Lebrus

PERMANENT RESIDENCY

Cyprus is an island country in the Eastern Mediterranean and the third largest and third most populous island in the Mediterranean, Cyprus is a major tourist destination in the Mediterranean. With an advanced, high-income economy and a very high Human Development Index

Member of the European Union.
Member of the eurozone.
Modern banking sector with property lending facilities.
Freehold property with full ownership
Legal system based on English common law
Low cost of living, and low crime rates
Low taxation, one of lowest in EU
Large infrastructure development
UNESCO world Heritage sites
The best medical facilities and high quality healthcare

MAIN CONDITIONS

Non-European citizens
Aplicant must have a clean criminal record.

PERMANENT RESIDENCY BENEFITS

The Permanent Residency is for life
It is not necessary to reside in Cyprus
A visit to Cyprus once every two years is required
Granted to all family members including children and parents from both sides of the family
Possible to have a business in Cyprus and to receive shareholder dividends
Dependents can be enrolled in high quality private schools
Freehold property
No inheritance tax
One of the lowest property taxes in the world
Easy travel to other European countries
Rental income
Passport opportunity

FAST TRACK PROCEDURE

Completed within 3 months (approximately).
Purchase of new property of value of €300,000 + VAT or more
Possible to buy two properties for a total value of €300,000 + VAT or more