Investment Program
Cyprus is a full member of the European Union and a commonwealth country. It is not a surprise that Cyprus passport is one of the strongest in the world. Apart from being able to live and work all over the Europe, there are 148 visa free countries for a passport.
Cyprus allows dual citizenship. That means there is no need to renounce the previous nationality neither to announce new nationality. Moreover, there is no residency requirement as the investors must visit Cyprus once every seven years.
As a European citizen you have the right to vote and stand for European Parliament elections. Also, you have protection by the diplomatic or consular authorities of any EU country.
We, at G & V Hadjidemosthenous Ltd provide two immigration programs by investment for Cyprus. Each has different requirement and procedures.
Permanent Residency
The first step to Cyprus citizenship is the Cyprus Permanent Residency. The investor is entitled for a permanent visa for him and his family only by investing 300k + VAT in a residential property.
Requirements
- Purchase a property of at least 300,000 euros + VAT
- The main applicant needs to prove € 30,000 per year income, for every dependent of the main applicant € 5,000 euro per year additional income is required.
- € 30,000 fixed deposit in a Cyprus bank for 3 years.
- 70% of the housing fund must be paid in order for the fast track procedure to start (approved within two months)
Documents Needed
You will be required to provide our legal team with the following documents:
· Copy of passport
· Copy of Birth Certificate
· Copy of Marriage Certificate
· Certificate of clean criminal record
· Two passport size photographs
· Curriculum Vitae (CV)
· Statement by the applicant that he/she does not intend to work in Cyprus
Process of Obtaining
Come in contact with G & V Hadjidemosthenous Ltd.
Choose a house investment of more than 300k + VAT
Provide our legal team with the following documents:
· Copy of passport
· Copy of Birth Certificate
· Copy of Marriage Certificate
· Certificate of clean criminal record
· Two passport size photographs
· Curriculum Vitae (CV)
· Statement by the applicant that he/she does not intent to work in Cyprus
We proceed with the application to the Ministry of Interior. The examination period is about two (2) months.
After the approval of the application we arrange an appointment for the fingerprint submission in the immigration department.
After the approval you get the Permanent Resident (PR) statues. At this stage we have a 100 % pass rate.
