EU Visas for Non EU Citizens

Visas for Non EU Citizens
Buying your Dream Home in Cyprus is the Key to EU Residency. Enjoy Permanent Residency in an EU country by buying a home in Cyprus.

Fulfilling your dream of an EU lifestyle has been made possible by the Cyprus Government. The Government announced that non-EU citizens making a minimum investment of € 300,000 in property on the island, subject to certain requirements, will be granted permanent residency through a special immigration visa. Quite simply, this means you will be able to enjoy the same advantages as everyone else in Cyprus without having to apply for any permits or renewals.

There are some conditions, for example:

The €300,000 must be invested in a single property, not several smaller properties

If the property is to be rented-out, it must be for long term rental contracts, i.e. of a year or more, rather than for weekly rentals.

One of the advantages is that if you have children under the age of 18 they too will be entitled to residency.

Note that there are costs associated with buying property in Cyprus but they are low compared with many other countries. Furthermore, you will be required to supply a set of documentation. Please contact us for further information.

Cyprus is already renowned as the perfect place to live with its almost year-round sunshine, a relaxed, stress-free lifestyle and a very low crime rate. Cyprus offers an ideal family environment, with your children able to benefit from excellent schools and universities, while healthcare and infrastructure are all state-of-the-art. The island also enjoys a favourable reputation as in International business centre & gateway to the EU. Many international companies operate offices in Cyprus. Opening a company couldn’t be easier with low personal & business taxation plus the added benefit of tax treaties with numerous other countries.

The rules for EU personal seeking residence in Cyprus are summarised as follows:

Any national from one of the EU Member States has the right to free movement. In other words he or she may enter Cyprus if he possesses a valid EU passport or ID Card. This furthermore entitles him to enter without the need to register upon arrival and to remain for up to three months.

If he intends staying for longer than three months and / or wishes to gain employment the person must:

* Apply for an Alien Registration Certificate within eight days of arrival. This is available at the Police - Immigration Branch. There is a fee.
* Apply for a social insurance (security) number. This is required for employment.
* Apply for a residence permit. The residence permit application must be submitted to the Civil Registration and Migration Department within the initial three month period.

Failure to do so will result in a fine. The applicant will need two documents when applying: a valid passport or ID card; and a Document of Engagement of Employment which must display the economic activity code and be stamped by the Labour Department. There is a fee payable for this application.
How do you make this happen? Firstly for advice on how to buy in Cyprus click here buy in Cyprus

We have years of experience helping ordinary people buy in Cyprus. There are many great opportunities in Cyprus and we can find them for you. We also offer an essential and completely free guide called the Cyprus Property Buyers’ Guide Buy in Cyprus Guide.