Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Cyprus

Cyprus, the original island of love, is a tourist magnet for her beautiful beaches and world heritage status. Besides having a great sunny climate, Cyprus is offering a very conducive business environment for all investors, businessmen and entrepreneurs. Corporate tax rate is just a low 12.5%. In additional, all profits from overseas companies are also exempt from tax.

 

Cyprus Golden Visa Program Highlights

    • Fastest Route to Residency – 2 months
    • Fastest Route to Citizenship – under 6 months
    • Lowest crime rate in EU
    • One visit to Cyprus once every two year

Cyprus Investment Requirements

  • Invest €300,000 in real estate for residency or 
  • €2M in real estate for citizenship.
 

Cyprus Residency Options:

Applicants must buy and keep their main residential home.  Cyprus offers 2 fast tracks to residency.

  1. Cyprus Residency 

Applicants just need to invest €300,000 into property to gain residency and deposit 30k (for 3 years) in a Cyprus bank . This visa will be granted in within 2 months.

Applicants will also need to show that they have an income of at least €30K/year. Add €5k for every dependent and €8K for every parent.

Applicants may include their family (dependent children up to 25 years) and will just require 1 visit every 2 years.

This visa option is one of the easiest and fastest ways to residency anywhere.

  2. Cyprus Investment Program (CIP) 

If you are looking for the faster and easiest way to Cyprus citizenship that gives you the freedom to work, live, study, travel and retire anywhere in the EU, this is it!.

Applicants will need to invest €2million in new build property/properties to gain the citizenship (€2.5 million for 2nd hand properties). In additional, a 150,000 government donation is needed. After 5 years, you may reduce your property investment to just €500,000, ie., you can liquidate €1.5 million of your property portfolio.  Applicants will obtain their citizenship within 6 months.

Time to Cyprus Residency

Application for Cyprus Residency will take about 2 months.

Application for Cyprus Citizenship will take about 6 months.

Cyprus Residency Process

cyprus

 

Cyprus Stay Requirements

A visit once every 2 years.

Family

The applicant may include their spouse, dependent children under the age of 25. May also include their parents and parents in law.

Cyprus Tax Benefits

Together with Ireland, Cyprus corporate tax is at 12.5%, one of the lowest in EU.

Summary

Cyprus offers a very fast and simple pathway to their residency and citizenship.  You can have full control over your investments on real estate. While there is no need for government contribution when applying for residency, a contribution is necessary when applying for the prized citizenship.

In addition to soon being a Schengen member, Cyprus should be on your top choice when thinking which EU country to invest.