Worldway Immigration News: Major good news. Worldway Immigration's Cyprus branch has learned that the Ministry of Interior of Cyprus officially implemented new regulations on February 8, 2016: Applicants holding permanent residency status in Cyprus will now be issued residence identity cards, replacing the visa stickers in passports. For permanent residency applicants, it is now possible to add the parents of the main applicant and their spouse as dependents. These two new regulations are significant benefits for Cyprus immigration and will further stimulate the country's investment immigration boom.
1. For permanent residency applicants, identity cards are now officially issued, replacing the visa stickers in the applicant's passport.
Procedure: Each applicant must personally travel to Cyprus to process the application, provide fingerprints, and have their photo taken.
2. For permanent residency applicants, it is now possible to add the parents of the main applicant and their spouse as dependents.
Procedure: The main applicant must submit a new application form + relevant application documents for the parents + new proof of income for the main applicant (proving sufficient funds to support the parents' living expenses). Processing time: Approximately 2-3 months.
New Cyprus Immigration Policy Released; Don't Miss the Opportunity for Real Estate Investment
With the release of the new Cyprus immigration policy, in addition to the issuance of residence identity cards for permanent residents, it is reported that the "citizenship by government bond investment" program will be closed. Real estate investment will become the premier choice for citizenship programs. Purchasing estate properties to quickly obtain an EU passport is bound to become a hot trend; applicants should act quickly to seize the opportunity.
Worldway Immigration Exclusively Launches 99 Mediterranean Estates for Investment Immigrants to Snap Up
Today, choosing Cyprus estate-type investment immigration is an excellent option for wealth appreciation and global asset allocation, and it is favored by Chinese investors. The President of Cyprus has announced a series of tax reduction measures, including halving real estate transfer fees and exempting capital gains tax. This means that purchasing estate-type real estate for immigration to Cyprus will result in lower tax costs, and allocating wealth to estates will offer better appreciation potential. For details, please consult: 400-138-2929
