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Marina View in Greece

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“The true value of a sound investment is immeasurable.”

– Velment Team

Marina View in Greece

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Cyprus Migration Programs

Cyprus

  • Permanent Residency – Regulation 6.2

    This residency option requires a minimum investment of €300,000 in either new residential units, commercial properties (new or resale), shares in a Cyprus-based company with a physical presence and at least five employees, or units in a Cyprus-based investment fund.

  • Permanent Residency – Category F

    Non-EU nationals can qualify with a steady income from abroad (at least €9,568 plus €4,613 per dependent). Buying property in Cyprus isn’t required but can improve approval chances, along with a suggested €15,000–€20,000 in a local bank.

  • Permanent Residency – Category C

    Available to non-EU entrepreneurs who invest at least €260,000 in a Cyprus-based company, with funds transferred from abroad.

Why Choose Alternative Residency and Work Programs?


  •  Ease of Travel

    Enjoy the freedom of visa-free or simplified entry to numerous countries, making business trips and family holidays stress-free and convenient.


  • Business Incentives

    Take advantage of tax benefits, promising real estate investments, and access to thriving business environments that open doors to growth and success.


  • Opportunities for Growth

    Give your family access to high-quality education, excellent healthcare, and opportunities to grow personally and professionally in dynamic, welcoming communities.


  • Stability for Your Family

    Live in secure, politically stable countries with low crime rates and a high quality of life, offering peace of mind for you and your loved ones.

About Cyprus

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Geography

The Republic of Cyprus is an island nation located at the crossroads of 3 continents: Europe, Asia and Africa. Its territory comprises the entirety of the Mediterranean’s third-largest island and some smaller islets, with a total area of 9,251 km².

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Population and Language

Cyprus has a population of 875,889. Although English is widely spoken by 90% of the population, the official languages are Greek and Turkish.

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Tourism

Cyprus is a very popular tourist destination with around 4 million tourists visiting annually – over 4 times its resident population.

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Education

Primary and secondary education is compulsory for Cypriot pupils until they reach the age of 15. However, almost all Cypriots proceed with higher education either in one of numerous university campuses on the island, or the United Kingdom, with a sizeable university student diaspora who return to the island after their studies.

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Health Care

The island has recently launched its own General Health System, a full-coverage, universal healthcare insurance programme that strives to provide all residents with affordable medical care.

Cyprus Factsheet

  • Continent: Europe
  • Population: 875,899
  • Government: Unitary presidential constitutional republic
  • Capital: Nicosia
  • Languages: Greek, Turkish
  • Currency: Euro (€)
  • Total area: 9,251 km²
  • Time zone: Eastern European (UTC+02:00)

Eligible Properties in Cyprus

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Napa Gem A 201 in Ayia Napa

Famagusta, Cyprus
€1050000
+ VAT
Property Type Bedroom Area m2 Price
Apartment 3 144.43 €1050000
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City Napa Residences Villa 1 in Ayia Napa

Famagusta, Cyprus
€980000
+ VAT
Property Type Bedroom Area m2 Price
Villa 4 186 €980000
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News & Updates

Schengen Visa vs Greek Golden Visa

22/10/2024

The Schengen Visa allows for individuals who dream of travelling to Europe, to explore 26 European countries. But does applying for this visa guarantee making...

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10 Reasons why Greece attracts property buyers from around the world

22/09/2024

Travel and technology have made the world smaller and brought everything closer. Among other things, this has allowed people to relocate more easily, work remotely,...

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Top 10 reasons why families and individuals are seeking alternative residency in Greece

23/08/2024

We all know that Greece ranks among the top holiday destinations in the world, thanks to its sunny weather, amazing islands, beautiful beaches, fascinating history...

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FAQ

Why choose Cyprus and what’s driving its recent popularity?

Cyprus stands out as a top destination for individuals and businesses seeking a strategic location, favorable tax policies, and a high standard of living. Its recent popularity is fueled by its stable economy, excellent healthcare and education systems, and a sunny Mediterranean lifestyle that appeals to families, professionals, and investors alike.

Why are companies choosing to relocate their headquarters to Cyprus?

Cyprus offers significant advantages for businesses, including a favourable corporate tax rate, strategic access to European, Middle Eastern, and African markets, and a robust legal framework based on English common law. Combined with a skilled workforce, advanced infrastructure, and a welcoming business environment, it’s an ideal location for establishing headquarters.

Can I obtain Cyprus Permanent Residency by investing in a company registered in Cyprus?

Yes, with Category C, permanent residency is available to company owners who invest a minimum of €260,000 in a company registered in Cyprus.

What are the tax benefits under the Permanent Residency – Category F

Permanent Residency – Category F offers unrestricted entry and stay in Cyprus, covers the applicant, spouse, and children under 18 in a single application, and provides access to Cyprus’ general healthcare system for the entire family.

What is the processing time for work permits under the Business Facilitation Unit?

Work permits issued under the Business Facilitation Unit are typically processed within approximately one month, ensuring a streamlined and efficient application process for eligible applicants.

What are the eligibility criteria for the Pink Slip in Cyprus?

Applicants for the Pink Slip must demonstrate adequate annual income from abroad (€25,000–€30,000 for a family of three), hold valid health insurance, provide proof of a completed medical examination, and possess a property rental contract or ownership. The permit prohibits employment and may be cancelled under specific conditions.

Is any investment required to obtain the Yellow Slip in Cyprus?

No investment is required to qualify for the Yellow Slip in Cyprus. This program is accessible to EU and EEA citizens and their families without any financial investment obligations.

What is the Cyprus work permit for employees of BFU-registered companies?

The Cyprus work permit allows qualified employees of companies registered under the Business Facilitation Unit (BFU) to legally reside and work in Cyprus. Eligibility requires a valid employment contract and meeting specific qualifications set by the program.

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Marina View Beachfront Residences

Apartments starting at
€450000
Attica, Greece
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