Mountain ranges dot the island from north to south while the coast is lined with beaches that annually draw millions of sun-seeking European tourists.
Following British annexation in 1914 the island gained independence in 1960, joined the EU in 2004 and the British Commonwealth in 1961. The Cyprus Citizenship by Investment Program offers the quickest and simplest route to EU citizenship.
All properties may be leased to third parties and as such become income-producing assets.
Parents of the principal applicant may also apply for citizenship once the principal applicant has obtained Cypriot citizenship but must maintain a permanent, privately-owned residence in The Republic of Cyprus with a minimum worth of EUR 500.000. The investor and his/ her parents may collectively acquire one residential property of a total value of at least EUR 1 million.