The Republic of Cyprus is an Island country near the Eastern Mediterranean Sea. It is known for its stable climate, sunshine for over 300 days, and excellent beaches, and it is a fantastic place to invest and reside in Europe. Cyprus became a vital member of the British Commonwealth in 1961 and joined the European Union in 2004.
The country is an advanced, high-income economy adopting the euro currency in 2008. It has a very high score on the Human Development Index and is currently ranked 29th globally.
Cyprus has a well-established offshore banking sector that offers the lowest corporation taxes in the EU, making it an attractive option for international tax planning. In addition, free trade is allowed within the European Union, and the island has signed double taxation treaties with many countries. Its location at the crossroads of Asia, Africa, Europe, and the Middle East makes it an ideal destination for free travel and business expansion. English is widely spoken and understood for both business and everyday life.
A minimum investment of EUR 300,000/- in real estate is mandatory to make yourself eligible for this Cyprus Residency program. You can also invest the same amount in a physically operating company with at least five employees or in recognised Cyprus Investment Funds.
Cyprus residency allows hassle-free access to European Union countries and many other countries. Its passport has a global ranking of 8th globally and allows visa-free or visa-on-arrival facilities to 170 countries.
You can also include spouses and dependents in the Cyprus permanent residency permit application. Dependent children can be included up to the age of 25. It offers insurance for you and your family against unforeseen circumstances.
It has a simple process with no medical examination or interview required. The PR permit application can be processed between 2-6 months after the investment is completed as per norms. DM Immigration Consultants can help you secure this Cyprus Investor Visa without hassles.
Cyprus is an important EU country, and investment in the country gives you a second home in a strategic location. You and your family can live and travel freely within the EU as a permit holder. You must enter the country only once in two years after getting PR. You also get social assistance and social protection.
If you spend 183 or more days in Cyprus, you will be liable for taxation as a resident. However, paying taxes can grant you tax residency in the country. Cyprus offers a welcoming tax system for foreigners interested in moving there. You can set up a business in Cyprus or establish a Cyprus company for trading, which comes with substantial tax advantages.
Our team of knowledgeable consultants offers a free session to educate candidates on the application process, eligibility guidelines, and investment opportunities available in Cyprus. Once candidates have gained a sufficient understanding from our consultants, they can communicate their specific requirements, and the documentation work for the application process will then commence.
We thoroughly review all documents and information in the application form to prevent mistakes caused by mismanagement or human error. Ensuring accurate information will save you time and money, as minor mistakes can lead to suspicion and harm your candidacy. Gaining the confidence of authority requires effort.
Once the DM consultant has reviewed the necessary documents and application materials, they will give the green light if everything is in order. At that point, it is possible to apply for residence permits. We will ensure the accurate details to avoid any rejections due to negligence.
When applying for Residency by Investment in Cyprus, the immigration authorities verify all the details provided in the application. At DM, we give every individual’s application our full attention and review it thoroughly. We are vigilant in examining your application process to ensure you complete all the necessary details in your application and submit all the required documents.
