Cyprus Residency by Investment is an enticing and more attractive permanent residency option in Europe. This pathway can be constructive for those entrepreneurs and investors who are looking for a cheaper and faster option as opposed to the citizenship route. The pathway requires to purchase real estate property with a net value threshold of EUR 300,000 (INR 2.62 Crore). This route can also beneficial for those who don’t want to surrender their native residency and enjoy the benefits of both the countries. It is also as one of the cheapest way to acquire permanent Residency in Europe with 2 months of fast track processing time
* Cyprus is not officially a part of Schengen Zone, therefore you would need a Schengen Visa to travel the Schengen countries. Cyprus Govt. has submitted the application to join the Schengen Zone, once approved then the Cyprus permanent residency visa holders can travel freely throughout Europe.
Upon meeting the Cyprus Residency by Investment requirements, you can attain the permanent residency hassle-free:
Stage 1 – Property selection and purchase
Stage 2 – Opening a bank account in Cyprus
Stage 3 – Documentation Preparation
Stage 4 – Application submission
Stage 5 – Approval and PR Card
You can expect the application processing time as fast as possible under Cyprus residency by investment. The permanent residency can be attained within 2 months. The application fee is at EUR 500 (INR 44,000) upon the application submission and an additional EUR 50 (INR 4,400) for biometric process.
How Abhinav can help for Cyprus Residency by Investment:
Cyprus permanent residency process is no cake-walk when it’s done without any professional help. You would require a team of documentation experts to navigate through the complex documentation requirements and legal process. We at Abhinav, provide legal advice on investment, application process, documentation, down to the smallest detail, etc. With 29 years of legacy in Business Immigration market, we have exceeding in catering our client’s needs straight out of our local knowledge of the market and understanding of political and cultural sensitivities.
Are you ready to start with us? Just fill our free assessment form or call us at
(+91) 859 533 8595
and let our immigration experts help you make the move as smooth as possible.