Golden Visa Cyprus: A route to Residency and Cyprus Citizenship by Investment 2019. Just with a minimum investment of €350,000 or €2,000,000, you can have access to reside permanently in Cyprus and Obtain a Cypriot passport through a secure, effective application process by DM-Consultant.
Golden Visa Cyprus – A Brief Overview
The golden visa Cyprus is a program established by the government of Cyprus aimed at engaging foreign investors and non-EU citizens towards the development of the country. The golden visa Cyprus scheme occurs in two different categories: The first is the real estate investment which offers investors a permanent residency in the country, while the second is the Cyprus citizenship by investment aimed at attracting high-class investors, and in turn, offer them a Cyprus passport within 6 – 8 months.
The rules and requirements for the golden visa Cyprus program were recently changed in February 2019 due to an agitation by the European Union for a more rigorous and investigative approach towards the source of wealth by several foreign investors. However, it is still the apparent Europe golden visa program because it does not require the physical presence of investors within the duration of their residency.
Cyprus is a member country of the European Union, and this implies that investors who obtain the golden visa Cyprus will have access to travel to other countries within the European Union and Schengen zone. Cyprus is an excellent choice for foreign investors because of its favourable tax regime and a quality environment for businesses and companies. English being the dominant language, the country has lots of quality UK affiliated educational institutions, and it is rated the fifth safest destination in the world.
Cyprus is now a member of the Schengen zone which gives investors and their families the access to a wide array of Schengen states.