Cyprus Permanent Residency

The Cyprus Government as part of the European Union encourages investors and their family to obtain a Permanent Residency Permit via investment in Cyprus through residential and/or commercial Freehold investment property.

Criteria:

The applicant's investment will be a minimum of €300,000 in Freehold residential or commercial property.
Submission of an application can include approval for the applicants spouse and children less than 18 years of age.
The applicant must have a clear criminal record
The applicant must have a proof of a secure income.
A deposit in a financial institution in Cyprus of an amount of €30,000 which will remain for three years

Benefits and Advantages:
Fast Track applications with processing times of 60 - 70 days for final approval.
There is no requirement to live permanently in Cyprus to maintain the permit.
Permit is granted for indefinite duration, with one off application, no renewal.
Cyprus is a Full member in the EU since 2004.
High Standard of International schooling and universities
Second secure family home investment.
Excellent Modern medical facilities
Direct flights to and from many countries inside and outside Europe from the 2 main international airports of Cyprus.
Travel more freely to other European countries
Permanent Resident holders are exempt from any taxes payable in Cyprus from overseas income.
Popular touristic Mediterranean island offers good investments.
Low Corporate Tax and Double Tax Treaties.
English language widely spoken.
Very high level of safety and political stability.
Permanent Residents of Cyprus can establish business in the European Union and expand business opportunities.
Safe environment with very low crime.
Multicultural society