Cyprus
Cyprus Investment Programme (CIP) — terminated
Established 2013. Regulated by Ministry of Interior, Cyprus (program closed).
- Min investment
- —
- Processing time
- —
- Physical presence
- —
- Interview
- —
- Language test
- —
- Dual citizenship
- Yes
- Visa-free destinations
- ~176
- Henley rank (2025)
- #14
Investment options
Real Estate
—PROGRAM CLOSED 1 NOVEMBER 2020. Historical minimum: EUR 2 million in real estate plus EUR 200,000 donation.
Additional fees
Program closed — no current fees.
Family inclusion
- Spouse: —
- Children under 18: —
Historical program — no longer accepting applications.
Tax implications
- Worldwide income taxed: No
- Tax residency required: No
Cyprus retains attractive tax regime including non-dom status (60-day rule). However CBI route to citizenship is closed.
Eligibility requirements
—
Recent changes
- 2020-11-01
Cyprus Investment Programme closed following an Al Jazeera 'Cyprus Papers' investigative report exposing serious due diligence failures and corruption. EU Commission infringement proceedings followed.
- 2021-2023
Audit and revocation proceedings initiated against ~200+ previously issued passports; some passports stripped.
Notes
Program officially closed November 2020. No replacement CBI exists. Cyprus continues to offer the Cyprus Permanent Residence Programme by Investment (EUR 300,000 real estate) — a residency route, NOT citizenship. Listed here for completeness and to flag the EU's broader anti-CBI trajectory.
EasyPassport is a document-organization tool focused on citizenship by descent. This page is reference research, not legal or financial advice. Always verify with the official program authority.