Cyprus, country strategically located at the crossroads of three continents (Europe, Asia, and Africa), has a very favorable tax regime for individuals and companies residing there.
Over 80% of the country speaks English and there are excellent education facilities including several UK universities with campuses on the island.
Cyprus has the lowest crime rate in Europe and is the 5th safest country in the world.
Applicants can secure permanent residency in Cyprus through investment in real estate.
The program is one of the fastest and simplest investor visa programs in Europe. As first option, it requires an investment of €300,000 into a property to gain the Cyprus residency permit.
The residency visa is granted within two months and covers the whole family.
The permanent residency program offers ease of travel throughout the European Union and requires just one visit to Cyprus by all family members once every two years.
The investment may be made by a company for which the main applicant and spouse are beneficial owners.
The investment can be into a maximum of two properties provided they reach the €300,000 permanent residency limit. The properties purchased must be brand new.
The second option is owning an active Cyprus company.
This allows the expatriate shareholders and employees of the company to apply for residency status.
And finally, those who take up employment in Cyprus, are naturally also allowed to reside in Cyprus.
