Cyprus Permanent Residence under INR 3 Crores/ EUR 300,000 get European Residence in 2 months Right to live and study in Cyprus with low cost of living & no inheritance tax

Cyprus Permanent Residence under INR 3 Crores/ EUR 300,000 get European Residence in 2 months

Right to live and study in Cyprus with low cost of living & no inheritance tax

Benefits & Requirements

Cyprus has the lowest crime levels in the EU

A relatively low cost of living and no Inheritance Tax It has high quality healthcare and offers access to leading medical centers.

The main requirement is one of the following investment options: Purchase of new immovable property of a total market value of at least EUR 300,000 plus . The property can also be bought by a company provided that the company is registered in the name of the applicant or the applicant and their spouse. Purchase of up to two new or used immovable non- residential properties (offices, shops, hotels, or other developments) of a total market value of at least EUR 300,000 plus VAT

Share capital of EUR 300,000 of a physical company registered and operating in Cyprus, which employs at least five people

Units of EUR 300,000 in the Cyprus Investment Funds Association’s collective investments (AIF, AIFLNP, RAIF)

The applicant must provide supporting evidence of a secured annual income of at least EUR 30,000 deriving from abroad. This income must increase by EUR 5,000 for the spouse and every additional child and EUR 8,000 for each dependent parent. The income may include, for example, salaries from employment, rents, pensions, and dividends from shares.

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