Free yourself and broaden your options. There are many benefits to dual citizenship; residents of many countries are immediately.
The Republic of Cyprus not just holds a strategic position in Europe but it is also an important business hub for Russia and the Middle East. It is a European Union member state since 2004 and therefore attracts a number of real estate investors from the world over. A favourable climate, lot of attractions for the tourists, a stable economy and a well-developed social infrastructure makes it an ideal destination for immigrants and investors alike.
There is an option to gain permanent residence status by investing in the country’s real estate. The recent discovery of huge reserves of natural gas in the country has accelerated the process even further. A large number of people from around the world are seeking residence by investment to benefit from the unlimited opportunities.
Benefits of Seeking Permanent Residence in Cyprus
The Residency by Investment Program allows people to obtain permanent resident permits in Cyprus to enjoy the following benefits;
Applicants who wish to invest in Cyprus are granted an immigration permit by the Ministry of Interior of the Republic of Cyprus. It is also known as a Permanent Residence Permit and it is granted to all non-EU nationals who fulfil the following requirements;