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Cyprus Immigration consultants in Dubai | Sharjah | UAE

Best Cyprus Immigration consultants in Dubai, Sharjah, UAE

Cyprus acknowledging that investment is a key contributor to growth Cyprus has decided to develop a comprehensive strategy to promote investments and has established necessary legal framework for facilitating strategic investments. One of the focus areas in terms of development strategy of Cyprus is foreign direct investment. The Start-up visa scheme aims to attract start-ups from non-EU countries to relocate in Cyprus and enhance the start-up ecosystem.

In line with this policy, schemes introduced by the Cyprus government enables foreign nationals to invest in the Cyprus economy and obtain Permanent Resident Permits on purchasing properties in Cyprus.

Cyprus as a full member of the European Union since 2004 has adopted the euro as its currency. It has a a modern, free-market, service-based economy.

Cyprus has been a investors paradise due to its business friendly environment and future focused infrastructure. In addition, the high quality of life not only allows investors but their families to enjoy high stand of life around the year. Cyprus is one of the most stable and safe countries to do. Surrounded by beautiful beaches and mountains, Cyprus boasts of one of the best climates all around the year. The historical and cultural destinations and attractions in Cyprus make it one of the “must be” countries to do business and live.

There is no need to apply for a residence permit if you have applied for the holiday property in Cyprus. You are allowed as a property owner to stay in Cyprus for 180 days a year, 90 days every six months. You are also allowed to apply for a “Permanent Residence Permit” If you plan to invest and decide to live in Cyprus on a permanent basis. We have been able o assist many investors from the UAE who wish to either set up a business in Cyprus, become an investor or are interested to buy a holiday property. Since we are based in Dubai, UAE, We are able to complete the process and get to Cyprus faster.

How do I qualify for a Permanent Resident Permit in Cyprus
Cyprus in order to encourage investment has created fast track procedures for Non European Nationals. We can help you complete all the required procedures for migrating to Cyprus from here in Dubai, UAE

  • Invest minimum of €300,000 (+ VAT) in total over property which can be a single or multiple properties from the same developer.
  • You need to provide proof of annual income of at least €30,000. This income can be from salary, dividends, rental revenue, interest from bank deposits, pension income outside Cyprus.
  • You will need to submit a clean criminal record certificate issued by the police authority of your country of residence
  • There are few other investment and regulatory requirement which will be informed to you as we meet up for a discussion.

How do you benefit from Cyprus’s Permanent Resident Permit (PRP)

You will be provided within two months under the simplified procedure introduced by the Cyprus government.

As a Permanent Resident Permit holder you have no restrictions to the period of stay in Cyprus
You are allowed to freely to enter and live in Cyprus without the need to obtain a visa.

Given 7 years of Stay you can apply for citizenship by naturalization. However, rules apply which will be detailed to you. As a PRP holder, you spouse, minor children, and unmarried dependent children till age 25. However, exceptions and certain rules regarding income will apply.

Aradlan and Company has been able to help many investors and families enjoy Permanent Residency Status in Cyprus and we can do it for you.