CYPRUS PERMANENT RESIDENCY PROGRAM

 The Cyprus Permanent Residency (PR) program offers non-EU individuals a permanent visa for entering, staying, and living for a lifetime in Cyprus within a few months, with a minimum real estate investment of €300,000 + VAT. The process is fast and easy and covers all dependent children up to 25 years old, as well as parents under certain conditions.

Benefits of Cyprus Permanent Residency Program

● Benefits apply to the entire family, including the spouse, children up to 25 years old, and parents (subject to an additional investment of € 300.000 + VAT in a separate property)  ● Applicants who obtain PR have the right (under conditions) to apply for a Cypriot Passport within 7 years, provided they have stayed in the island for a total of 5 years.● Enables you to travel through Europe with ease.● Cyprus offer the lowest personal and corporate tax rates in the EU, and double tax treaties with almost 60 countries.● Reduced 5% VAT on First Property Purchase.● PR Holders can benefit from ZERO TAX on Worldwide dividends & interest for 17 Years under the Non-Dom Tax Regime.● Children granted PR retain it even after turning 25 or getting married, as long as they remain Financially Dependent.● Advantageous for the permit holder to establish a company or business of his/her own.● Enables easier application for Schengen Visas through any Schengen European Embassy.● High standard educational Institutions and healthcare facilities.● There is no need to pay all the money from the beginning and the property does not have to be completed before getting the Permanent Residency.● Cyprus has the Lowest Criminal Rate in Europe.