- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
- +97144308028
- Emaar Business Park, Dubai
- Monday - Friday | 9:00 - 18:00
Cyprus
Details and Benefits of Cyprus Residency By Investment
To attract foreign investments, the ministry of interior in Cyprus has introduced the Cyprus Golden Visa program based on Regulation 6(2) of the Aliens and Immigration Regulations.
Cyprus Golden Visa “Permanent Residency” is granted to qualified applicants and their families from non-EU countries upon passing the government’s due diligence process and meeting the set investment criteria. This is an excellent program for those interested in establishing a residency in Europe, looking for a place to retire, or hoping to access a wide range of quality healthcare and educational institutions.
Cyprus Golden Visa permit will be issued to the applicant within 2 months from the time of application.
Holders of a Cyprus Golden Visa can apply for Cyprus citizenship after 7 years of legal residence in Cyprus.
Advantages of Obtaining Cyprus Residency Through Investment
Permanent European residency
No tax on foreign income for non-residents
Access to world-class healthcare and educational facilities
Excellent warm climate all year round
Dependent children up to 25 years old can be part of the same application
Right to live, study, or invest in Cyprus
Fast-track application process
Residency permit holders need to visit Cyprus only once every two years to maintain their residency status
Steps and Timeline
Step 1: Prequalification of the primary applicant.
Step 2: Citizenship Bay and the client enter into a service agreement.
Step 3: Transfer the full investment amount into an escrow account in Cyprus.
Step 4: Advice and assistance are provided to the client with the
preparation of documents and government forms.
Step 5: Citizenship Bay will submit a complete application to the government of Cyprus on behalf of the applicant and his / her spouse.
Step 6: Government issues permanent residency permits for the primary applicant and spouse.
Step 7: The applicant and his / her spouse will travel to Cyprus to receive their residency permits.