Cyprus Permanent Residence Program

On May 2, 2023, the Government of Cyprus amended the Cyprus Permanent Residence Investment Law, effective from that date. The main applicant must have a stable overseas income of no less than €50,000 per year and purchase a new residential property or commercial real estate in Cyprus worth more than €300,000 (net value), allowing the entire family to apply for permanent residence in Cyprus.

1. The investor must be at least 18 years old

2. No criminal record

3. Purchase a residential property or commercial real estate in Serbia worth over 300,000 euros (net value)

4. The main applicant must have a stable overseas income of no less than 50,000 euros per year

◆ If applying with a spouse, the main applicant's annual income must increase by 15,000 euros.

◆ For each additional child, the main applicant's annual income must increase by 10,000 euros.

• Fast processing speed, approval can be obtained in about 3 months
• Simple method, purchase of property can directly grant residence rights in EU countries
• Flexible thresholds, no management experience, no language requirements, no immigration supervision
• Enjoy the benefits of EU countries, with the freedom to live, study, and work
• Favorable tax system, a destination for business, career expansion, and investment management
• Cyprus is about to become a new member of the Schengen Area, enhancing the value of residency
• Children can enjoy free British education and can also gain admission to prestigious mainland schools as overseas Chinese students with lower scores
• Holding permanent residency in Cyprus allows enjoyment of the national healthcare benefits of Cyprus

1. Consultation and signing of the agreement

2. Selecting the property, signing the purchase contract, and paying the deposit

3. Signing the lawyer authorization letter

4. Preparing immigration application documents

5. Paying the remaining purchase price

6. Submitting the immigration application

7. Immigration application approval

8. Arriving in Cyprus to provide fingerprints within one year

9. Issuing permanent residence card

10. Lawyer collecting the identity card and sending it to the applicant

In 2011, we were among the earliest to introduce the Cyprus Permanent Residence and Citizenship by Investment Program to China, starting an exciting journey of investment immigration in Europe;

In 2014, the 'Paphos Night' events in Beijing and Shanghai were investment and cultural exchange activities themed around European cities in China;

As one of the top 500 brands in Asia and with over 20 years of focus on investment immigration, WorldWay has maintained a good interaction with the Cypriot government for many years, making us a reliable choice for your Cyprus immigration process.

 

Many of WorldWay's Cyprus immigration clients have been approved