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Permanent Residence Permit In Cyprus

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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