Southern Cyprus – Residential permit through investment.

Southern Cyprus offers an attractive pathway to residency and citizenship. Through their permanent residency program, individuals can obtain permanent residency by investing a minimum of €300,000 in real estate. This program boasts several benefits, including visa-free travel within the European Union and access to high-quality healthcare and education. After residing in Cyprus for five years and meeting specific requirements, you can even apply for Cypriot citizenship, granting you the freedom to live, work, and study anywhere within the EU.

Key features of the Cyprus Residency by Investment Program:

  • Minimum investment of €300,000: The program requires an investment of at least €300,000 in residential or commercial property in Cyprus.
  • Eligible family members: Spouses and children under the age of 21 can also be included in the application.
  • Fast processing time: Applications are typically processed within 2-3 months.
  • Path to EU citizenship: After five years of residency, investors can apply for Cypriot citizenship, which grants access to all EU member states.

Official Proof of Funds:

It’s important to note that one of the key requirements for the Cyprus Residency by Investment Program is the official proof of funds. This means that the investor must provide documentary evidence that the funds used for the investment were obtained legally.

Bank Transfer:

To participate in the program legally, you must transfer the funds to a Cypriot bank account from your personal account. Cryptocurrency is not accepted as a form of payment.

Type of Property:

The type of property you invest in does not matter. It can be an apartment, a villa, or commercial property. The main thing is that the property has a cadastral valuation and the transaction is officially completed.

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