WWICS Blog

Invest in Cyprus & Get PR Status within 3 - 4 months
Posted on:19 January'12

Excellent commercial infrastructure, low tax rates and numerous tax benefits make Cyprus an important International hub. Cyprus is an ideal country for HNI's/businesspersons, who wish to purchase a personal residence & get Permanent Resident status on Fast Track as they must explore this program.

Cyprus Investment Residency Program is a Fast Track program to get PR in Cyprus, aiming to support and strengthen the economic condition of the country and real estate market.

With a minimum investment of €300,000, the principal applicant can purchase a personal residence and live with the entire family for an indefinite period as Permanent Residents. There is no strict net worth, source of funds, management experience, language, or education requirements to be fulfilled. Cyprus has free-market services based economy & is one of the most prosperous countries in the Mediterranean region.

With Category F visa, an applicant gets the right to purchase a new personal residence in Cyprus for minimum of €300,000. Other than this, an applicant enjoys numerous other benefits such as no tax is levied on worldwide income & after 5 years of Permanent Residency, family can apply for Cyprus citizenship and passports. After receiving Cyprus passports, the family can travel, live and work throughout the European Union.

Citing this opportunity, Lt. Col. B S Sandhu (Retd.), CMD of WWICS Group said, ‘The Cyprus Investment Residency Program is one bright chance for HNI’s/businesspersons to purchase a residential property in Cyprus & become Permanent Residents of this prosperous country. The team of WWICS strives to offer you professional & genuine guidance. I am confident that the Cyprus Investment Residency Program will be well received by the aspirants.’