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THE FASTEST AND EASIEST WAY TO GET RESIDENCY PERMIT
CYPRUS PERMANENT RESIDENCY:
- Applicants can secure permanent residency in Cyprus through investment in real estate.
- The program is one of the fastest and simplest investor visa programs in Europe.
- It requires investment of just €300,000 into property to gain the Cyprus residency permit.
- The residency visa is granted within two months and covers the whole family.
- It includes parents of both the main applicant and spouse plus dependent children up to the age of 25.
- It is valid for life and can be passed down to dependents and spouse.
- The permanent residency program offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years.
- The investment may be made by a company for which the main applicant and spouse are beneficial owners.
- The investment can be in to a maximum of two properties provided they reach the €300,000 permanent residency limit.
- The properties purchased must be brand new.
- Residency applicants can apply with ease for a Schengen visa to travel throughout Europe.
WHY CYPRUS:
- Cyprus has a very favorable tax regime for individuals and companies.
- Over 80% of the country speaks English.
- Excellent education facilities including several UK universities with campuses on the island.
- Cyprus has the lowest crime rate in Europe and is the 5th safest country in the world.
- There is a high standard of educational institutions and healthcare facilities.
- Cyprus is strategically located at the crossroads of three continents, Europe, Asia and Africa.
- Cyprus is set to join the EU Schengen zone soon.
- Low property tax and there is reduced VAT on property of just 5% (subject to conditions).
- Has been nominated as one of the best 20 countries to live in the world.
- EU member since 2004.
ABOUT CYPRUS:
- Education: British Education
- Culture: Mixed culture (Greek, Turkish, Maronites, Armenians and Latins)
- Environment: Coastal
- Health Care: High quality health care (25th Worldwide)
- Taxation: Lowest in the EU
- Tourism: International destination for tourists
- Weather: Very nice Mediterranean weather
- Politics: Politically stable
- Schengen: No (Expected)
- Religion: Christian with Muslim Community
QUALIFICATION CRITERIA:
- It requires investment of just €300,000 into property to gain the Cyprus residency permit.
- Applicants will need a clean criminal record.
- There is no language requirement, medical test or interview.
- It is easy to apply and there is no requirement to stay in the country.
- Secured annual income from abroad and from sources other than employment in Cyprus.
- Funds transferred from abroad and deposited in a Cyprus bank in a three year fixed deposit account.
- The residence permit holder must visit Cyprus at least once every two years to maintain his/her status.