Cyprus Investment Programme
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 Ministersestablished the "Cyprus Investment Programme".
On the 13.2.2019 the Council of Ministers purposing, 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”. According to the relevant decision of the Council of Ministers the revised “Programme”is put into effect from the date of its publication in the Government Gazette – i.e. the 26th of February 2019 – with the exception of certain clauses which the decision specifies that will be put into effect from the 15th of May 2019.
Below you may find information on the clauses of the “Programme” that have immediate effect, as well as all the provisions of the “Cyprus Investment Programme” that will be in force between the 26th of February 2019 and the 14th of May 2019.
These information covers application procedures on the basis of the “Programme”, the requested documents and the processing of the application. The informationis in Greek and English for both the investor and his or her family members.Should there be any discrepancies in the Englishtranslation of the text compared to the original Greek text, the Greek text shall prevail.
Information on the clauses of the “Programme” that will be put into effect from the 15th of May 2019 and onwards, as well as on all the provisions of the “Cyprus Investment Programme” that will be in force from the 15th of May 2019 and onwards can be located by following the link “Cyprus Investment Programme – 15 May 2019” above.
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 conditionsand 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.
Investors' Family Members