Permanent Residence In Cyprus-ANTRELI INVESTMENTS & DEVELOPERS. LTD

Permanent Residence In Cyprus

Permanent Residence In Cyprus
Buying a set of real estate worth at least 300,000 Euros you can obtain permanent residence in Cyprus. The spouse and dependent family members of the applicant can also apply for permanent residence at the same time. There is no need to renew the right of permanent residence. Applicants can set up a company in Cyprus without actually living in Cyprus. They only need to be in Cyprus once every two years and stay in the country for at least one day. In terms of children's education, they can study in Greek-taught public schools for free or choose an all-English international school at your own expense. This program also includes adult children under the age of 25 who are unmarried can also apply.

Advantage

Whole Family
Spouse-dependent family members
Cyprus permanent residency covers two generations, that is, the main applicant, the spouse, underage children and adult children (below 25 years still study and unmarried).
You are eligible to become a European citizen. A permanent resident of Cyprus can apply for citizenship of Cyprus after living on the island for a certain period of time.
Investment Method
The real estate investment cost 300,000 euros, two months fast-track application, the property needs to be a new. Freehold land lease, passed on from generation to generation, no inheritance tax Permanent residency is valid for life, only need to be in Cyprus once every two years, for at least one day;
Investment in real estate (excluding houses / apartments): Purchase of other types of real estate such as offices, shops, hotels or similar developments or a combination of these with a total value of € 300,000. These properties can also be resold;
Investment in share capital of a Cyprus Company with activities and staff in Cyprus: Investment worth € 300,000 in share capital of a company registered in the Republic of Cyprus, which is domiciled and operates in the Republic of Cyprus and has a proven physical presence in Cyprus and employs at least five (5) people;
Investment in shares of Cyprus Investment Organization Collective Investments (type AIF, AIFLNP, RAIF): Investment worth € 300,000 in shares of Cyprus Investment Organization Collective Investments;
Visa Requirements

Permanent residence cardholders can travel between their country of origin and Cyprus freely without a visa.

Schengen Area

Cyprus has joined the ranks of EU countries in 2004, has initiated the Schengen process, and will soon join the Schengen area. It is expected that Cyprus, Romania, Bulgaria and Croatia will soon join the Schengen area.

Qualifications And Requirements

· Must at 18 years old and have no criminal record
· Spouse and underage children and unmarried children under 18 or 18-25 studying full-time
· Permanent residency status can be obtained within 2 months
· Immigration demands to be in Cyprus once every two years
· Threshold is low, there is no requirement for capital sources and business experience, the investment amount is low, real estate investment is accepted, stable and risk-free
· Dual nationality is recognized, freehold land lease, Can be passed down from generation to generation, one person can apply, two generations of a family can obtain immigration status
· After a total of 7 years of residency one can apply for naturalization for 5 years, after obtaining a passport, one is free to travel to and from 170 countries and regions
· Valid passport copies of the applicant and his family and their curriculum vitae
· It is necessary to prove that the investor's annual income overseas is at least 50,000 Euros (tax return declaration from the country where applicant declares tax resident or through official certificates from an independent Certified Accountant)
· Has purchased a real estate contract (original) with a value not less than 300,000 euro in Cyprus
· The purchase amount must be a remittance from abroad to Cyprus
· The main applicant and family members must sign a declaration of not being employed in Cyprus. (* when after hold the PR can register the own company from Cyprus in order to create revenue)
· The main applicant and family members must purchase medical insurance
· The main applicant and family members must submit both in their original language and an English version of the dual-certified notarized certificate of no criminal record (if the applicant is residing overseas, the dual-certified document of the certificate of no criminal record of his current residence is required)
· Marriage certificate (dual certified notary certificate)
· Child's birth certificate (dual certified notarized certificate)
· In addition to the main applicant, his/her spouse and children can also apply for permanent residence at the same time. The main applicant’s spouse and children need to add an additional income certificate of 15,000 euros per person and 10,000 euros per child to the 50,000 euro income certificate (such as a family of three 50,000+15000+10000=75,000 euros)