
Cyprus also provides safety with the lowest crime rates in Europe, a high quality of life, low cost of living, and welcoming people with a friendly culture. The high quality infrastructure has led to availability of superior health and education services.
This nation a hub between three continents, providing plenty opportunity for business – additionally, it has the lowest tax rate in the EU. Cyprus is one of the most inviting nations for family and businesspeople alike.
Eligibility
Greece’s visa program has several eligibility requirements which must be fulfilled in order for you to successfully obtain a visa. Primarily, the applicant will be required to invest in real estate.
Real estate investment: Foreign investors must contribute a minimum of EUR 300,000 in Cypriot commercial or residential real estate. Also, The applicant must open a Cyprus bank account and deposit a minimum capital of EUR 30,000.The account balance must remain at this level for three years. After three years, the funds may be withdrawn.
Benefits of a Cyprus Residency Visa:
A Cypriot residency visa that allows the holder to travel without restrict throughout the Eurozone area.
There is no minimum stay requirement, but a visit once every two years is mandatory to keep the visa validated.
Greek golden visa is a five year residency visa, and renewed every five years provided that the investment is maintained.
Children up to the age of 28 may included in the family application, provided they are dependants of the principal applicant.
The Visa allows the the holder the right to live and establish a business in Greece.
Provided further residency and language requirements are met, a holder may later be entitled to Cypriot citizenship. However, this is a very lengthy process of at least seven years.
Qualifications
Be at least 18 years old.
Not have entered or stayed illegally in Greece
Being of legal age (18 years old)
Pass required criminal background checks.
Have sufficient economic resources for the applicant and dependant family member during the residency period in Cyprus.