Cyprus Settlement
Cypriot Permanent Resident by Investment Program
Become a Cypriot permanent resident after 13 months by investment and full value-added tax payment
ADVANTAGE
Get a permanent resident card fastly
Only after 13 months
2% reduction in real estate value
If put a deposit in Vietnam
Not required
- No foreign language requirement
- No health examination requirement
Tax incentives
- Corporate income tax: 12.5% (lowest in EU)
- Real estate tax exemption from 2017
- Conditional real estate transfer tax exemption
ENTITLEMENT
Right of permanent residence
Free-visa travel to EU countries
Enjoy social welfare policies like EU citizens
A spouse can do business in the EU area freely
Children enjoy the UK education system and get free school tuition in the public school until they are 18 years old
REQUIREMENT
Applicants
- From above 18 years old
- No criminal record
Forms of investment
Invest into real estate
A minimum investment
- Invest at least 300,000 EUR into real estate
- Pay 5% value added tax if that is a first residence real estate or 19% for cases left
Proof of funds
- At least 50,000 EUR for an applicant
- Add 15,000 EUR for the spouse
- Add 10,000 EUR for every child
Proof of legal investment
Proof of legal investment capital source
Residence period
Be physically present at least 1 day per 2 years to remain a permanent resident card
PROCEDURE
Sign a contract with SI Group, visit the project online, and sign the POA
Choose a real estate project and transfer investment
Prepare and apply for a permanent resident card
Receive an approval result
Go to Cyprus in order to get fingerprinted and receive a permanent resident card
Contact
What makes SI Group different is that each solution is tailored to suit the needs and specific conditions of each customer. We provide the most optimal solution specifically for you, while also committing to the success rate and completion time for each service. For accurate, fast and confidential advice, please contact the Hotline (+84) 979 355 355 or leave your information. SI Group's team with more than 20 years of experience is always ready to connect and provide free advice.
