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Benefits of Cyprus Permanent Residence

Cyprus Permanent Residence

Are you not sure of a secure future? In light of the economic crisis, it is helpful to have a backup airfield for peace of mind. If you decide to change the location accommodation, to move to more comfortable conditions at the seaside, consider the options with the most favorable benefits. The top island of Crete, with its unique nature and stunning beaches, offers many advantages. People who love beaches but can not find time for enjoying by adorable beaches to visit search locations near them. They always find that location with stunning beaches.

According to a specialist of Immigrant Invest Victoria Atanasova, Cyprus is the best place with top advantages to living in a newly built home if you decide to improve your living conditions by following some home improvement tips.

Obtain Cyprus permanent residence provides good advantages. Learn more about this in the list below:

  • benefits for businesses around the world;
  • the possibility of obtaining a passport;
  • advantages apply to the applicant;
  • benefits conditions for the family;
  • getting the benefits of the standard of living;
  • top EU travel;
  • access to top British universities right on the island.

Comfortable climate conditions, benefits of the tax regime, low crime rate, language facilities (most of the population speaks English), high list of advantages concerning social and healthcare practices, and medical services attract wealthy users.

Advantages

Do you want to conquer new horizons in doing business or move freely around Europe? Investing in real estate is the best way to do that. This key is available to citizens of countries that are not included in the list of the EU. The process is simple and fast, which is one of the benefits. After that, the investor gets the top conditions for life. No restrictions on the size and type of object are provided. The key conditions are to buy real estate after real estate investments. The minimum investment is 300 000 euros.

What are the prospects? Cyprus permanent residence benefits through investments are the following:

  1. Top environment for the whole family: An additional annual income list is required to be shown to include parents.
  2. A “back-up airfield” for living: Excellent conditions and a pleasant climate have recently attracted many investors. With a residence permit, the Cretan can enjoy the advantages such as social and medical services, affordable accommodation, employment, European education and so on from the list.
  3. Benefits taxes: There is no interest in dividends, inheritance, income from rents abroad, or foreign investments. Income earned on the island is taxable. In Cyprus, there are several top advantages for agreements, which help prevent double taxation.
  4. Do you want to be sure of safety? The island has one of the lowest crime rates and a list of strict financial regulations of the Eurozone, which is a guarantee of safety for benefits from investing money.
  5. International study program on the island: Many British top schools offer the quality education for the children of investors.
  6. The processing of Schengen visas: The advantages of permanent residence in Cyprus are that after officially residing on the island for several years, an investor can obtain citizenship using neutralization. This top option expands travel opportunities and works anywhere in the European Union.

The nice thing is that there is no key residency test and no harsh language requirements. After reviewing and approving the application, the applicant and his family receive a residence permit.

How to prepare documents

It is recommended to consult a specialist to avoid trouble. The procedure for processing documents is not complicated. It is enough to confirm the following list:

  • documentary proof of eighteen years of age;
  • proof of a regular annual legal income;
  • An official document of no criminal ties.

You sign a statement that you will not take a job on the island. The key thing is to come to the island more often than once in a couple of years. 

It is also proposed to use another effective way. The holder of a residence permit has the same Cyprus PR benefits as the island’s citizens. In addition, he gets benefits from studying, working, and using social services.

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