Conditions for Obtaining the Cyprus Golden Visa - A Powerful Global Visa

Are the conditions for obtaining the Cyprus Golden Visa difficult? The answer is yes, but the benefits that this powerful visa brings are numerous. Let's explore the detailed information compiled about this top 10 global visa in the article below.

Overview of the Cyprus Golden Visa Program

The Golden Visa program is considered a gateway to Europe. By becoming a permanent resident of an EU country, investors will officially become EU citizens after about five years.

The Powerful Cyprus Golden Visa Program

Apart from popular investment immigration programs such as those in the USA, Australia, and Canada, there is growing interest in European residency programs. Among them, the Cyprus residency program, known as "The Cyprus F Visa," has been in place since 2012, requiring a minimum investment of 300,000 EUR. Approved applicants will receive the Cyprus Golden Visa, granting permanent residency for three years. Cyprus also offers a "fast-track citizenship" program for investors with a minimum investment of 10,000,000 EUR as per the country's regulations.

Specific Ways to Obtain the Cyprus Golden Visa

Notably, the conditions for obtaining the Cyprus Golden Visa can be met through real estate investment. The Republic of Cyprus provides two policies for issuing the "golden passport" to investors for the purpose of residency or citizenship acquisition.

The Republic of Cyprus offers two "Golden Passport" policies.

Investment Program

The quickest and most assured way to gain citizenship in the Republic of Cyprus, a European country, is through the investment program. The minimum requirement is an investment of 2 million EUR in real estate, along with a contribution of 100,000 EUR to the Government Research and Development Fund and another 100,000 EUR to the Land Development Organization.

Cyprus commits to granting citizenship to those who meet these conditions within six months, regardless of language proficiency or health status. However, the citizenship-by-investment program was suspended as of November 1, 2020.

Minimum Investment of 300,000 EUR

To settle in the Republic of Cyprus through real estate investment, a minimum investment of 300,000 EUR is required, and the visa will be issued within two months for the entire family. This visa is valid for the parents and children under 25 years old of the applicant, as well as their spouse if applicable.

The Cyprus Golden Visa offers many benefits to its holders

This permanent residency policy allows the passport holder to freely travel within the European Union and only requires a visit to Cyprus once every two years for the entire family. The investment can be made through a company owned by the applicant or through the company of their spouse.

Conditions for Obtaining the Cyprus Golden Visa

To be granted a permanent residence card in Cyprus, you need to meet the following conditions and provide the necessary documents:

• Valid passport copy.
• Detailed resume.
• Original police clearance certificate from all previous countries of residence, along with official and certified translations.
• A signed declaration stating that the investor does not seek employment in Cyprus (except as a director in the invested company).
• Proof of property ownership or purchase agreement, or evidence of shares or units bought in Cyprus.
• Bank confirmation of the payment of the purchase value of at least 300,000 EUR and receipts of payment.
• Documents proving an annual income from abroad of at least 30,000 EUR, with additional amounts if applying for children aged 18 to 25 or parents.
• All documents must be submitted in English or Greek; otherwise, they need to be translated into English by a certified translator.

List of Required Documents for the Cyprus Golden Visa

If the permanent residence card application includes a spouse and children under 18 years old, you also need to prepare:

• Valid passport copies for each family member.
• Valid marriage certificate, along with official and certified translations.
• Birth certificates of each child, along with official and certified translations.
• For real estate purchases, the primary applicant must register the purchase agreement at the Land Registry Office and pay at least 200,000 EUR plus VAT to initiate the registration. The bank deposit must be transferred into the seller's bank account in Cyprus and must be transferred from abroad.

High Success Rate Cyprus Golden Visa Service

The Cyprus Golden Visa program offers a unique opportunity for foreign investors wishing to settle and obtain citizenship in the Republic of Cyprus through real estate investment. If you wish to come to Cyprus with the golden visa, our company has a legal advisory team committed to providing comprehensive support in all aspects of legal consulting.

We have successfully implemented Cyprus residency programs and other European residency programs, helping thousands of families build new lives. If you are interested in obtaining the Cyprus Golden Visa, please contact us at https://quoctichthuhai.com/ for prompt assistance.