Ask A Question  | Learn more about Cyprus

What is the likelihood of the Cyprus Citizenship program coming back?

I heard talks that the program will be revised with stricter requirements that will come back next year, at a higher cost. How likely will it be reactivated?


Answers
  • Costas Indianos & CO – Advocates & Legal Consultants
    November 06, 2020

    It is very unlikely that the CIP will return as such. A future reactivation is possible with, of course, stricter criteria, but I don't see any new schemes before 2023.

  • CA Advocates (Pourgoura & Aspri LLC)
    November 06, 2020

    The Cyprus government has not announced yet if there will be a new program and if so, what will be the conditions.

  • Kannava, Kitromilidou & Co LLC (KPK Legal)
    November 06, 2020

    We do not know yet when it will come back and what the new requirements will be.

  • CHRISO SAVVA LLC
    November 06, 2020

    No formal announcements have been made.