) and therefore by default Euro-

pean is only the begining of your family’s new adventure.

Beyond the freedoms of Europe you and your family will also immme-

diuatley benefit from visa free travel to over 145 countries around the

world and faster and hassle free applications to the USA , Russia and

China.

So it will soon be time to spin the globe and plan your next big family

adventure, thats if you can tear yourself away from yoor new luxury villa

or condo in Cyprus!

T I M E T O E X P L O R E : V I S A F R E E Bolivia Brazil British VirginIslands CanadaCayman Islands Columbia Costa Rica Curacao Chile Dominica Dominian Republic Dutch CaribbeanEquador El Salvador Falkland Islands French Guiana GreenlandGrennada Guadeloupe GuatemalaHaiti Honduras Jamaica Martinique Mexico Montserrat Nicaragua Panama Paraguay Peru St Barthelemy St Kitts & Nevis St Lucia St Maarten St Martin

AfricaBotswana Comoros Djibouti Egypt Gambia Kenya Lesotho Madagascar Mauritius Mayotte Morocco MozambiqueReunionBulgariaSt Helena Seychelles South Africa Swaziland Tanzania Togo Tunisia Uganda Zambia Zimbabwe

AmericasAnguillaAntigua &Barbuda Argentina Aruba Bahamas Barbados Belize Bermuda

St Pierre &Miquelon St Vincent Trinidad & Tobago Turks & Caicos Uruguay Venezuela

AsiaArmeniaBangladesh Bruneia Cambodia Darussalam Georgia Hong Kong Indonesia Iraq Israel JapanJordanKyrgyzstanLaosLebanonMacauMalaysiaMaldivesNepalOmanPhilippinesSingaporeSouth Korea Sri Lanka TaiwanTimor Leste

EuropeAlbaniaAndorraAustriaBelgiumBosnia &Herzegovina BulgariaCroatiaCzech Republic DenmarkEstoniaFaroe Islands Finland France Germany Greece Guernsey Hungary Iceland Ireland Isle Of Man Italy Jersey Lativa Liechtenstein Lithuania Luxembourg Macedonia Malta MoldovaMonacoMontenegroNetherlandsNorway

PolandPortugalRomaniaSan MarinoSerbiaSlovakiaSloveniaSpainSwedenSwitzerlandTurkeyUkraineUnited KingdomVatican City

OceaniaAustrailiaCook IslandsMicronesiaFijiFrench PolynesiaKiribatiMarshall IslandsNauruNew CaledoniaNew ZealandNiuePalauPapau New GuineaSamoTokelauTongaTuvaluVanuatuWallis & Futuna

C O U N T R I E S

Page 7: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

C Y P R U ST H E P R O C E S S

E X P L A I N E D

The process for obtaining citizenship by investment in Cyprus is one of

the most straight forward in world and one of the fastest.

However, it hinges on the purchase of real estate of at least 2 million

Euros and this investment must be made before the application is

made for citizenship. Therefore where possible we will open an Escrow

or Lawyer account to recieve your monies for the property to ensure a

100% refund if in the unlikrey event your application for PR / Citizenship

is unsuccessful, thus reducing your risk entirely.

Biometrics must also be record in Cyprus before the application is sub-

mitted and we advice this is done during the Inspection tour of Cyprus

therefore saving you time and another visit to the island.

T H E P R O C E S S - T I M E 6 - 7 M O N T H S

We will work closely with you to advice

on the best programme for you and / or

your fsmily,. Once you have decided on

Cyprus and retained our serrvices we

are ready to start planning and collect-

ing documents for the application.

Following your appointment for Bio-

metrics and after the reciept of the

investment monies into the approved

account your Permenent Residency

Cards will be issued within 7 days and

either couriered to you or delivered in

person where possible. These cards al-

low you permenant access to Cyprus.

We usually advise planning the tour ap-

proximately 3 weeks ahead to allow for a

well designed real estate programme to

be planned and also importnatly for ap-

pointments to made with Government

for Biometric readings to be taken..

