Time To Residency
- Cyprus Country profile
- Benefits of the program
- Investment requirements
- Visa-free and visa-on-arrival country list
About the program
As of 2016, the government of Cyprus allows applicants to obtain a permanent residency by investment.
To qualify, you are required to be over 18 years of age, in good health and without a criminal record.
Additionally, you are required to deposit capital in a financial institution in Cyprus, which will be pledged for 3 years.
You are also required to make a real estate purchase and provide proof of a secure annual income for yourself and all dependants.
Permanent Resident status
As a resident of Cyprus, you and your family can freely reside in the country.
Pathway to citizenship
If requirements are met, this residency program can lead to Cypriot citizenship.
Health & Education
As residents, you and your family will have access to the best universities and schools, and world-class healthcare.
Cyprus has one of the lowest taxation rates in Europe, with no foreign income tax, inheritance tax and withholding tax on interest earned.
You can register a company or be a shareholder in any Cypriot company.
Dual Residency permitted
Cyprus allows dual residency, permitting you to keep your existing nationality and any other residencies.
Main applicant requirements
- 18+ years of age
- Good health
- No criminal record
- Successfully pass due diligence checks
- Confirmed investment sources
- Spouse of the main applicant
- Children (biological or adopted) under 28 years of age
- Dependant parents
*Parents and children older than 18 must be dependent on the main applicant.
The expected timeframe for the application process is 6 months. The first stage of the document collection can differ in length depending on the applicant’s ability to gather the documents. Our team guides this process with samples and best practice advice.
The reviewal stage is subject to the respective Government schedule and can be impacted by factors which we, as authorised agents have no control over. Savory and Partners collaborates with the Government throughout the entire process, and we aim to provide the quickest and smoothest experience for the applicant.
Read about the process steps in detail here.
Based on the Citizenship Act [CAP 112], the Vanuatu Citizenship Commission grants Honorary Citizenship to individuals under Vanuatu Development Support Program.
Cyprus grants Non-EU nationals the right to permanently reside in Cyprus with no renewal requirements. The Permanent Residency is granted to third-country nationals, who apply under Regulation 6(2) of the Aliens and Immigration Regulations, provided that they fulfil the Financial Criteria.
Q: Can I include my family when applying for Cyprus Residency by Investment Program?
Yes, you can include qualified members of your family in the application or add them after you have obtained your citizenship for an additional fee. A qualified family member can be a child not older than 25 years, a spouse, and parents and in-laws older than 50 which are financially dependent on the main applicant.
Q: Are there any interviews, language tests, or work experience requirement when applying for Cyprus Residency by Investment Program?
The Government of Vanuatu does not require you to pass any interviews, language tests or have previous work experience to be able to apply for this program.
Q: Do I need to visit Vanuatu before obtaining my citizenship?
You are not required to visit Vanuatu before or after obtaining your citizenship, you are, however, welcome to visit and explore the country.
Q: Does Vanuatu provide a biometric (ePassport) passport?
Yes, the passport of Vanuatu is now a biometric passport, also known as an ePassport.
Q: How many pages does the Vanuatu passport have?
The new biometric passport of Vanuatu has 32 pages.
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