Residency by Investment in Cyprus
The Cyprus residency by investment program offers one of the fastest tracks to residency, and this coupled with the fact that it is extremely affordable makes it one of the most popular residency programs in the EU
By investing €300,000 in a newly-built property, an investor and his or her immediate family members can obtain residency in as little as four months. In addition to the fast processing time, some of the benefits to a Cypriot residency include no language requirements, minimal physical presence requirements, and the ability to include children under the age of 25 and parents of the main investor in the application.
Investors should take note that they are required to deposit at least €30,000 with a bank in Cyprus for three years in order to fulfill program requirements.
Furthermore, the main applicant is required to demonstrate annual earnings that exceed €30,000 and an additional €5,000 for each family member included in the application. And while it is not necessary to reside in Cyprus, applicants are required to visit Cyprus at least once every two years in order to maintain their status.
Sununu offers a full-service solution which includes providing legal advice, assistance with the selection of property and securities, and financing through its network of banking partners.
Cyprus programrequirementsat a glance
In addition to meeting the minimum investment criteria, applicants must maintain adequate healthcare insurance and produce a clean criminal record, birth and marriage certificates and demonstrate a minimum level of income
€300,000 investment in real estate, provided that it is a newly built property
And a €30,000 fixed-rate deposit which must be held with a Cypriot bank for 3 years
Children under 25 included together with your spouse and the parents of the main applicant
4 months to residency for the applicant and dependents
Annual earnings of €30,000 is the required minimum for the investor to qualify; an additional €5,000 per family member
Access broad benefits including healthcare, education and banking
No language requirement or physical residence requirement and foreign earned income is not taxed
Real estateinvestmentin Cyprus
Our property listings in Cyprus have been carefully selected to help you gain residency
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