Ten of the world’s most popular investor immigration schemes
By International Adviser, 17 Nov 15
With investor immigration programs rapidly rising in popularity around the world, the Global Investor Immigration Council publishes its latest report giving an overview of a number of investor visa schemes.
In 2011, Cyprus introduced Criteria and Conditions for Naturalization of Foreign Investors to allow citizenship by investment. Initially, investments of at least €25m were required.
The program was amended in 2013 and again in 2014 to reduce the minimum investment requirements.
Current applicants can chose from one of the following seven investment routes:
- Purchase at least €5m in state bonds.
- Invest at least €5m in financial assets of Cypriot companies.
- Invest at least €5m in real estate, land development or infrastructure projects.
- Make an investment of at least €5m in purchase or participation of a business in Cyprus.
- Make a fixed deposit of at least €5m, held for three years, in a Cypriot bank.
- A combination of criteria 1 to 5 amounting to at least €5m.
- Invest at least €2.5m in a special collective scheme.
Applicants are also required to have a clear criminal record and hold a permanent privately-owned residence in Cyprus, purchased for at least €500,000.
Tags: Visa