Approximately 12 weeks later and fol-

lowing du-diligence and background

checks your application for citizenship

will be approved and Certificates of

Naturlisation will be issued.

The 3 -5 day tour will allow you if you

wish to slect the most suitable prop-

erty for your needs and to sign a res-

ervation aggreement to hold the prop-

erty. Following meeting with Cypriot

lawyers we will also attend the Courts

and record Biometrics.

Exactly 6 months from the day that your

biometric PR cards were issued your

passport approval will be authorised

and your new Cypriot passports will be

ready for collection in Cyprus. You must

attend in person.

Citizenshipn Consultation

PR Card Issuance

Plan Inspection Tour

Citizenship Approval

Inspection Tour

Passports Issued

Page 8: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

E S C O R T E D R E A L E S T A T E T O U RAt Citizenship Partners we understand that the idea of buying a prop-

erty in a new country can be daunting particularly when the investment

is considerable.

This is why we have developed over many years a 3-5 day tour to en-

sure our clients recieve the best advice and make the best investment

decisions.

• Business Class flights to anf from Cyprus for the Main Applicant

• 5 Star Accomadation throughout

• Fully Escorted Tour by a Partner from Citizenship Parnters

• Consultation from leading global accountancy Firm

• A bespoke tour of handpick properties and developments

• Bank Account opening

• Biometrics for PR and Naturliastion purposes

V I S A SR E Q U I R E M E N T S

T O V I S I T C Y P R U S

If you already have a valid ‘Schengen Visa’ then we can

iimediately schedule your tour and work with you to be-

spoke the properties you will evaluate for investment.

If you do not have a valid Schengen we will arrange easily

for a Cyprus Visa and issue an invitation letter for you. De-

pending on where you reside the visa applaction process

can take from between 3 -10 days.

Documents required for Visa Application:

• Valid Passport with at the 6 months valididty

• Bank Statements

• Natioanl ID

• Company Ownership details or Employer’s Letter

• Income or Salary certificate

Page 9: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

C H O O S I N G P R O P E R T Y

Despite being an island sea-front

or beach-side real estate op-

portunities are rare and remain

in constant demand from both

traditional markets such as UK,

Nordic nations and Russia.

The British Armed Forces retain

a signicant portion of coastal Cy-

prus reducing suppy even more.

O U R A DV I C E B A S E D O N O U R

Y E A R S O F E X P E R I E N C E O F T H E

C Y P R I OT R E A L E S TAT E M A R K E T

It is worth mentioning immediately that when it

comes to Cyprus real estate (and all real estate)

it is simply LOCATION, LOCATION & LOCATION.

Property prices on the sea (front line) are as

excpected at a considerable premium and ex-

pect prices more akin to London, Barcelona and

Dubai especially in Limassol.

Price per square metre/ft should not be your

main concern but the potential for capital ap-

precation, rental yield and your exit after 3 years.

Title DeedsTitle and Land registry is based on Eng-

lish law and procedures, however it is

not currently as efficient and can take

some time to be assigned. Our lawyers

can advice and ensure your security.

Pure Investment versus Holiday Home ?Most of our clients are very clear that the purchase to

qualify for citizenship will be a pure investment. How-

ever, this often changes after their escorted property

tour, as they often fall in love with Cyprus.

Escrow AccountsIf our clients wish we can

arrange funds to be trans-

ferred to an Escrow account

or a Lawyer joint signatory

account until your approval

for Permenent Residence

status.

Page 10: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

K E Y R E A L E S T A T EC I T I E S

For a relatively small island there is considerable diver-sity from a real estate perspective and we urge all cli-ents not to just visit Limassol but to also discover Pafos, Portaris and Agia Napa as each have amazing locations and therefore oppourtunites to buy a property either for investment only or for a holiday home should you wish.

LimassolVibrant, cosmopolitain and busy

all year! It is the property hot spot

and demand for premier properties

remains high. Very popular with

Russian buyers.

PafosWith it’s own airport serving the

UK and Europe and a beautiful

coastline Pafos presents excellent

oppourtunities for our clients.

