Cyprus
Residency by investmentPage Contents
Overview | Country Information | Benefits | Book A Consultation
cyprus Overview
It is now possible to obtain permanent residence in Cyprus. This island country in the eastern Mediterranean Sea is strategically positioned at a crossroads between Europe, Asia, and Africa. Cyprus is a top tourist destination boasting beautiful beaches, nature, and history.
Not only is Cyprus an ideal place for tourism, or residents known for their high standard of living and year-round sunny weather, but for businesses and investors too.
Significant reserves of natural gas have been found and confirmed in the Mediterranean offshore in the economic area of the Republic of Cyprus. Gas production on an industrial scale is planned for 2022-2023.
Cyprus is one of the fastest-growing economies in Europe known for its effective and transparent regulatory and legal framework along with favorable tax regimes.
With the suspension of the Cypriot Citizenship by Investment Program, the residency program has become increasingly popular among investors. Cyprus offers a fast-track process to being a permanent resident in 2 months and eventual citizenship in 5 years if certain conditions are met.
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Cyprus investment type
Buying housing in Cyprus is one of the easiest and fastest ways to get your European Permanent Residency!
Investment Type & Costs
- There are also some other options for investors to get permanent residency including:
1) Purchasing commercial real estate
2) Purchashing shares of Cypriot companies
3) Purchashing shares of Cypriot investment funds
Family
- You can get permanent residency for the whole family, including the wife or husband, children under 25 years old, and the parents of both spouses.
Visa-Free Travel
- With a Cyprus passport, you can travel Visa-Free to 170+ countries including European Union and the United Kingdom.
Cyprus Country Information
CAPITAL
Nicosia
CURRENCY
EUR
EXCHANGE RATE
1 USD = 0.89 EUR
POPULATION
1.207 million
GOVERNMENT TYPE
Presidential System
LANGUAGE
Greek, English
Top 10 Places To Visit In Cyprus
cyprus residency by investment BENEFITS
Permanent Residency in Cyprus is interesting for investors for many reasons and the benefits of the Permanent Residency make Cyprus one of the most attractive European destinations.
- No taxes on foreign income
- Growing real estate market
- Free medical insurance
- Ability to start a business in Cyprus in an easy way
- You do not have to live in Cyprus all the time
- The opportunity to become a citizen of Cyprus in 5 years
- 85% of the population speaks English
- You can apply for your status remotely
- The fantastic Cypriot weather and healthy environment
- A peaceful society with low crime rates
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