Cyprus Residency Vs. Citizenship by Investment: Which One is Right for You?

Why do people change their place of residence? The reasons may be different: a change of scenery, climatic conditions, expansion, transfer of business, a new place of work, entering a foreign university, and others. The story of each person is individual. According to world experts, Cyprus is considered one of the most attractive destinations. It has been a long time since the country's government has developed programs to attract foreign investors. Today, there are whole communities of people who have decided on Cyprus permanent residence.  

There are two golden visa programs for those who want to find an alternate airfield in Cyprus through investment in real estate.

The history of Cyprus is quite rich and fascinating. Moreover, it is worth adding extraordinary landscapes, a favorable climate, and excellent cuisine. It should be noted that most residents are fluent in English, which is a definite advantage for foreign tourists and visitors. Each guest will be able to discover something special. Of course, having been on the island once, you will not be able to erase from memory its extraordinary beauty.

The country is known for its attractive places and the ideal conditions for opening and expanding businesses. Flexible taxation and a high labor resource estimate make real estate investments profitable. In addition, Cyprus has a stable market economy with a positive perspective. Therefore, an extremely favorable environment is created for permanent residence, attracting foreign investment. 

Before you move to another country, you should carefully consider the benefits of living there. In Cyprus, there are many such points:

Zlata Erlach, an expert in the St. Lucia investment program (Immigrant Invest company), notes that Cyprus is an ideal option for relocation. It is not just a resort for a summer vacation. Both the young professional, who came for an internship, and a married couple with children or a pensioner tired of the bustle of the city will feel comfortable on the island. 

It is not as difficult to get residency as it may seem at first glance. The best solution is to contact a professional. It will help avoid unforeseen situations and unpleasant surprises. 

To get approval, you must meet the following conditions:

The applicant undergoes strict confidential checking.

New requirements came into force on May 3, 2023. A company lawyer can provide you with more information.

It is not only responsibilities. Golden visa programs of the country expand opportunities and give a person indisputable advantages:

Cyprus is multinational and enjoys a high standard of living. It is one of the safest places in the world.

There are several ways to obtain cyprus citizenship: by birth, marriage to a Cypriot citizen, or naturalization after seven years of residence.  

There is an option of obtaining citizenship by investment. Application is made in several steps:

The best option is to entrust the documentation to the company's lawyers.

When moving, the investor's life will undergo significant changes. We can talk about the advantages endlessly:

It is difficult to find cons in cyprus permanent residence. Ideal conditions will bring business to a new level. 

If you receive a residence permit, you can enjoy all the benefits under one condition: you may only leave the country for up to three consecutive months. Otherwise, your residence permit will be revoked. 

By comparison, the permanent residency program in Cyprus for investment provides permanent residency status while retaining freedom of movement.

Investing in Greece is a profitable business project. The government of the country creates solutions that attract foreign investors. They get decent conditions for living and doing business. It positively affects the economy's growth and other spheres' development. 

You can live your life in beautiful comfort without having to take a break from your daily routine. It is recommended to make an appointment for an individual consultation by leaving an application on the company's website.