Criteria for the Cypriot Citizenship by Investment

       The Cyprus Government through the Ministry of Interior, has approved the revised criteria for granting the Cypriot citizenship by investment, in an effort to further promote foreign direct investments in Cyprus.

The applicant must have made an investment of €2, 0 million (excluding VAT) in any qualifying investment category or combination as described below (previously it was €5.0million if applied individually or €2.5 million if applied through a collective investment scheme).

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Tax news – 10th December 2015

Tax measures for a more competitive environment │Second set of draft tax laws voted into law

The much expected developments in taxation aim to modernize and further enhance the competitiveness of the Cyprus tax system. The second set of draft Bills submitted to the Cyprus Parliament is in addition to the amendments already voted into law in July 2015.

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