Papouri Court, Office 201

8201 Yeroskipou, Paphos

18D Gladstonos St

8046, Paphos

+35799851278

info@elegantcyprusproperties.com

GET PRP CYPRUS PR CARDIN 2 MONTHS

INVEST € 300,000 IN PROPERTY

Permanent Residence Permit (PRP)

Non-EU citizens who purchase property in Cyprus obtain a Permanent Residence Permit within 2 months

 

Criteria:
•Purchase a property of minimum value of 300.000 Euro plus VAT (if any). Apply once 200.000 euro +VAT (if any). Funds from abroad.
•Deposit of 30.000 Euro for at least 3 years in a bank in Cyprus.
•Dependent children up to the age of 25 who are students may obtain PRP for life.
•Parents of main applicant and parents of his/her spouse may also get PRP.
•Proof of a minimum annual income of 30.000 euro increased by:
          – 5,000 euro and dependent child and
          – 8,000 euro for each applicant and spouse parent.
•Clean criminal record certificate.
•Statement that will not be employed in Cyprus.
•The applicant is allowed to be a shareholder of a Cypriot company and earn dividends.

EU citizenship

Invest in Cyprus property and become a European Union Citizen with the most fast & reliable passport

Real Estate investment of 2m Euro
• Investments can be sold after 5 years. The investor should maintain a 500.000 Euro Residential property
• Approval within 6 months.
• No residing or Language Requirement.
• Live, work, study anywhere in Europe.
• Travel to over 160+ countries without a visa.
• Children up to the age of 28 may also be eligible.
• The parents of the investor may also get the citizenship with an extra 500.000 Εuro purchase of residential property.

Granted Within 6 moths

Property Investment € 2 Million + VAT

Dual Citizenship Allowed

Covers The Whole Family

Live, Work and Study Freely Within The EU

Visa-Free Travel To 168 Countries

This is neither a residence permit nor an investor visa. This is a fast track citizenship of an EU member state and, in contrast to other European countries, you are not obligated to live in Cyprus while you keep your existing citizenship. Yes, it is true, there is no other related programme such as the Cyprus programme that you and your family can get an EU citizenship. The only step you should consider is this: invest in real estate. What you need to do is just ask for our help. Our competent team is always ready to provide expert solutions that will correspond to your needs.

As from 15th of May the following significant modifications will be applied:

The recent decision of the Council of Ministers for the revision of the Cyprus Investment Programme was taken on the 13th of February 2019. According to the decision the revised Programme is put into effect from the date of its publication in the Government Gazette – i.e. the 26th of February 2019 –with the exception of certain clauses which the decision specifies that will be put into effect from the 15th of May 2019.

The changes will include the following:

 

  • Limitation to 700 Applications Per Annum
  • Applicants should be in possession of Schengen Visa
  • Applicants who were rejected by another EU country shall be excluded from the CIP
  • The investment should be maintained for 5 years following the date of naturalization, instead of 3 years.
  • During the 5-year period the investor will be able to change his investment, provided that a consent will be granted in this regard by the ministry of finance.
  • A planning permit shall be mandatory for properties under construction.
  • A donation of 75,000 for research and development shall be mandatory.
  • A donation of 75,000 to the land development organization to fund affordable housing schemes shall be mandatory.

EU citizenship

Invest in Cyprus property and become a European Union Citizen with the most fast & reliable passport

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