Cyprus Citizenship Program
The Cyprus citizenship program offers the most simple and efficient means of obtaining EU citizenship. One of the ultimate purposes of the economic policy of the Republic of Cyprus is to further encourage Foreign Direct Investments and to attract high net worth individuals to settle and establish their business in Cyprus. A number of key factors that make Cyprus an attractive destination for investment, is the highly specialized human capital, the reliable legislative and regulatory framework, the stable tax system and the safety and stability conditions prevailing in the country.
EU Citizenship by Investment in Prospergate Funds Ltd – Diamond Sub Fund
Prospergate Funds Ltd – Diamond Sub Fund is eligible to provide investors the opportunity to join the Scheme for Naturalization of Investors in Cyprus by exception (on the basis of subsection (2) of section 111A of the Civil Register Laws of 2002-2015) in order to obtain a Cypriot Citizenship
Eligible for Naturalization
Investors in Prospergate Funds Ltd – Diamond (CY Properties) Sub Fund will be considered eligible for Naturalization (acquisition of a Cypriot citizenship by a non-Cypriot national pursuant to the provisions of the Naturalization Scheme). According to the provisions of the Naturalization Scheme the Investor must retain the Naturalization Invested Capital of at least 2 million EUR in Prospergate Funds Ltd – Diamond (CY Properties) Sub Fund and hold the investment for a period of at least three years as from the date of the Naturalization. Compliance by each investor is made with the provisions and obligations set out in the Naturalization scheme.
Prospergate Funds – Diamond Sub fund’s ultimate investment objective
Prospergate Funds – Diamond Sub fund’s ultimate investment objective is to explore the real estate opportunities within the Cypriot market. The fund’s strategy has been construed in such a way that will enable its investors to seize high return opportunities with as much elimination of risks exposure as possible. This will be mainly implemented through a diversification strategy, governing the different regions of the republic where the fund invests in along with the type of the investment opportunities that each region may offer.