Cyprus Residency by Investment Program.

Cyprus is an island nation in the Mediterranean Sea, that lies at one of the most strategic geographical locations in the world. Located at the European-African-Asian junction, Cyprus offers unique opportunities to investors with high net-worth to gain residence. Cyprus is culturally rich and one of the safest countries in the world, making it an ideal country for families and businesses. The Cypriot economy boasts in shipping, services and tourism through investments and property developments. It ranks remarkably high on the Index of Economic Freedom, Forbes Best Countries for Business, Ease of Doing Business, Global Competitiveness Index, and many other international rankings.

Route to Cyprus Citizenship.

The Cyprus permanent residence Program offers resident permits to applicants from non-European countries in return of an investment in the country. The real estate investment option starts from:

€300,000 in a new immovable property
an applicant can also purchase up to two new or used non-residential properties including hotels, shops, offices etc for a value of at least €300,000
another option is to open a registered company in Cyprus and create employment of minimum 5 people
buying of units worth €300,000 in Cyprus Investment Funds Association can also make an applicant eligible for Cyprus Permanent residence program

The applicant must not hold any criminal history. An amount of €30000 will be deposited into a Cyprus bank account which will be kept for 3 years. The main applicant must prove an annual income of minimum €30,000 for himself, €5000 for each dependent including spouse and children, and €8000 for parents of the main applicant and/or spouse.