Comparing Citizenship by Investment Countries
Similar Residence by Investment Programs
Flexible Investment Options for Maintaining Cypriot Residency
Your Cypriot investor residence permit remains valid as long as you maintain your real estate investment. If you decide to change your property, you have the flexibility to do so. Simply sell your current property and purchase a new one for a minimum of €300,000. This allows you to retain your residence permit without any issues.
Professional Guidance: How can Migrate World help you get residency by investment through real estate?
Migrate World is your dedicated partner in pursuing a residency in Cyprus through real estate investment. Our experienced team expertly navigates the intricate application process, offering support from initial consultation and property selection to application processing and due diligence management. We handle all aspects of your residency-by-investment journey, ensuring your investment goals become a reality. With personalized guidance, we take pride in assisting you on the path to becoming a resident of Cyprus.
Frequently Asked Questions
Will I be required to reside in Cyprus to obtain residency?
Not necessarily. It is rare for individuals to physically live in a country that operates a residency by investment program. These programs acknowledge that your intention may not be to relocate to the country permanently, but rather to access the travel benefits associated with holding residency, such as unrestricted travel throughout Europe. However, you will need to visit Cyprus at least once every two years to maintain a connection with the country.
Is there a method to expedite the process of obtaining Cypriot citizenship as a resident?
Unfortunately, there are no provisions in place for fast-tracking Cypriot citizenship. Therefore, if you obtain residency through investment, you will need to wait at least 7 years before applying for the country's passport.
Is Cyprus real estate a good investment?
Cyprus real estate is a good investment. The country has a stable economy, low corporate taxes, and perks for foreign investors. The property market consistently grows, thanks to international investment and the popularity of the Cyprus Investment Program.
How much deposit do I need to buy a house in Cyprus?
The required deposit for buying a house in Cyprus varies based on factors like property size and chosen mortgage terms. Generally, EEA residents deposit around 30—40% of the property value, while Cypriot residents typically have lower requirements, ranging from 10 to 30%.
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