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Cyprus

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Cyprus Golden Visa

The Cyprus Golden Visa consists of a permanent residency by investment program launched in 2013 for non-EU nationals. Investors can obtain indefinite permanent residency in Cyprus by choosing one of four investment options. This is a visa and should not be confused with the Citizenship by Investment program which has been discontinued since 2020. It is worth noting that Cyprus became a full member of the European Union in 2004.

Global Migration Consultancy is your trusted partner for Cyprus residency by investment

Global Migration Consultancy ensures the highest success rate through experience and a proven track record with different governments. Every year, we help hundreds of individuals and families obtain second residency or citizenship by investment. Global Migration Consultancy has successfully helped clients from over 85 countries around the world. Most importantly, we have a long-term view of the "client-advisor" relationship and a lifelong commitment to our clients.

Project Overview

​Processing time: The average processing time for obtaining Cyprus residency is 3 months

Type of investment: Real estate or shares in a Cyprus company or shares in a Cyprus investment fund

Investment cost: Minimum value €300,000 plus VAT (5% to 19%)

Family members: spouse, children under 18 years of age, dependent children under 25 years of age.

Passport validity: 10 years

Project Benefits

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Simple procedures

Fast and easy

The process is very efficient and only takes about 3 months.

Spouse and dependent children under 25 years of age are included in one application.
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Path to citizenship

After 5 years of residency in Cyprus, you are eligible for Cypriot citizenship. With Cypriot citizenship and passport, you can travel visa-free to 177 countries around the world.

Please note that Cyprus residency does not provide visa-free travel to European countries or the Schengen area, as Cyprus is not yet a member of the Schengen area.
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Other advantages

Lifestyle and Taxation

The right to health care for all applicants.

Please note that, with limited exceptions, residency by investment does not entitle the applicant to work.

There is no tax on global income and no inheritance rights.

Other fee

Income requirements In addition to the investment, the applicant must also demonstrate a reliable annual income from abroad of €50,000. If the applicant wishes to bring a spouse, the annual income is increased by €15,000 (the spouse's income can be included in this amount); if the applicant wishes to bring dependent children, the income is increased by €10,000 per child.

There are some verification requirements for the investor’s visa. Every year (yearly), you should submit evidence that you maintain your investment, as well as proof of health insurance for yourself and your family. Every three years, you should submit the following criminal records for yourself and your family in the country of origin and the country of residence. In addition, you may not obtain permanent residency abroad, nor may you be away from Cyprus for two years. In either case, you lose your permanent residency.

In addition to the required investment, there are other fees for the Cyprus Permanent Residence by Investment Program, including government fees, Citizenship by Investment professional fees, document certification (if applicable), courier fees and other minor expenses. If you would like to receive a detailed quote outlining all costs, please contact us.

Investment Types and Costs

In addition to one of the three investment options, the investor must demonstrate an annual income of at least €50,000, with an additional €15,000 per year for a spouse and an additional €10,000 per year for each dependant. A spouse's income (if any) may be taken into account and may include wages, salaries, pensions, dividends, term deposits and rental income.

Option 1:
Golden Visa real estate investment entails the purchase of a new residential property or resale commercial property from a developer. The investment must be made in full with foreign funds and may not be acquired or borrowed in Cyprus.
Residential property: minimum €300,000 plus VAT (5% to 19%)
Commercial property: minimum or €300,000 plus 19% VAT

Option 2:

Shares in a Cyprus Company : Purchase shares or set up a Cyprus company and invest in share capital. The company must be domiciled and operated in the Republic of Cyprus and have a proven physical presence and at least five (5) employees.
Cyprus company shares: minimum €300,000

Option 3:

Cyprus Investment Fund Shares: Shares in Cyprus Investment Funds in the form of AIF, AIFLNP, RAIF: Minimum EUR 300,000

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Investment security

The Cyprus Investment Program successfully attracts applicants from all over the world. The investment funds are safe as they only need to be paid after the citizenship application is approved by the government. Real estate investments are helping hundreds of families change their lives through the program.

Eligibility Requirements

Age

Applicants must be 18 years of age or older.
Good character

Applicants must have a clean criminal record and good reputation
Healthy

Applicants must be in good health and provide a medical certificate
Invest

Applicants must make a qualifying investment in one of the listed investment options and pass a background check and due diligence.

Needed file

At Global Migration Consultancy, we specialize in providing efficient and seamless support for obtaining Cyprus residency. Our dedicated document collection experts play a vital role in streamlining the application process by simplifying the required documents to focus on the essentials. We understand the importance of making the document collection procedure as simple as possible, and we are prepared to handle document acquisition on your behalf, minimizing your active involvement.

Please note that the requirements mentioned below are provided as general guidelines only. Rest assured that our team will thoroughly evaluate your unique case and create a personalized checklist based on your specific needs.

Questions and Answers

Common Problem

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