NicosiaNicosia is not a city we would

recommend as it is land locked and

really only the centre for govern-

ment offices.

Agia Napa / PortarisKnown for some of the best beach-

es in Europe this area is seeing an

exciting upscale transformation and

we believe this is an ideal time to

invest.

Page 11: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

T H E M A R I N A E F F E C T

C Y P R U S R E I M A G I N E DM A J O R M A R I N A P R O J E C T S

01 / Limassol Marina - 300 BerthsA beautiful combination of luxury villas, apartments

and berthing located near to Limassol Old Town.

Project is deleiverd and surronding areas also ben-

efit from greater capital appreciation.

02 / Ayia Napa Marina - 600 BerthsAyia Napa and Portaris host some of Europe best

powder beaches and now the rich and famous will

have the upscale marina playground to match.

Under-construction - delivery 2020

03 / Pafos Marina - 800 BerthsThis will be the largest Marina in Cyprus and it is also

to the closest to mainland Europe. The project is

fully approved and intially works will begin in 2019

and delivery in 2022.

in 2013 the newly elected Government of

Cyprus announced the approval of three

significant Yachting/ Marina developments in

Limassol, Ayia Napa and Pafos. Each designed

to regenerate the counrty and to lift the profile

of Cyprus to one if the most desired locations

in Europe

Page 12: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

When you and your children

become a Cypriot it means

you all also become European

Citizens with the right, if you

wish either immediately or in

the future to live, work in any

of the 28 European member

ccountries. You all also benefit

form visa free travel to more

than 171 countries worldwide.

L I M A S S O L ( L E M E S O S )

Still known to many as Limassol,

Lemesos is Cyprus’ most vibrant city.

Fringed on its eastern edge by modern

developments, the core is full of char-

acter. Wrapped around a castle, the

historic centre radiates out in a web of

lanes where old, shuttered houses and

modern boutiques lie cheek by jowl. It’s

an area buzzing with cafes, bars and

restaurants that are as popular with

locals as with visitors

This is Cyprus’ international business

centre and, there’s again a sense of

energy in the air. Its upscale marina has

introduced an atmosphere of glamour

and opulence, and grittier areas of

town are being tagged for a develpo-

ment and it is a must consideration for

any investment.

B E A C H F R O N T

Only via apartments!

A F F L U E N T S U B U R B S

If a Villa is in your sights than the hills of Limassol deliver not

only amzing views of the Limassol bay but also place you in

the ‘Hollywood’ of Cyprus and here you will find the elite of

Cyprus. Great schools, safe neighbourhoods and much bet-

ter value for money withou compromising on quality.

We recommend new build / off plan as you have the

abilty to tailor the design and build in all the privacy and

security(tech) features you wish for. Off plan also allows for

us to ‘escrow’ your funds until approval.

The Limassol beach front on the face of it has priced itsself

out of the market certainly if a villa/ private house is on your

radar as you can expect to pay upwards of 7M Euro for front

row.

Good news is that there are multiply luxury towers either

under construction or with building permits issued that will

offer front line views of the Limassol coastline.

Demand for built luxury property is driven by both Russsian

and northern European buyers and the new casino.

Page 13: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

A Y I A N A P A Rebirth of Agia Napa?

Endless blue-sky days and a coastline riddled with sandy pockets helped

transform the village of Agia Napa into the Mediterranean’s summer club-

bing capital in the 1990s. Hundreds of clubs and bars set up shop to cater for

fun-seeking crowds flocking here between June and August and, a couple

of decades on, for young Europeans from London to Moscow, is still where

the party is at. However In recent years the municipality has pushed towards

increasing family-oriented tourism and a ‘New Napa’ is emerging on the east

of the city.

Upscale Lxury Marinas, 5star Hotel Resort and luxury beach villa gated com-

munities are now redefinning Napa and we believe this to be the greatest real

estate oppourtunity in Cyprus currently.

Perhaps the most cost effective of all Citizenship by Inve-stemnt Programmes

Minimal Government fees +

100% Property Investment

= Citizenship efficeincy .

