Cyprus Permanent Residency Fast Track
CYPRUS PERMANENT RESIDENCY:
- Lifetime Validity
- Applicable for All Family Dependents
- Children under 18 years old
- Financially Dependent Children up to 24 Years Old
- Eligibility for Tax Residency
- No Physical Presence required during Application Process
- EU Member since 2004
- Visa Free Entry to 174 Countries
- Passed On Citizenship By Investment to future Generations
- Dual Citizenship Permission
- 2 to 18 Months timeframe
- Investment Alienation could break the PR Application
- Purchase of New Property of minimum 300,000Euros
- Purchase of New or used corporate property (Office shops,hotels etc..)
- Share capital of EUR 300,000 of a physical company registered and operating in Cyprus, which employs at least five people
- Units of EUR 300,000 in the Cyprus Investment Funds Association’s collective investments (AIF, AIFLNP, RAIF)
- Standard Track 5F
- Fast Track6(2)
WHY CYPRUS:
- Favorable tax regime
- Outstanding education facilities
- Lowest crime rate in Europe
- 5th safest country in the world
- Superlative healthcare facilities
- Strategic location at crossroads of three continents
- EU Member
- Set to join the EU Schengen zone presently
- Freehold attained Property
- 5% reduced VAT on property
- Superior infrastructure
- Solid & Trustworthy Legal system
- Substantial tax breaks for high net worth individuals
- No tax is levied on global income from non-resident citizens.
- Low personal and corporate tax rates for non-domiciled residents
- Mitigation of personal, business and security risks.
- Secure and stable home
- Safe & Sparkling Free Public Beaches
- Ease Of Travel Throughout the EU
- 90% English speaking population
ABOUT CYPRUS:
- Official Name: Cyprus Republic
- Form of Government: Unitary Presidential System
- Capital: Nicosia
- Population: 1.21 million
- Official Language: Greek,Turkish
- Currency: Euro
- Area: 9,251 KM2
- Education: Pre-Primary to High education, Public/Private Schools, UK Integrated Educational Programs
- Culture: Cypriot - Mixed of Northern Turkish and southern Greek - Arts, Music, Literature, Mass Media, Cinema
- Environment: Low Crime Rate - 5th Safest Country in The world
- Health Care: Distinction in Healthcare, Recognized by WHO, NHS
- Taxation: Low Taxation-Reduced to 5% on Investments
- Tourism: Major tourist Destination
- Weather: Mediterranean, Subtropical
- Politics: Presidential Democratic Republic- Stable
- Schengen: Not part Of Schengen- Set To Join EU Soon
- Religion: Christian Orthodox - Small Communities of Muslim
QUALIFICATION & INVESTMENT CRITERIA:
Investment Criteria:- Proof of Annual income: € 30,000
- Pension of €5,000 for each Dependent Family Member
- Pension of €8,000 for each Dependent Parent
- Purchase of Residential/corporate property starting €300,000
- Investment of shares in Cyprus Collective funds of €300,000
- Investment in share capital of a Cyprus company of €300,000
- Real Estate Sale Contract
- Medical insurance
- Clean Criminal Record
- Birth Certificate
- Marriage certificate if married
- Bank Statement
- Valid Passport
- 2 Photo Passport
- Officially translated Documents
- No intention of Employment Pledge
