The IRINIKO Group, based in Paphos, is your personal advisor for choosing your dream home in Cyprus. We help you combine selecting a wonderful home on our all-year-round sunny island together with obtaining citizenship for you, your children and your parents.
Working as a boutique service and consulting group, we have all kinds of properties and land for building available throughout Cyprus. If you know the country well, just let us know your area of interest. New to Cyprus? Let us show you the country and find a property suited to your precise needs.
We help you by using our long-time connections with developers and banks in Cyprus to save you time and money by showing you how to get over these hurdles.
Our number one aim is providing the best possible service to our customers. We specialize in providing clients with a personalized boutique service. We don't treat all clients in the same way because we know there are many different needs and requirements. We know that you will have many questions – and we are here to answer them honestly and with total transparency.
We are not just another broker or developer – we are here to help you every step of the way. Using our expertise and experience, you can trust us to be with you during the whole process.
Just contact us and we will arrange a meeting to discuss your specific needs and provide guidance.
And when you receive the key to your property and citizenship of our wonderful island, we will be on hand to congratulate you!
EU Citizenship - apartment in Cyprus
Choose from a wide range of apartments. Whether you are looking for a 3, 4 or 5 bedroom apartment, we can meet your requirements.
How investors can receive citizenship in Cyprus The Cyprus (EU) Citizenship by investment program is not a residence permit or a visa but full citizenship of this EU-member state. It requires €2 million to be invested in Cyprus for a period of three years, and citizenship is approved in just six months. There have already been 3 billion euros of direct investments in Cyprus via this program. What are the advantages? It's relatively easy to receive citizenship if you are an investor. The Cypriot passport is a full EU passport which allows the investor and his family can to live, work, study, and carry out business in any of the EU-member states as well as in Switzerland, Liechtenstein, Norway and Iceland. Cypriot passport holders can travel visa-free to 157 countries around the world. Dual-citizenship is permitted. Cypriot citizenship is not reported to other countries. Passports are also issued to the investor’s spouse as well as all financially dependent children (up to 28 years of age). The following generations of investors retain their EU citizenship. Parents of an investor can apply for citizenship as long as they are owners of a permanent home in Cyprus worth at least €500,000. There is an express passport process – requiring 3 months for approval, and a further 3 months to receive the passport.
Program that does not call for residing in Cyprus Here, there is a minimum investment needed of €2 million - all the figures in this section do not include VAT where VAT is indeed applicable. Investments must be retained for just 3 years, after which the asset can be sold. The law says that a property with a minimum value of €500,000 must be retained as a private residence. In any case, this private residence can be rented thus providing rental income for investors. No payment is needed to the government of Cyprus There is no requirement to pass a history and language proficiency test