Cyprus Residence by Investment (CIP)

Cyprus, with its warm and stable climate and convenient geographical position, is considered an attractive place for both business and residence. The investment landscape in Cyprus is beneficial due to the island’s well-qualified labor force and a reliable transport and telecommunications system.

Cyprus has a modern, free-market, service-based economy, where in conjunction with its effective and transparent regulatory and legal framework, it offers international investors and businesses confidence to invest, grow and prosper. Cyprus was ranked number 53 out of 190 countries on the World Bank’s Ease of Doing Business Index 2018. A number of new measures have been put into place designed to reboot the economy in the wake of the massive and difficult restructuring of the country’s banking sector, which aim, among other things, at helping stimulate economic growth.

Advantages

• A European Union (EU) member country
• One of the easiest countries to obtain residence
• Spouse, and children up to 25 years old can be included
• Safe living environment, a beautiful location with a great quality of life
• Have a chance to apply for citizenship after 7-10 years living in Cyprus
• Can own companies in Cyprus and receive dividends
• Opportunity to own Freehold property
• No inheritance or wealth taxes and no property taxes
• Low corporate tax with rate 12,5% 
• Cyprus is on the final step to join Schengen zone 

Requirements

• Must purchase a qualifying property at least €300,000 + VAT in Cyprus
• Must prove an overseas annual income of at least €50,000 for main applicant, plus €15,000 for spouse, and plus €10,000 for each dependent minor children. 
• No criminal record
• In good health
• Must have acceptable Medical Insurance Investment

For more information, please contact our hotline: +84 911 60 22 44 (Multi line)