Located in the Eastern Mediterranean Sea, Cyprus is a small island with a long and well preserved history, as well as a rich culture. Known for its pleasant weather, beautiful beaches and affordable cost of living, Cyprus is a member of the European Union, and because as well the English language is widely spoken in the country, it is considered a very attractive place for both business and residence purposes.
Due the Cyprus Government´s intention to increase and attract foreign investment to boost the country´s economic development, Cyprus offers two Golden Visa programmes through Real Estate investment: one for Permanent Residence and one for Citizenship purpose. The programmes have been recently simplified, becoming one the most popular and fastest in Europe for non-European applicants, provided that two main requirements are met:
- Cyprious Citizenship: investment of EUR 2 million
- Permanent Residency: minimum investment of EUR 300,000 (*)
(*) applicants must provide proof of income of at least EUR 30,000 from abroad, which increases to EUR 45,000 when applying for residence permit extension for familly members.
The Benefits of Cyprious Citizenship
- The country belongs to the European Union (EU)
- Visa-free travel to more than 170 countries
- Low tax rates
- Free EU trade
- Excellent education system
- Low crime rates
- No language test requirement
- Fast-track approval
- No physical residency requirement
- Ability to maintain current nationality
Please contact us for more detailed information.