Cyprus
Cyprus is an island country located in the Eastern Mediterranean, known for its rich history, stunning landscapes, and strategic importance.
Residence by Investment Overview
Cyprus offers a Residence by Investment (RBI) program that allows foreign nationals and their families to obtain residency in Cyprus by making a financial investment. The program is attractive due to Cyprus’ strategic location, Mediterranean climate, high standard of living, and access to the European Union.
Investment
Real Estate Investment: Invest at least €300,000 (excluding VAT)
Business Investment: Alternatively, you can invest in a Cypriot company
Benefits
Citizens can travel visa-free or with visa-on-arrival access to over 150 countries and territories, including the EU Schengen Area, the UK, and many Commonwealth nations.
Cyprus Residence by Investment
Cyprus’ Residence by Investment program provides a straightforward and appealing way to gain permanent residence in a European Union country. It is an ideal option for high-net-worth individuals seeking a base in the Mediterranean with easy access to Europe, a high quality of life, and significant tax advantages.
Benefits of residence by investment in Cyprus
EU Residency: Cyprus is a member of the European Union, so this program provides the benefits of living and doing business in an EU country.
No Minimum Stay Requirements: There is no obligation to live in Cyprus to maintain the residency permit.
Business and Banking Hub: Cyprus offers a favorable tax environment for businesses and a strong financial sector.
Family-Friendly: The program allows family members to be included under the same residency permit.
Access to Healthcare and Education: Cyprus offers high-quality healthcare and education, along with access to other EU member state systems.
Cyprus golden visa requirements
Minimum Investment: You must invest a minimum of €300,000 in a new residential property (excluding VAT). The property must be purchased directly from a developer.
Real Estate Investment: The primary investment route is purchasing residential property (single or multiple units) worth at least €300,000 (excluding VAT). The applicant can choose to invest in real estate, which may include apartments, houses, or commercial property. The property must be for residential purposes and purchased from a developer in Cyprus.
Bank Deposit: There is also an option to make a deposit in a Cypriot bank, although this is generally combined with the real estate investment.
Maintain Investment: You must retain the property for at least 3 years from the date of purchase. After this period, it is possible to sell the property, but the applicant must retain another qualifying property of the same value.
