Relocating with the Cyprus investor visa is probably one of the simplest and sure-shot ways to become a Cyprus citizen. It provides economic opportunities that speed up the immigrant investor’s chances of becoming a citizen. It is a service-oriented economy and has years of exposure to international residents.
Why Get Cyprus Citizenship?
Cyprus has a plethora of education, economic, and lifestyle opportunities for every resident. It has top-notch private schools for children and a service-based economy that can multiply an investor’s ROI in no time. When you get a Cyprus investor visa, you also get access to one of the best healthcare systems in the world. And yes – there’s definitely the charming, serene, and beautiful beaches of Cyprus that make it the perfect place for a comfortable life.
Relocating With Cyprus Citizenship By Investment:
Cyprus citizenship by investment is aimed at attracting investment from foreign businessmen and investors. It focuses on high-net-worth individuals who want to obtain a residency in the country. Once investors become residents, they can apply for citizenship after a period of 7 years. The eligibility criteria entail –
- No criminal record of the investor.
- No application for citizenship in other EU countries.
- Holder of a Schengen Visa.
- Own residential property worth €500,000.
- Mandatory €75,000 donation to the Foundation for Research and Innovation and €75,000 to Cyprus land development corporation.
Tax Incentive Through The Cyprus Investor Visa:
When investors become Cyprus residents, they also enjoy tax incentives in the country. Investors are considered tax residents if they stay for more than 183 days a year in the country. They receive full exemption from interest or dividend earned on investments. High net-worth individuals can benefit from those whose primary source of income is dividend and interest income.
Enticed To Get A Cyprus Citizenship? My Global Citizenship™ Can Help.
Cyprus is an attractive destination for investors from all over the world. The European destination is not only picturesque but also a hub for trade and commerce. If you’re an investor looking to move through the route of Cyprus citizenship by investment, contact us. We are a leading investment immigration company helping investors get citizenship in Cyprus. Contact us today.