Our exclusive design partners – licensed architectural firm – are available to consult on a range of architecture and interior-design briefs, including: penthouse and luxury apartments, townhouses, villas, private residences, hotels, hospitality destinations and residential developments. The creative duo’s vision is based on the constant search for higher quality, by keeping with all that is good in contemporary lifestyle trends.
• Purchase a housing unit or a combination of a housing unit and a shop/office or two housing units in Cyprus of total market value of at least €300.000 (plus VAT) from a Cyprus development company. The application can be filed if the amount of at least €200.000 (plus VAT) has already been paid
• Maintain a fixed term deposit in a Cyprus Banking Institution of €30,000 for three years
• Prove a secured annual income of at least €30,000 generated from sources abroad (increased by €5,000 for each dependent person and €8,000 per dependent parent or in-law parent)
• Have a clean criminal record
• Visit Cyprus once every two years
• Declare the intention not to be employed in Cyprus (applicants can be shareholders in a Cyprus Company and receive dividends)
• Have a Health Insurance Policy (plan A)
• Family Package
• Permanent residency for spouse, parents and dependents
• Allow applicant to purchase property
& live indefinitely in Cyprus
• Valid for life, no renewal
• No tax on worldwide income
• Accelerated process (2 months) from the date of submission of the application
• May lead to Citizenship after 5 years of PR
• Residence in Cyprus for 7 consecutive years before submission of application (aggregate of 4 years of stay during the 7- year period qualifies as 7 years of residence)
• Continuous residence in Cyprus during the 7th year (year before application)
• Permit holders cannot be absent from Cyprus for more than 2 years
• Evidence of good character
• Evidence of intention to permanently reside in Cyprus
REAL ESTATES €300,000 +VAT
GOVERNMENT APPLICATION FEES €500 +70 per
applicant
CASH DEPOSIT (held in a CY bank for 3 years) €300,000
When considering comparable Residency Programmes in the EU, the Residency by Investment scheme for Greece offers all the advantages of the Europe- an community at an unparalleled affordable cost. The PR permit may be renewed every 5 years and is valid for the period in which the investor holds ownership of a property in Greece, the value of which exceeds €250,000. Application for full citizenship is also possible.
The Permanent Residency by Investment Programme for Greece grants investors and their families the ability to live, study and establish their business in Greece whilst being allowed to travel freely though all European countries. The Residency permit can also be granted to the main applicant’s (property owner) family members, i.e. spouse and any dependants below the age of 21.
Travel and Residency
• Travel directly from your country of origin to any Schengen country, including the United Kingdom
• Allowance to travel and reside freely within the Schengen area for up to 3 months every 6 month period with rights to multiple entries
• No requirement to reside in Greece
Family Security
• Residents and Citizens have the right to attend schools and universities within any EU country; Citizens for free or at heavily subsidised ‘EU national’ rates
• Access to state of the art healthcare systems
• The Greek Permanent Residency Programme applies to spouses as well as all dependants under the age of 21
• Purchase of one or more properties in Greece with a minimum value of €250,000
• The real estate property must be owned by and be in possession of the applicant
• Applicant must hold a valid passport
• Applicant must not hold a criminal record
Business
• Freely open bank accounts and expand investments worldwide
• Tourism is a major source of foreign revenue, therefore high demand for rental properties
• Laws and regulations are becoming more ‘investor friendly’
Key notes
• You can obtain European Member status with Greek Residency in as little as 2 months
• No nationality restrictions
• You and your family enjoy European Residency
MINIMUN REAL ESTATES INVESTM €250,000
LEGAL FEE PER FAMILY MEMBERS €1000
approximately
GOVERNMENT PR FEE €500 - €2000
per adult
IMMIGRATION EXPENSES €100 per person
(approximately)
Cyprus is suspending its citizenship-by-investment program, in its current form, from 1 November 2020.
INVESTMENT OF AT LEAST €2 MILLION IN REAL ESTATE, LAND DEVELOPMENT OR INFRASTRUCTURE PROJECTS
INVESTMENT OF AT LEAST €2 MILLION IN THE PURCHASE OR ESTABLISHMENT OR PARTICIPATION IN CYPRIOT COMPANIES OR BUSINESSES, WHICH ARE BASED AND ...
INVESTMENT OF AT LEAST €2 MILLION IN ALTERNATIVE INVESTMENT FUNDS OR FINANCIAL ASSETS OF COMPANIES OR BUSINESSES OR ORGANIZATIONS LICENSED A...
AGGREGATE INVESTMENT OF AT LEAST €2MILLION IN ANY TWO OR MORE OF THE OPTIONS 1, 2 OR 3
• Possess a valid passport and a valid Schengen Visa
• Hold a clean criminal record from the country of origin and residence
• Hold a residence permit in Cyprus, before being granted citizenship
• Purchase and maintain a privately- owned residence in Cyprus of at least €500,000 plus applicable VAT
• Choose one of the prescribed investment options for €2 million and maintain it for the required duration of 5 years
• Donation of at least €75,000 to the Research and Innovation Foundation. This obligation is lifted, if the applicant has invested at least €75.000 in a certified innovative enterprise
• Donation of at least €75,000 to the Cyprus Land Development Corporation
• Approval of citizenship application in approx. 6 months
• Visa Free Travel to 150+ countries
• Family Package: Citizenship for applicant, spouse, parents and dependants
• No Language Requirements or local history tests
• Allows Dual Citizenship
• Unrestricted Right to live, work, study & travel in Europe, Switzerland, Liechtenstein, Norway and Iceland
• No Wealth Disclosure Requirements
• No Medical Testing
• Valid for Life & Passed on to Future Generations
• Low Tax Rates and Free Trade within the EU
• The Citizenship is granted to the whole family included in the application; applicant, spouse, all financially dependent children (up to the age of 28) and parents of the applicant (provided the parents are the owners of residential property in Cyprus worth at least €500,000)
• The main investment may be sold after 5 years; however, the investor must maintain a property with a value of at least €500,000. Property purchased up to 3 years prior to the submission of the citizenship application will count towards the required investment
INVESTOR (MAIN APPLICANT) €7,778
SPOUSE €7,278
ADULT CHILD (18-27) €7,778
PARENTS OF THE MAIN APPLICANT €15,056
MINOR CHILD (UP TO 17) €230
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Greenlife Group of Companies