Investment in Alternative Investment Funds (AIF) or financial assets of Cyprus businesses that are licensed by the Cyprus Securities and Exchange Commission may be an option.

In the case of AIFs the applicant must have bought units of a value of 2 million euro in AIFs regulated in Cyprus by the CySec and of which the investments are conducted in Cyprus. Such investments must be kept on for at least 5 years, the auditor of the AIFs that qualify the specific citizenship granting plan shall notify the Ministries of inferior and Finance every year.

When an applicant buys assets in Cypriot businesses or entities such an acquisition must be over 2000000 euro and it may include bonds that have been issued with the authorisation of the CySec, for companies with a substantial financial activity in Cyprus and which aim at the funding of investment purposes of those entities/businesses only in Cyprus, and on the basis of an investment project.

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