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As a part of its policies aiming to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus the Council of Ministers established the “Cyprus Investment Programme”.
On the 13.2.2019 the Council of Ministers proposing, to ameliorate the “Cyprus Investment Programme”, introduced new criteria and terms based on which non–Cypriot entrepreneurs/ investors and members of their families may submit applications in accordance with the provisions of the “Programme”. Below you may find information on all the provisions of the “Cyprus Investment Programme”.
These information covers application procedures on the basis of the “Programme”, the requested documents and the processing of the application. The information is in Greek and English and concern both the investor and his or her family members. Should there be any discrepancies in the English translation of the text compared to the original Greek text, the Greek text shall prevail.
Finally, your attention is drawn to the fact that the Council of Ministers on the 9.1.2018 and 21.5.2018 decided the establishment of the Committee for Supervision and Control as well as of the “Registry of Service Providers for the Cyprus Investment Programme.” According to these resolutions from the 1.8.2018 and onwards applications will only be able to be submitted by Service Providers that are included in the «Registry» on the basis of an improved procedure. Information concerning the terms and conditions and the application for the inclusion in the “Registry” can be located on the website of the Committee for Supervision and Control and you may find its link above. Furthermore, it is noted that the “Registry” is posted on the website of the Committee for Supervision and Control.
Note: Our Law Firm can take on the entire process from the beginning until the end. It can also prepare various investment packages by choice of the customer of Residential, Commercial Real Estate, Shares, Government Bonds etc. All the above are summaries of procedures that are ultimately the ones that really concern the investor, since all the rest are taken over and settled by our Law Firm. Anyone who interested and without any absolute commitment can contact us through email email@example.com and phone number mentioned below.