P R O T A R A S

Only 10 minutes around Cap Greco

from Agia Napa is the town of Protaras

Popular with British, Russian and Eu-

ropean famileis it is the perfect easy

going beach holiday and could be an

ideal rental income oportunity.

Fig Tree Bay is the centre of all the

beach action, but the entire shore front

has been beautifully manicured with a

wide seaside pedestrian promenade

that wriggles its way up the coast, past

hotel lawns and patches of golden

sand, all the way to Pernera.

The town unashamedly caters to the

tourist crowd, During summer the

beaches pack out and the promenade

bustles with strollers and joggers.

In early November many hotels and

restaurants shut up shop and Protaras

presses snooze, rolls over and goes

back to sleep until April.

Page 14: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

P A F O S

Ktima, the old centre of Pafos, is overall a calmer place, where locals

go about their daily life as they have for decades. Its neighbour-

hoods are culturally rich, with handsome colonial buildings that

house government institutions and many of the town’s museums.

Kato Pafos is geared towards tourists, with bars and souvenir

shops lining the palm-fringed seafront. Dive into the backstreets to

discover historic gems such as medieval baths, catacombs and a

simple fishermen’s church. But the grand-slam sight is one of the

South’s richest archaeological locales, the Pafos Archaeological

Site, just one reason the city was awarded joint European Capital of

Culture in 2017. Standing here, surrounded by acres of history and

fields of wild flowers, feels a world away from the busy resort just

beyond the entrance.

N A T I O N A L P A R K & I N T E R A N A T I O N A LA I R P O R T

Real Estate opportunites in Pafos are on the outskirts

of the town and we recommend only front row prop-

erties or luxury gated communities as the market

for 2nd row and beyond is in over supply in the Pafos

region.

Pafos has its own airport with direct flights to London

and Europe and borders The Akamas National Park.

Akarmas has an area coverage of 230 square kilome-

tres containing valleys, gorges and wide sandy bays.

The wildlife diversity is crucial for the ecology in the

Mediterranean. In this spectacular environment there

are 168 varieties of birds, 20 different reptiles, 16

species of butterfly and 12 different mammals not to

mention its very rich variety of fauna.

The village of Peyia which borders the park has some

of the island best real estate which will include on our

tour.

Page 15: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

N E X T S T E P S

1. Arrnage a confidential consultation..

2. Retain Citizenship Partners to act as your

representives

3. Schedule your Escorted Cyprus Tour

4. Citizenshiip Partners assist in Visa Process

5. Collate nessecary documentation for visa.

H OW D O W E G E T S TA R T E D?

Book a consultation with our Managing Partner,

Mr. Hempson-Putt who will guide your through the

process and answer any questions you have in

detail.

Mr Hempson-Putt has over 20 years of Citizenship

& Advisory experince working confidentialy with

highly succesful individauls and family dynsaties

across the GCC, Asia and Europe.

He is based out of our London office, however he

can if your prefer meet with you face to face in

your preferred country. Otherwise we can arrrange

a video-conference at a time to suit you.

We will also expalin our 100% Citizenship Guaran-

tee.

Your Legacy begins here

“this isnt just about you or your children, this is for your grandchildren and genera-tions to follow”

Most of our clients are very clear that the pur-

chase to qualify for citizenship will be a pure

investment. However, this often changes after

their escorted property tour, as they often fall in

love with Cyprus.

Our 100% Citizenship Guarantee

Cyprus has the highest success rate of all European pro-

grammes due to its partnership with pre-screen firms such

as Citizenship Partners and others.

Your Legacy begins heredolo con prepudi occae

cusa dolest, conserem

Page 16: CYPRUS CITIZENSHIP EXPLAINED...EDUCATION When you and your children become a Cypriot it means you all also become European Citizens with the right, if you wish either immediately or

Registered Address85 Great Portland St,

Westminster, London

C I T I Z E N S H I P PA R T N E R S

Head Office - LondonTelephone +44.203.051.3024

[email protected]

www.citizenshippartners.com/cyprus

Middle East - UAEWhatsApp: +971.50.4569739