Cyprus has an official direct citizenship-by-investment program to ultra high net worth individuals who invest large sum of money in the economy of the country. You get direct passport and cypriot citizenship if you invest over € 3 million in the country in the form of business investment. With cyprus passport, you can travel and do business in EU without any restrictions.
Cyprus Citizenship and Passport
The minimum investment needed are..
€ 2 million in real estate
€ 5 million in bonds or bank deposit for a 5 year fixed period. No residency requirements. EU citizenship for family and children within 3-5 months.
Note: We only recommend real estate route. We do not recommend clients bank deposit route, because of the bailout crisis in cyprus bank deposits are not safe.