LOCATION: Easternmost island in the Mediterranean Sea.
LANGUAGES SPOKEN: Greek, Turkish, English
NEAREST AIRPORT: Larnaca and Paphos
MAJOR INDUSTRY: Tourism
Cyprus is strategically located at the crossroads of three continents, Europe, Asia and Africa and is the third largest island in the Mediterranean. Its geographical location has played an important role in establishing it as a business hub since antiquity and as a very popular tourist destination. Cyprus has been a member state of the EU since 2004 and a member of the Eurozone since 2008. The combination of quality people, business infrastructure and availability of investment opportunities makes it an ideal business hub in the region. In Cyprus, one can enjoy a high standard of living, sunny weather, the beach and mountains and the lowest reported crime rate in the EU. As an EU Member, Cyprus offers excellent healthcare services at a lower cost than most other EU countries.
One can secure permanent residency in Cyprus through investment in real estate. It is a legal status which entitles Non-EU citizens and qualifying dependents to enter and stay as permanent residents in Cyprus with no limitations. It does not expire; therefore, the holder does not need to renew it. It can be passed down to dependents and spouse. The programme is one of the fastest and simplest investor visa programmes in Europe.
Application processing Time: 2 months
No Minimum stay requirements
1. Please note, all information provided here should not be considered legal advice.
2. The text is intended as a source of basic information. It is regularly updated. No liability can be accepted for the accuracy or completeness of its contents.