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Cyprus Citizenship And Passport Provider

€300,000
+ VAT

Cyprus investor permanent residency program | Cyprus Passpor

New
Real Estate

Cyprus Permanent Residency

Can Bring
Full Family

Cyprus Citizenship And Passport Provider

Flexible. Visit Once in 2 Years

Cyprus Permanent Residency

EU Passport
After 7 Years

Cyprus Citizenship And Passport Provider

12.5 %
Corporate Tax

Permanent Residency is aimed at investors who wish to live the life on the beautiful island of Cyprus blessed with 300 days of sunshine and great weather. A non EU investor is required to buy a brand new residential property for a minimum of €300,000 + VAT.

The permit is granted to the family including children less than 25 years old and is valid for 5 years and renewed thereafter. It’s a fairly quick process and PR can be achieved within 2-4 months for wntire family.

Cyprus Permanent Residency

INVESTMENTS REQUIRED

    • A minimum investment of €300,000 + VAT in a brand new (not resale) residential property, it is also possible to split and buy two properties to create rental income, like :
      1. Two houses or apartments, or
      2. A house and a shop (up to 100 m²), or
      3. A house and a office (up to 250 m²)

      But they all need to be brand new and from the same developer, above investment can be sold as long as it replaced with another property worth at least of €300,000 + VAT.

    • A fixed deposit in a Cypriot financial institution of €30,000 for a 3 year lock-in period.
    • To be able to show a minimum annual income of €30,000 of main applicant plus additional
      €5,000 for every dependent and €8,000 for every parent from sources outside of Cyprus. Income can be from salary from employment, rents, fixed deposits of dividend from shares outside of Cyprus.
    • Government processing fees approximately €7,000 per person, so a family of 4 would count towards approximately €28,000 in Application and Certificate issuance fees.
    • Immigration Attorney fees depends from case to case and number of applicants in process.

ADDITIONAL CONDITIONS

    • To travel within other EU countires you need a valid Schengen Visa.
    • Applicants must hold a clean criminal record.
    • No Applicant should be on the list of persons whose property is ordered to be frozen within the EU.
    • Naturalization and Citizenship will be granted in approximately 6 months during which the applicant and its family will be on a immigration permit.

ADVANTAGES

  • Simple investment procedure, No language, medical exam or interview required for application.
  • For full family – all children below the age of 25 can be included in application.
  • Great weather with 300 days of sunshine where 90% of the population speaks English.
  • Free education opportunities for children.
  • Live freely in Cyprus and use the permit wherever required.
  • Own a business for trading or exports.
  • Enjoy targeted tax advantages low corporation tax at 12.5% plus additional incentives from the government to lower it further.
  • Comprehensive Double Tax Treaty between India and Cyprus along with 47 more countries in the world.
  • You can apply for Cyprus Citizenship after 7 years of residence in Cyprus.
  • Establishment of free movement of services and goods within EU.
  • No physical residence required in Cyprus, one visit in 2 years is enough to maintain residency.
  • Cyprus has few of the safest cities in EU and has the lowest crime rates in the world.

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