With 320 sunny days of sunshine a year, Cyprus falls among the sunniest European locations. Stunning beaches, Mediterranean climate, and quality of lifestyle are just some of many reasons to choose Cyprus as your permanent home in Europe.
Several years in a row, Cyprus was ranked among the top relocation destinations in the world. This makes Cyprus be among preferably chosen destinations for settling down, alongside Switzerland, UK, and Spain.
To enhance the country’s development and increase foreign direct investment, the Cyprus Government has created this attractive Cyprus Permanent Residence Program for non-EU members who aim to settle down and enjoy all the benefits of the coastal lifestyle.
WHY CYPRUS?
Strategic geographical location (at the crossroad of Europe, Asia & Africa)
Stable and progressive economy supporting foreign direct investment
Low tax rates
Favorable double-taxation treaties structure
Legal system based on English common law
Professional and educated working force
English speaking environment
Potential to structure healthy costs of living
High-quality healthcare
Well-shaped and affordable real-estate market offering
Rich history with UNESCO protected locations
PROGRAM OVERVIEW
The right to live and study in Cyprus
Dependents included (spouse, children under 25)
Minimal investment 300.000 EUR
High approval rate
Processing time two months
No requirement to reside in Cyprus
No language requirement
Visit once in two years is required
No requirement to visit Cyprus before approval of residency
PROGRAM GUARANTEES:
Freedom of movement across Cyprus
The Law guarantees program structure
The Government implements program
Access to healthcare and educational system
There are two different EB-5 programs available to potential suitors, each with attractive benefits:
ABOUT THE CYPRUS PERMANENT RESIDENCE
The Cyprus Permanent Residence is created to attract foreign direct investment. In exchange for suitable investment, the Cypriot Government offers specific benefits to the investors and their families and the opportunity to obtain permanent residency without obligation to reside full time in the country. The program is structured for non-EU applicants.
BENEFITS OF THE CYPRUS PERMANENT RESIDENCE PROGRAM
Freedom of movement across EU Schengen Countries and the fact that Investor is not required to reside in Cyprus full time are among the most convenient benefits along with:
Family members are included
Applicant and his family do not have to reside in Cyprus but must visit once in two years
Dependents have the right to attend international, English speaking schools
The whole process can be undertaken without prior arrival of the principal applicant to Cyprus
Investor can travel visa-free to all EU Schengen Zone countries and across Cyprus
INVESTMENT REQUIREMENT
What is the minimum investment amount required?
The minimum investment required is: 300.000 EUR
What are approved investment options available?
To qualify for permanent residency, the Investor must choose one of the following investment options:
Purchase new immovable property of a total market value of at least EUR 300,000 plus VAT
Purchase of up to two new or used immovable non-residential properties (of a total market value of at least EUR 300,000 plus VAT
Share capital of EUR 300,000 of a physical company registered and operating in Cyprus, which employs at least five people
Share capital of EUR 300,000 of a physical company registered and operating in Cyprus, which employs at least five people
In addition to these investment requirements, the applicant must provide evidence that he has secured an annual income of at least 30.000 EUR generated from abroad.
If the applicant wants to include spouse and children in the application, the income must increase as follows:
by 5.000 EUR for spouse and every additional child
by 8.000 EUR for each dependent parent
Is there any additional contribution or donation required?
No.
WHO IS CONSIDERED A QUALIFIED APPLICANT?
To qualify, an
investor must meet the following criteria:
Be a non-EU citizen
Provide clear criminal certificate
Provide proof of origin of the investment funds
Provide proof of sustainable monthly income for him and his family
WHO IS QUALIFIED AS DEPENDENT ON THE APPLICATION?
One of the most significant benefits of this Cyprus Permanent Residence Program is that it includes the following dependents:
Spouse of the principal applicant
Dependent children of the principal applicant up to 25 years old
Parents of the primary applicant/spouse
PROCEDURES & TIMELINE:
The usual application processing time is two months.
The application process is structured and ensures fast-track approval if all required criteria are met.
A high approval rate characterizes the application process.
The application process for the principal applicant consists of:
The visit is not mandatory until the application is approved. But once the approval is confirmed, the principal applicant and his dependent applicants must visit Cyprus for biometric confirmation.
VALIDITY OF GOLDEN RESIDENCY PERMIT
Issued permanent residency is valid for an indefinite time.
