Cyprus's immigration policy and legal framework enable EU and non-EU applicants to obtain Cypriot citizenship on an expedited basis. The government has formulated a fast-track citizenship scheme aimed at high-net-worth individuals, investors and entrepreneurs. This allows successful applicants and their families to hold a Cypriot passport and enjoy all of the benefits afforded to Cyprus and EU nationals.
The Cyprus Citizenship by Investment programme is considered among the world's most successful immigrant investor programmes, offering high-net-worth individuals and their families the fastest route to EU citizenship. The government is expected to announce new measures shortly by means of a regulation committee, which will oversee and vet real estate developers and other immigration service providers in order to ensure that all parties concerned adhere to a code of conduct.