REPUBLIC OF CYPRUS – RESIDENCY BY INVESTMENT

Republic of Cyprus is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean, located south of Turkey, west of Syria and Lebanon. Cyprus offers a high standard of living, modern transport and infrastructure, excellent academic institutions (several accredited European Universities) and access to quality medical services.

• Population: 1,198,646
• Capital: Nicosia
• Area: 9,251 km²
• Language: Greek
• Currency: Euro
• Visa Free Countries: 162
• Passport Power Rank: 09

BENEFITS

• Fast Track: Permanent Residency within 3 months
• Obtaining a lifetime permanent residency with no expiration date
• No physical residence requirements during or after the application process to maintain the permanent residency
• No education requirements, and no interviews or written test required as part of the application process and no language requirements
• Family members (spouses, unmarried children between 18-25 of age and dependent parents of both spouses’ parents) can also obtain permanent residency.
• High standard of international schooling, in addition to universities with lower tuition costs than those in EU countries.
• Freehold Property
• No Inheritance tax on inherited property
• Property investment generated with rental income

Residency Through – Property Purchase:

• The applicant is required to have purchased a property for the family in Cyprus at a value of just 300,000 Euros to gain the Cyprus residency permit.
• The residency visa is granted within two months and covers the whole family.