Enquiry
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With 320 sunny days of sunshine a year, Cyprus falls among the sunniest European locations. Stunning beaches, Mediterranean climate, and quality of lifestyle are just some of many reasons to choose Cyprus as your permanent home in Europe.
RK Global Fortune Consulting offers unparalleled expertise in residency and citizenship by investment programs and works in collaboration with an international network of immigration practitioners spanning the globe
Cyprus Permanent Residence Program
With 320 sunny days of sunshine a year, Cyprus falls among the sunniest European locations. Stunning beaches, Mediterranean climate, and quality of lifestyle are just some of many reasons to choose Cyprus as your permanent home in Europe.
Several years in a row, Cyprus was ranked among the top relocation destinations in the world. This makes Cyprus be among preferably chosen destinations for settling down, alongside Switzerland, UK, and Spain.
To enhance the country’s development and increase foreign direct investment, the Cyprus Government has created this attractive Cyprus Permanent Residence Program for non-EU members who aim to settle down and enjoy all the benefits of the coastal lifestyle.
WHY CYPRUS?
PROGRAM OVERVIEW
PROGRAM GUARANTEES:
There are two different EB-5 programs available to potential suitors, each with attractive benefits:
ABOUT THE CYPRUS PERMANENT RESIDENCE
The Cyprus Permanent Residence is created to attract foreign direct investment. In exchange for suitable investment, the Cypriot Government offers specific benefits to the investors and their families and the opportunity to obtain permanent residency without obligation to reside full time in the country. The program is structured for non-EU applicants.
BENEFITS OF THE CYPRUS PERMANENT RESIDENCE PROGRAM
Freedom of movement across EU Schengen Countries and the fact that Investor is not required to reside in Cyprus full time are among the most convenient benefits along with:
INVESTMENT REQUIREMENT
What is the minimum investment amount required?
The minimum investment required is: 300.000 EUR
What are approved investment options available?
To qualify for permanent residency, the Investor must choose one of the following investment options:
In addition to these investment requirements, the applicant must provide evidence that he has secured an annual income of at least 30.000 EUR generated from abroad.
If the applicant wants to include spouse and children in the application, the income must increase as follows:
Is there any additional contribution or donation required?
No.
WHO IS CONSIDERED A QUALIFIED APPLICANT?
To qualify, an investor must meet the following criteria:
WHO IS QUALIFIED AS DEPENDENT ON THE APPLICATION?
One of the most significant benefits of this Cyprus Permanent Residence Program is that it includes the following dependents:
PROCEDURES & TIMELINE:
The usual application processing time is two months.
The application process is structured and ensures fast-track approval if all required criteria are met.
A high approval rate characterizes the application process.
The application process for the principal applicant consists of:
The visit is not mandatory until the application is approved. But once the approval is confirmed, the principal applicant and his dependent applicants must visit Cyprus for biometric confirmation.
VALIDITY OF GOLDEN RESIDENCY PERMIT
Issued permanent residency is valid for an indefinite time.
Enquiry
Top-Tier Residence Programs
UK
The UK is a highly desirable destination for Residence by Investment, with its rich culture in entertainment, food and drink, and leisure. Plus, its world-class education system makes it the perfect place to raise a family – with many universities that are the envy of the world..
Portugal
When it comes to Residence by Investment (RBI), Portugal is an increasingly popular destination. Whether it be the allure of the picturesque beaches of the Algarve or the cultural hotspots of Lisbon, it’s proving to be the perfect place for investors to settle down a...
Spain
Spain, for many favorite touristic destinations – is much more than that. It is a strategically positioned country with its unique vibe, pleasant climate, quality standard of living, and rich history. Its competitive economy provides a sustainable investment
Malta
Considered one of the most attractive touristic destinations, Malta attracts many international investors and high-net-worth individuals. Reasons for choosing Malta are many, but among the most considered ones are pleasant climate, friendly people
Greece
Greece is known as a country full of history and economic and political ups and downs. However, its centuries-old economic, political, and touristic structure maps this country to the list of the most desired and affordable residency locations in Europe.
Cyprus
With 320 sunny days of sunshine a year, Cyprus falls among the sunniest European locations. Stunning beaches, Mediterranean climate, and quality of lifestyle are just some of many reasons to choose Cyprus as your permanent home in Europe.