articles about Cyprus Permanent Residency

Cyprus Permanent Residency - Regulations & Requirements

CYPRUS RESIDENCE PERMIT - Fast-track Procedure for Granting Cyprus PR (Permanent Residence Permit) & Purchase of Cyprus Property     REGULATION 6(2) OF THE ALIENS AND IMMIGRATION REGULATIONS   REQUIREMENTS: 1. PROPERTY: Must be purchased in Cyprus Purchasers could be just an applicant or just his spouse or the applicant and his spouse or a Cyprus Company as below described Vendor must just the Developer, who built this property Must be new (not resale) The Purchase Price must be at least 300,000 Euro (not including VAT) At least ... Read More

Buy Cyprus Property for Permanent Residency

Buy Cyprus Property for Permanent Residency The key criterion is the purchase of a new immovable property/ies* with a value greater than €300,000 (excludingvat). The applicant must submit the application form accompanied with a contract of sale and proof ofpayment of at least €200,000 (excluding vat). The property can also be put on a company name provided that the company is registered in the name of the applicant and/or the applicant and spouse, and that he/they are the sole shareholders. Additionally, the contract of sale must have been submitted to the Cyprus Department of La... Read More

Apply for Cyprus Permanent Residency - the Process

Apply for Cyprus Permanent Residency - the Process The application should be submitted on form M.67 to the Civil Registry and Migration Department or to the District offices personally, through post or through a representative. The presence of the applicants isn’t necessary, as the paperwork can be undertaken by a lawyer.   The application will be examined by the Civil Registry and Migration Department and shall be submitted to the Minister of the Interior, through the Permanent Secretary of the Ministry, for a decision. Personal interviews are not usually necessary for thi... Read More

Cyprus Permanent Residency - The Benefits

Cyprus Permanent Residency - The Benefits Having a Cyprus PR permit has a number of advantages as follows: - Stay in Cyprus for an indefinite period of time- Easier to apply and obtain a visa to travel throughout the world or a ‘Schengen’ to travel to Europe specifically because of the Cyprus Permanent Residency. The application can be done in the relevant Embassy from Cyprus as well without needing to go back to your country to apply.- Children can go to internationally recognised schools of all levels (primary, secondary, university)- Enjoy a healthy unpolluted environment- Do ... Read More

Cyprus Permanent Residency - Documents required to apply

Cyprus  Permanent Residency - Documents required to apply Relevant application form Passport valid for at least 2 years Temporary Residence Permit (if applicable) Statements showing movement of the funds in Cyprus and abroad Proof of sufficient income from legitimate source Affidavit   completed and signed at the Court. Sale Agreement and/or title deed for the property Receipt (Invoice) for purchasing a property Medical Insurance if the applicant moved to Cyprus Police Clearance Certificate, certified by Apostile or translated by PIO (Press and Information Office) of... Read More

Cyprus Fast Track Permanent Residency - Legal Requirements

Cyprus Fast Track Permanent Residency - Legal Requirements  A - Cyprus Property purchaseThe key criterion is the purchase of a new immovable property/ies* in Cyprus with a value greater than €300,000 (excluding vat). The applicant must submit the application form accompanied with a contract of sale and proof ofpayment of at least €200,000 (excluding vat). The Cyprus property can also be put on a company name provided that the company is registered in the name of the applicant and/or the applicant and spouse, and that he/they arethe sole shareholders. Additionally, the contract ... Read More

Cyprus Permanent Residency - setting up a Cyprus company

Cyprus Company & Permanent Residency - Doing Business in Cyprus Permit holders may own a business in Cyprus and benefit from a low corporation tax of 12.5% on net profits by setting up a Cyprus company. Additionally, they can use their Cyprus company as an intermediary for export trading activities from their home country to enjoy tax benefits. Cyprus is firmly established as a reputable international commerce centre, the ideal bridge between East and West. It offers a tax efficient gateway for channeling foreign investments anywhere in the world. The Cyprus tax system is in full compli... Read More

Why Cyprus for Permanent Residence Permit?

Cyprus at a glance Cyprus is a modern country that enjoys a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, thus provides unrivalled access and travel opportunities. It has a rich heritage, beautiful beaches with the cleanest bathing waters in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island offers a low cost but high standard of living and is a very popular year-round destination for Europeans seeking a coastal or golf holiday.- Full EU member- Excellent British edu... Read More

How we can help you apply & obtain Cyprus permanent residency

Our Service and Commitment to You We have established excellent contacts with independent and expert Cyprus lawyers dealing with immigration and residency issues that can help you with the following:   1 - Consultation on the requirements of the application process2 - Advise on questions / issues that need to be clarified3 - Assistance in drafting relevant required documents 4 - Continuous review of the application documentation to ensure required quality standards5 - Submision of the complete application to the authorities on client’s behalf6 - Monitoring the status of the revie... Read More