In 2009, the Minister of the Interior of Cyprus decided to strengthen Cyprus’ economy and real estate market by creating the Cyprus Immigration Residency by Investment Program. A Category F visa allows applicants to purchase a new personal residence in Cyprus, and live in that country indefinitely as permanent residents.
After 5 years of permanent residency, applicants can apply for Cyprus citizenship and Cyprus passports (Cyprus is a member of the European Union).
Cyprus is at the crossroads of three continents, where there’s always a new world to discover. Where East meets West and a new experience awaits for you under the sun everyday.
Benefits of the Cyprus Immigration Program
- Each applicant, his/her spouse, and dependents have the right to reside permanently in Cyprus
- Cyprus offers a high quality of life, including modern medical facilities, shopping, natural beauty, sports, cultural events, a warm climate, and many private English schools and universities.
- Applicants can qualify for citizenship after 5 years of residency.
- There is no tax on worldwide income.
- Joined the European Union in 2004 (currency is the Euro)
- Prosperous country with services-based economy
- Low crime rate and high quality of life
- Modern infrastructure, medical facilities, business services
- English-speaking private schools, colleges, universities
- 340 days of sunshine per year
- Temperatures between 16° and 33° Celsius
Cyprus Immigration Program Requirements
- The applicant must possess a valid passport
- The applicant must be minimum age 25 years (no maximum age)
- The applicant must purchase a personal residence in Cyprus for minimum €300,000, and open a bank account in Cyprus
- The applicant must be a businessman with a good reputation, and strong international bank balances.
- The applicant must have a secured international income to enable the family to live comfortably in Cyprus without working in that country. The annual international income should be at least €9,568 for a single person, plus €4,613 for each dependent
- The applicant must pass a security background check and a medical check
Please Contact Us for more information on this program.