The Most Attractive Investor Immigration Programme
Immigrating to a discrete nation as a country in Europe is not an easy process. But relocating to Cyprus is smooth. Once you come as an expat/tourist to the aforementioned 3rd largest island in the Mediterranean Sea, you will try to find a way to stay there.
So, what makes this country noteworthy? With an estimated population of 1,207,359 (announced by the UN), Cyprus offers astounding weather to live in & alleviate lifestyle. According to the survey of statistical services, Cyprus welcomed over 3.976 million tourists in 2019. It is the ideal holiday destination all around the year. Approximately 70,000 Brits live in Cyprus (including some living for a short-term) and nearly 15,000 applications from Britons to live in Cyprus since the Brexit referendum. The Republic of Cyprus is also the home for about 110,000 foreign permanent residents and between 10,000 and 30,000 undocumented immigrants.
C.Savva & Associates LTD (S&A) assists you with unbeatable support to get through the Cyprus Investment Programme to get a Cyprus citizenship.
How can you obtain a Cyprus Citizenship?
It’s an illustrious fact that if you’re born in the country with at least one Cypriot parent then you are as a matter of course the citizen of the nation. Acknowledge that individuals born overseas with at least one Cypriot parent also have the right to become inhabitants of Cyprus.
This might be the most famous way. There are three more ways which will be described below.
Cyprus Citizenship by Naturalization
If you’re over 21 and have lived in the country for 7 years without any comeuppance from the government authorities, your Cyprus citizenship will effectuate.
Cyprus Citizenship by Marriage
An individual who is a 2-year statutory resident & espoused to a Cyprus citizen can acquire the citizenship after 3 years of complete marriage with a proven statement that reinforces a nonviolent relationship.
Cyprus Citizenship in 6 months via the Cyprus Investment Programme from S&A.
Cyprus is a snug EU nation that allows direct citizenship through the investment route. The Civil Registry Laws of 2002-2013 and the Cypriot Government implemented immigration policies, encouraging a way of acquiring Cyprus Citizenship by Investment. This stratagem is permitted to all nationalities & doesn’t even necessitate to reside in Cyprus. Individuals can effortlessly acquire citizenship and Passport in 6 months of the administration. To attract high net worth individuals to invest in Cyprus the Council of Ministers, on the 13th/Sep/2016, revised the Scheme for Naturalization of non-Cypriot investors.
Our world is moving fast and things are expedited within a matter of clicks. We can’t control where we’re born but it’s possible to plan a destination to live. Restriction to step in another nation limits the course of advancement. This is why most of the individuals are getting a second passport. The entire island and the Republic of Cyprus is a part of the European Union (excluding the northern part under Turkish control). This enables the passport holder an instant travel to 171 countries and the right to live & work anywhere within 28 countries in the European Union because of the Schengen Agreement. That is one of the freedoms investors appreciate.
Only 700 high net worth individuals can apply for investor immigration per year. The immigrant must invest at least €2,150,000 in the country to acquire the citizenship of Cyprus (that includes €2 million in residential real estate for 5 years and pay €150,000 which is used by the government for economical housing and research).
Essential benefits for being a Cyprus passport holder:
- The advantage of the taxation system of Cyprus which is very favoured.
- Candidate, wife, and dependent children below the age of 28 acquire citizenship and a second passport.
- Free movement of Service, Capital and Goods
Note: At the end of five years €1,500,000 can be given back if the investor maintained at least €500,000 in real estate for the rest of his life.
Unable to reserve the government quota, Cyprus postpones the application for the following years as per the policies. That is why high-end entrepreneurs/businessmen should hire professional associates to minimize the competition with the procedure for Cyprus citizenship & the passport.
C.Savva & Associates LTD (S&A) has a team of highly experienced professionals who advice, assist and manage the whole process of a citizenship application, adapted to the particular facts and circumstances of the client. They are one of the leading companies in the area of Immigration Services in Cyprus. Working together with the world´s largest and well known international law firms, they are specialists on a high reputable level.