CYPRUS 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 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.
Benefits :
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The residency visa is granted within two months and covers the whole family.
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It includes parents of both the main applicant and spouse plus dependent children up to the age of 25.
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It is valid for life and can be passed down to dependents and spouse.
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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.
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Guaranteed fast track straightforward procedure
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There is no language requirement, medical test or interview
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Visa-free travel to 174 countries
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You are eligible to apply for Cyprus citizenship after 7 years of residing
Requirements :
You must purchase real estate property worth at least €300,000.
You must make a €30,000 deposit into a bank in Cyprus. The money will be kept for three years.
You must prove you have an annual income of at least €30,000 for yourself, and another €5,000 for every dependent (spouse and children).
If you will include your parents or your spouse’s parents: You must have an additional €8,000 on your income.
You must have no history of criminal records.
You must have a valid passport from your country of origint.
You must purchase personal insurance of approximately €185 per person per year
You and any family members over the age of 16 years must provide non-criminal records from your country of residence
You must be a person not sanctioned by the EU