Cyprus, member of European Union, offers Residency by Investment program since 2009.

To qualify for Cyprus residency:

• 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,

• The applicant must be a businessman with a good reputation, and strong 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,

• There are no strict net worth, source of funds, management experience, language, or education requirements.

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.

Benefits of the Category F Visa:

• Each applicant, his/her spouse, and dependents under 18 years of age, 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 schools and universities with English as teaching language,

• Applicants can qualify for citizenship after 5 years of residency,

• There is no tax on worldwide income.

Please contact us for more details.

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