Since March 2014, the Cypriot government has been allowing non-Europeans to invest in the economy of the island in order for them to obtain a Cypriot and therefore European citizenship. The list of requirements for obtaining the citizenship can be seen below.
Requirements
Option 1:
Direct investment of € 2.000.000 + VAT in residential properties given that one of them will cost at least € 500.000 + VAT.
Option 2:
Direct investment of € 2.000.000 + VAT in commercial properties or a combination of commercial and Residential properties + Residential unit of at least € 500.000 + VAT.