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Cyprus Citizenship By Investment

What Are The Benefits Of A Cypriot Passport?

If you want to become a European citizen but cannot afford to invest the millions needed for faster citizenship, residency-by-investment might be the best option. Sure, you’ll have to wait at least seven years for a Cypriot passport, but if you don’t have any other options, it’s still a good deal. Unlike other RBI nations, Cyprus Turkish resident permit allows you to remain in the country for one year before applying for naturalization. The Hellenic Republic takes the top spot as one of the most affordable RBI services currently available. If you have €250,000 to spare and want to invest it in beautiful real estate in Greece, you can do so while also obtaining a resident permit.

A visa cannot be granted for this purpose, because the return requirement set out in the Visa Code is not met. A visa may be granted only in situations referred to in the Visa Code, such as in a serious humanitarian situation – not because the applicant is in a hurry, has lost his or her air ticket or cannot pay the residence permit fee, for example. In other words, if a mission does not grant a visa, you must apply for a new residence permit to be able to return to Finland. As a rule, a visa cannot be granted for this purpose, because the return requirement set out in the Visa Code is not met. According to the EU visa rules, one of the requirements for granting a Schengen visa is that the person must leave the Schengen area before the visa expires.

Low Investment From 300,000 Euro

If there is a deal, your right to work will stay the same until the end of the implementation period. You must confirm your residency status and decide how you will ensure access to healthcare if there’s no deal. If you renewed your current passport before the previous one expired, extra months may have been added to its expiry date. Any extra months on your passport over 10 Turkish resident permit years may not count towards the 6 months needed. If you’re planning a stay of longer than 3 months, see theLiving in Cyprusguide and contact theRepublic of Cyprus High Commission in Londonif you have further questions. If you are a resident in Cyprus, you are advised to carry your Republic of Cyprus-issued residency documents when entering/exiting the Republic of Cyprus.

Application forms for residence permits are available in the Ministry of Foreign Affairs. At the level of 2021, those who want to obtain temporary residency in Cyprus can benefit from the support offered by our law firm. In very rare cases, an EU country can refuse entry to you or your family members for reasons of “public policy, public security or public health”. If your family members are having difficulties getting a visa, you can contact our assistance services. It is always best for your non-EU family members to be well-informed in advance and to have all the necessary documents before starting their journey.

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For more information for the Temporary Residence permit exceeding the 3 months, click here. In relation to our members who are ‘swallows’ we would advise that you apply for Residency through the online system. It will then allow you unfettered access for the period of that residency. If you make your application ONLINE your will be able to print your Residency document at the conclusion of the process. When one gets permit for ownership, the other is eligible for the family permit. All documents must be translated into English or Greek by a qualified translator.

This visa is applicable in most countries and enables the holder of a retirement visa to reside in their preferred country regardless of their nationality. Cyprus is a very popular retirement destination and attracts retirees from all over the world. A perfect combination of low cost living, tax benefits, mild climate and wide use of English make Cyprus one of the best places in Europe to retire. A fee of EUR 500 is payable with the submission of the application and EUR 50 extra for biometric capturing. The application will then be examined by the Civil Registry and Migration Department and will be submitted to a permanent secretary of the Ministry of Interior, who will make a decision within two months.

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Applicants can also submit the above information to the local Honorary Consulates of Cyprus in the UK. Provided that the information submitted is complete, the certificates in this case will be issued within fifteen working days, excluding the days of postage. The Consulate General reserves the right to request further information if and when it is deemed appropriate. In such a case, the certificate will be issued in an additional ten working days from the completed receipt of the requested additional information. Provided that the above information is submitted in full and correctly, the certificates will be issued within ten working days. Cyprus welcomes the family members of all who have opted for the Citizenship by Investment approach, you simply need to make sure you have adhered to the Cyprus citizenship requirements.