Cyprus Permanent Residency Permit (P.R.)

   Are you looking in establishing your permanent residency in a European country ? Cyprus, a full state member of the European Union, offers the optimum scheme and can easily be your HOME when it comes to which country of EU to choose. Cyprus offers the simplest way ahead by investing on real properties on this lovely, welcoming Mediterranean island. Foytina can help you find it for FREE !  Just contact us

   The Cyprus fast-track Permanent Residence Programme enables the granting of a permanent residence permit to foreigners who intend to invest in Cyprus, provided that the following requirements are met:

   - Residential or other property with minimum market value of € 300,000 + VAT is purchased in Cyprus

   - Secured annual income from abroad and from sources other than employment in Cyprus

   - Funds transferred from abroad and deposited in a Cyprus Bank in a three year Fixed Deposit Account

   - The residence permit holder must visit Cyprus at least once every two years to maintain his/her status

Additional Benefits

   - No language requirements

   - Cyprus is a common law jurisdiction

   - Property acquired is freehold

   - No inheritance tax

   - No immovable property tax (since 2017)

   - Low property tax

   - Zero Capital Gains Tax for every property purchased 

   - Reduced 5% VAT (from 19%)

   - Strategic location: at the crossroads of three continents: Africa, Asia and Europe

   - Access to beaches, mild climate, and tourist destinations in Cyprus

   - Lowest crime rate in Europe

   - High-standard educational institutions and healthcare facilities

   - Advanced infrastructure and modern airports with connections to all major destinations

   The above information is subject to change based on Cyprus government resolutions. For more information please feel free to contact us

The 'Foytina.Com' Team