Why Choose Cyprus ?
Cyprus, an island country in the Eastern Mediterranean has a beneficial tax regime for companies and individuals. Majority of the population speak English and Cyprus provides facilities for education, healthcare and educational institutions. It is the 5th safest country in the world. The property tax in Cyprus is low with just 5% of VAT on property.
CYPRUS RESIDENCY PROGRAM THROUGH INVESTMENTThere are two Golden Visa programs through investment in real estate offered by Cyprus. One is for Citizenship and the other one for Permanent Residency. These investment schemes are quick and guaranteed. Cyprus offers Permanent Residency by Investment which can be done by investing in real estate. It is one of the most simple investor visa programmes in Europe. The requirements of the program are :
- Investment : An amount of just €300,000 into property for obtaining the residency permit of Cyprus. It can be done in a maximum of two properties along with reaching the limit of €300,000.
- Visa : The Cyprus Permanent Residency visa is granted in a time period of two months and the whole family is also included in it including parents of both the main applicant and the spouse in addition to dependent children up to the age of 25.
- Validity : The Cyprus Permanent Residency program can be passed down to the dependents and the spouse. The permanent visa for Cyprus is also valid for life.
- Free Travel : Once the permanent residency is obtained the resident can move freely throughout the European Union and only one visit which is once is 2 years is required to Cyprus by all the family members.
- Benefits : The holders of permanent residency visa are entitled to medical benefits and healthcare along with excellent educational system.
- Security : Cyprus is known for its low crime rate which makes it one of the top 5 safest countries in the world.
