Cyprus, known for its robust GDP per capita and AAA credit rating, presents an enticing proposition for investors and entrepreneurs looking for a prosperous business environment and a desirable place for private residency. As a founding member of the EU, Cyprus assures an exceptional quality of life and sophisticated infrastructure.
Advantages of Acquiring Permanent Residency Through Investment in Cyprus
- Unrestricted EU Access: Enjoy visa-free travel within the EU.
- Elevated Lifestyle and Security: Benefit from a high standard of living, a stable political scene, and laws that favor investors.
- Accessible Investment Requirements: Encounter a low barrier to entry for investments.
- Business-Friendly Legal Framework: Take advantage of Cyprus’s flexible corporate laws for swift business setup.
- Favorable Tax Regime: No wealth or inheritance taxes to worry about.
- Minimal Residence Requirements: There’s no need to live in Cyprus continuously; a visit once every two years suffices.
- Family Inclusivity: The residency extends to the main applicant’s spouse and dependents under 25.
- Remote Process Convenience: Manage the entire process from abroad, needing presence only for biometric data collection.
- Pathway to Citizenship: After five years of residency, you can apply for Cypriot citizenship.
Paths to Obtain Permanent Residency in Cyprus
- Real Estate Investment: Acquire up to two new residential properties with a combined market value of at least EUR 300,000 plus VAT, with options across different developers.
- Commercial Property Investment: Invest in up to two new or existing non-residential properties, such as offices or hotels, valued at a minimum of EUR 300,000 plus VAT.
- Business Investment: Inject EUR 300,000 into the share capital of a Cypriot company, employing at least five individuals.
- Fund Investment: Allocate EUR 300,000 into units of collective investments accredited by the Cyprus Investment Funds Association (AIF, AIFLNP, RAIF).
- Income Proof: Provide evidence of a secure annual income from abroad of at least EUR 50,000, with additional requirements for dependents.
This array of investment options underscores Cyprus’s commitment to attracting global talent and investment, providing a straightforward pathway to permanent residency and a gateway to the European Union, enhancing mobility and business opportunities.
