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Permanent Residence Permit In Cyprus

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By Author: sudhkar
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Permanent Residence Permit in Cyprus
ABOUT CYPRUS
Cyprus was the meeting point of great civilizations due to its strategic location. In its 9,000 years of recorded history, the culture of the islands has been shaped by its conquerors; ancient Greek sanctuaries, Roman temples and medieval castles, reveal the rich history of the island. Ten of the numerous Byzantine frescoes-painted churches have been inscribed on the UNESCO heritage list, along with other archaeological monuments. All these influences blend harmonically with the modern cosmopolitan Cyprus of today.
CYPRUS PERMANENT RESIDENCY VISA
• Minimum of €300,000 in property net of Tax
• Create a long term deposit of €30,000Secure
• Secure annual income of at least €30,000
• Investor must prove secure income over €30,000 per year from businesses outside of Cyprus.
• Income may include salaries from employment, pensions, dividends from shares, fixed deposits, rents etc.
BENEFITS OF THE PROGRAM
 Simple, non-disruptive procedure
 Cyprus allows dual citizenship
 No health certificate and no language test are required
 The investment can be sold after 3 years
 Investments 3 years prior count towards the financial criteria
 The Permanent Residency VISA is forever

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