If you have €2 million to invest you can easily obtain a Cypriot Passport and in turn become a citizen of the European Union. The investment program initiated by the Cypriot Government offers unique advantages for those who want to invest in Cyprus and you could get your initial investment back in just three years. There are no language requirements and dual citizenship is permitted. Prior to naturalization, the applicant must possess a residency permit in the Republic of Cyprus for a period of at least six months. With a Cypriot passport you will have full EU rights which include work, study and travel as well as the freedom to reside in any European Union country. You will automatically have free Visa travel to 156 countries worldwide. Citizenship is granted to your whole family who would also have inheritance rights. Once the criteria are met it takes up to 6 months for approval.