Cyprus Business Investment Immigration Program
by XIPHIAS IMMIGRATION migration executiveCyprus, the beautiful island country located
to the south of Turkey invites all those high net-worth individuals to invest
in the country. Cyprus provides two different immigration pathways through Cyprus
Business Investment Immigration Program for the investors. Cyprus is
otherwise known as the Republic of Cyprus. Tourism is the back bone of the
economy of Cyprus. Investing in the real estate of Cyprus brings in the right
kind of returns that an investor would dream about.
Cyprus to improve the real estate market
and for get funding for their internal business invites high net worth
individuals to invest in the country. Cyprus is part of the European Union
since 2004. Although the country is located a little away from the main land of
Europe, it is well connected with most of the European countries. Cyprus offers
two separate pathways for investors to invest in the country.
1. Cyprus
Citizenship by Investment Program
Cyprus CIB Program requires the investor to
invest a minimum of Euro 2,500,000 in the country’s real estate. This
investment will invariably bring back the investor, his returns. The investor,
his/her spouse and dependent children upto the age of 28 years can obtain their
Citizenship through this investment. This investment should be maintained for a
period of 5 years. After which, the property can be sold or given to others for
the same purpose. The investor need not live in Cyprus for even a single day
and yet maintain the dual citizenship. With the second passport the investor
gets to travel to 100+ countries visa free and thus spread his/her wings of
business. Apart from the above value of investment, the Government of Cyprus,
expects the investor to contribute Euro 75,000 to the research and innovation
foundation and a mandatory contribution of Euro 75,000 should be made to the
Cyprus Land Development Corporation.
Cyprus provides its Cyprus Permanent
Residency program for all those high net-worth individuals who can purchase
Cyprus Real Estate for a minimum cost of euro 300,000. This program is easier
with less documentation and less risk. However, under this program, the
investor can invest in only 2 properties of Cyprus. The investor will have to
open a bank account in Cyprus and should transfer a minimum agreed amount into
the bank annually. Such deposits should be derived from a legal source of
either employment or business outside of Cyprus. The investor will receive
his/her PR Visa within 3 months’ time period. The investor and his/her
immediate family can avail this visa. To enter Cyprus, the investors need not
obtain any other visa.
The investor, irrespective of the pathway
chosen, will need to provide documents proving his/her personal net-worth and
the source of income. They will have to provide medical certificate to prove
their personal health both physical and mental. They will have to provide a
background check certificate proving their clean records, both socially and in
business areas. Any other document which can prove their worth and make their
file stronger can be provided.
Benefits
of Cyprus Investment Immigration Programs
1.
Cyprus is a country known for
low crime rate. The country is safe and believes that the residents be regarded
with utmost care and love
2.
The country is a tourist
destination and thus one gets to meet a number of people from across the world
and from different ethnicity
3.
The residents get to enjoy the
best infrastructure possible for livelihood.
4.
The residents get an access to
free state sponsored education
5.
The country has good, stable
education system
6.
Its tax regime is very
beneficial for new residents and citizens of the country
7.
It centrally located to 3
continents – Asia, Africa and Europe
8.
With just the Cyprus PR Visa,
one can travel across European Union without the need of any other visa
9.
With Cyprus passport the
investor can travel to more than 160 countries across the globe
10.
Cyprus has a good pool of
educated skilled professionals who can be valuable asset for the development of
any kind of business
XIPHIAS Immigration provides the best
possible business
investment immigration visa solutions. We offer the investor the right
possible investment options in Cyprus. We are tied up with multiple real estate
houses there and hence are at our client’s behest to help them with any kind
investment in Cyprus. We are a team of certified international immigration
experts.
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Created on May 23rd 2020 04:35. Viewed 416 times.