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Webinar Cyprus Residence & Citizenship By Investment

What Happens Next With Your Northern Cyprus Residence Permit

However, like many high-quality citizenship by investment options, you’ll need quite a bit of capital to get a Cypriot passport. Thanks to its government’s efficiency and its high-quality passport, Cyprus has consistently ranked among thebest citizenship by investment programs. Like the Bahamas, getting a residence permit for the Cayman Islands is easy but expensive.

Non-EU family members of EU citizens who reside in Cyprus can obtain a Resident Permit. Non-EU family members such as a spouse and unmarried children under 18 years old can also obtain a Resident Permit upon providing documentary evidence of the family relationship (e.g. birth certificates) with the EU citizen. The applicant should prove that he/she has at his/her disposal a secured annual income of at least €30.000 from overseas sources.

Civil Registry And Migration Department Bcs Family

Via this program, you and your family will acquire the citizenship for life which can passed on for many generations. Financial flexibility You have the freedom to sell your main investment after three years, but you must retain property with a value of at least EUR 500,000 designated as your residence in Cyprus. Your Cyprus citizenship is permanent Unlike long-term visas or foreign residency programs, you will never need to renew or reapply for citizenship.

cyprus resident permit

At the port of entry into TRNC, submit your university acceptance or invitation document to the migration officer to get a student entry visa that is valid for 90 days. After getting a student entry visa, you should complete your student registration procedures for the University. Must have at least €41.006 deposited in its Cypriot bank account (from the initial investment of €171.000). The Cyprus start-up visa scheme allows talented third country entrepreneurs, either individually or as a part of a team, to reside and work in Cyprus in order to establish, operate or develop a start-up with a high growth potential. Must have a secured minimum annual income of €9.568,17, which may be derived from pensions, dividends from shares, fixed deposits, rents, etc. The said amount increases by at least €4.613,22 for every dependent person.

How Long Do Citizens Of Third Countries Have To Stay In Cyprus Before Applying For A?

The annual income of the investor must be at least €30,000 if he receives the Permanent Residence Permit alone. If the investor’s spouse and children participate in the program, the amount of annual income is added €5,000 per relative. For international work permit turkey companies accelerated registration procedure is an opportunity to quickly and without delay to launch a business and start paying taxes in Cyprus. For example, income tax is charged in Cyprus at a rate of 12.5% – the lowest rate in the European Union.

cyprus resident permit

Your legal advisor will be happy to arrange this for a reasonable fee and will explain how to open a local bank account, how much money you need to deposit each year and how to apply for the simple blood test . Visitors who do not wish to have their passports stamped can instead ask for a stamped visa form which is loosely inserted into their passport and removed when they leave. Northern Cyprus is one of the most welcoming countries in the world and visas are easy to arrange, both for short holidays or visits, or for residency if you wish to move to live in your new home. We hope you enjoy North Cyprus Residency Permit and Visa article, but please note owing to huge demand we can no longer answer live chat or email enquiries about North Cyprus Visas. Please click this link below for a list of North Cyprus embassies abroad who will be able to help you.

Immigration Licences

To get approval, you need to convince the immigration service of your solvency. The timeframe for processing your application for permanent residence permit is again not stipulated. During that period you should law firm have status of temporary resident of Cyprus . The visa granted on the grounds of property ownership will allow you to stay in the Republic of Cyprus altogether 180 days a year, 90 days every six months.

cyprus resident permit

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