Cyprus

Cyprus Golden Visa

For investors who wish to become permanent residents.

Eligibility Criteria:

To qualify for a Cyprus Golden Visa, an applicant must meet the following criteria:

1. Clean Background & Health

The applicant must have no criminal record or be blacklisted for visa applications with the Cypriot government.

2. Qualification

3. Requirement

Submit a title deed or deed of sale in applicant’s name filed with the Department of Land and Surveying for a residence or other building with a market value of at least €300,000 (plus VAT, if applicable) and provide official receipts of payment.
The investment property declared as the permanent residence of the family, must have sufficient bedrooms to satisfy the needs of the main applicant and his/her dependent family.
The funds to be used for the investment must be proven to have come from abroad from the main applicant’s account or spouse, provided that he/she is included as a dependent person in his application.
Income should come from salaries for work, pensions, shareholder dividends, permanent deposits, rents, etc., coming from abroad, which will be proven.

4. Net Worth

The annual income of the applicant can be proven either through tax returns from the tax resident country or through official certificates from an independent chartered accountant. The income of the applicant’s spouse may also be taken into account in calculating the total income.
The applicant must be able to prove an insured annual income of at least €50.000. The annual income increases by €15.000- for the spouse and €10.000- for each minor child.

Application Process:

Applying for a Cyprus Golden Visa requires:

1. Investment

2. Documentation

Submit application on form MIP (1) to the Civil Registry and Migration Department or to the District offices personally, through post or through a representative. The presence of the applicants isn’t necessary, as the paperwork can be undertaken by a lawyer.

3. Government Processing

The Ministry of Interior shall inform the applicant/representative through the Civil Registry and Migration Department of their decision within 2 months.
The application will be examined by the Migration Department and
submitted to the Minister of the Interior for a decision.

4. Apply for Permanent Residency

Once the approval has been granted, the applicant must visit Cyprus within one year to obtain the actual permit card.

Benefits:

Successful Cyprus Golden Visa applicants can gain the benefits of:

1. Permanent Residency

Grants immediate unconditional permanent residency to the applicant plus eligible family members with no visa conditions.

2. Flexibility

Swift processing time of 2-6 months.
Remote application service
Freedom to live in Cyprus with limited residency requirements – 1 day every 2 years
No renewal requirement – Permanent Residency Permit is for life
No global tax consequences
Apply for a Schengen visa in less than 1 week.
Can own or establish a business or set up a company as an intermediary for import-export.
Access free education & healthcare

3. Pathway to Citizenship

After 7 years of permanent residency & living full time in Cyprus for 5 years, the applicant and their eligible family members can apply for Cypriot EU citizenship.

Why Choose ISAFORD Immigration for Your Cyprus Golden Visa Application?

Make ISAFORD Immigration your choice for:

1. Expert Guidance

Our team of experienced immigration professionals will guide you through every step of the Cyprus Golden Visa application process.

2. Personalized Support

We provide tailored assistance to highlight your unique qualifications and ensure your application standard out.

3. Proven Success

With a high success rate in securing Cyprus Golden Visas for our clients, we are committed to helping you achieve your immigration goals

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