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Looking up to obtain residency in Europe? Cyprus Residency by Investment Program is one of the European business investor visa programs, which offer residence permit with direct investment into the real estate. Contact XIPHIAS Immigration, the certified investment immigration consultant which has solid ties with Country & businesses and aim to offer you the best investor visa service.
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Cyprus Residency by Investment Program www.xiphiasimmigration.com
INTRODUCTION Cyprusinvitesforeigndirectinvestmentintothecountrythroughthe purchaseofrealestatepropertiesinthecountrythroughtheirCyprus ResidencybyInvestmentProgram.ThecountryispartofEuropean Unionsince2004.Cyprusisknownforitshighstandardsofliving andforitbeinganinternationalcommercialcenter.Itisalsoknown asoneofthesafestplacetoliveinthewholeofEuropewithlowest reportedcrimerates.Thecountryalsoofferslowtaxregimeforits citizensandresidents. Cyprushastwotracksdefinedtoobtaintheresidencyinthecountry. Oneisthefasttrackandtheotheristhenon-fasttrack.Itisoneofthe rarestcombinationsofferedforBusinessInvestmentImmigrations.
Thefasttrackproceduregetscompletedinexactly2months’ time.At theendof2months,theinvestorgetshisCyprusPR.Heorshe,who isthemainapplicant,canbringhisfamilyalongwhoarealsohisor herimmediatedependents.Cyprusresidencyprogramdoesnot requiretheholderofthevisatovisitthecountry.Thepropertyshould bemaintainedforaminimumof5yearsandcanberentedoutas required.Forthefasttrack,theamountofinvestmentrequiredisa minimumofEuro300,000. Theprocesswouldbecompletedin2monthsstraight.Theresidency isgrantedforalifetimeandthustheapplicantneednotapplyfor renewalofthevisa.
However,theapplicantwillneedtovisitCyprusbeforethe completionofoneyearofapprovaloftheVISAtoobtainthephysical copy.Ifthisisnotcompliedto,thereisahighchanceofthevisa beingrevoked.RegularlytheholderoftheVISAwillneedtovisit Cyprusonceintwoyears.Cyprus’ andMaltaResidencyProgramsare prettymuchonthesamelines.Theinvestorwillhavetozeroinona propertywhosevalueisnolessthatEuro300,000.Outofthis,the investorwillbepayingEuro200,000initially. Theprogramdoesnotrequiretheinvestortoprovehislanguage abilitiesnorprovethesourceoftheamountinvested.Hesimplyhave tosubmitfewrequiredmandatorydocumentsfortheprocessing whichwillbesubmittedtoCyprus’ CivilregistryandMigration department.
IftheholdersofthevisavisitCyprusonceeverytwoyears,theyhold theresidencypermitforlife.Else,thevisacouldbewithdrawn,unlike PortugalGoldenVISAprogramwhichrequiresaminimumof fortnightstayinPortugaltomaintaintheresidencypermit. Thenon-fasttrackvisapathwayforresidencycouldtakeaminimum of15monthstoprocess.Therequirementsaremoreorlessthesame asthefasttrackvisapathway.Forthenon-fasttrackpathway,the investorwillzeroinonapropertywhosevalueisnolessthanEuro 150,000.Dependentchildrenandspousecanaccompanythemain applicant.Thispathwaytoodoesn’trequiretheinvestortoprovethe sourceoftheirincome.
Itisimportanthowever,topartnerwithimmigrationfirmslike XIPHIAStoeasetheinvestmentandimmigrationprocess.XIPHIASis oneofthetopinvestmentimmigrationfirmsinthecountry.Theyare ateamofcertifiedinternationalinvestmentexpertswhohavethe rightconnectionsacrosstheglobe.Theyprovideinvestment immigrationservicestoEuropeancountries,Caribbeanislands, Vanuatu,Canada,Australia,NewZealandandothers.Theyhave helpedhundredsofHNIstorealizetheirdreamsofinvestmentin foreignlands.Choosingtherightpartnerishalfwayuptheladderto reachone’sdreams. SOURCE: investment-program.html https://www.apsense.com/article/cyprus-residency-by-
Contactourimmigrationexperts Address XIPHIASIMMIGRATIONPVTLTD 8thFloor,B.M.T.C / T.T.M.CBuilding,6th Block,koramangala,Bangalore-560095. Phone, What's app Number +91-9019400500, +91-9886950101 Email Address immigration@xiphias.in Website www.xiphiasimmigration.com