Cyprus is a major tourist destination in the Mediterranean. Due to its location and growing popularity Cyprus has been sought as a base for several offshore businesses for its low tax rates. Tourism, financial services and shipping are significant parts of the economy. Cyprus is also attracting major Foreign Investments because of its High-income economy and exceptionally high Human development Index.
Why is Cyprus a Perfect Investing Destination?
Strategic Location: With its ideal geographical position at the crossroads of three continents - Europe, Africa and Asia, Cyprus plays a key stabilizing role in the region of the Eastern Mediterranean.
Taxation: Cyprus offers an attractive and transparent tax regime, fully compliant with EU, OECD and international laws and regulations. It has one of the lowest corporate tax rates in European Union along with dividend exemption.
Infrastructure and Connectivity: With Two modern international airports in Larnaca and Paphos, and a Massive Limassol Port which handles both Passengers and freight cargos Cyprus offers their services to over 10 million visitors per year
Economic Prospects: Due to Progressive changes Cyprus has regained its credibility and reinforced its competitiveness as an attractive investment destination offering numerous opportunities and potential.
How To Invest in Cyprus?
Investment in Infrastructure or Real - estate: Applicant must have to Invest minimum of 2 million in construction or purchase of Estate, land development or any other Infrastructure Projects
Become a financial asset of a Cypriot Companies: The applicant must invest at least 2 million in financial assets of Cyprot organization In the form of Bond, shares and debentures and must maintain it for 3 consecutive years.
Permanent Residency Cyprus: Applicants can secure permanent residency in Cyprus through an investment in real estate. The program is one of the fastest and simplest investor visa programs in Europe. It requires investment of just 300,000 into a property to gain the Cyprus residency permit. The residency visa is granted within Sixty days and covers the whole family. It includes parents of both the main applicant and spouse plus Their children.
Current Valid Passport
Must hold no criminal record in the past
Must own private residence in The republic of Cyprus with the market value of at least 500,000
Any property of the main applicant must not be frozen within the boundaries of European Union
How long is the visa valid for?
Maximum of 3 months from date of issue. Transit visas are valid for travel through Cyprus for a period of up to 5 days, provided the traveller is in possession of appropriate visas and onward tickets for the destination country. Multiple entry visa, valid for 1 - 5 years.
Disclaimer : AWICS is authorized to provide visa consultancy services that guide with world immigration options, such as guiding for relevant documentation for visa filing, assessing the eligibility criteria for applicant. We work with licensed immigration advisors; all the official fee payment if any and form purchasing will be done from the government offices directly as we don't sell anything that can be procured from any government office. The decision to issue or refuse a visa is made solely by immigration officers of respective countries. All applications will be assessed in accordance with immigration visa rules and guidelines. AWICS has no role or influence over the outcome of an application and will not offer any evaluative advice.
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