In recent years, Cyprus has become an attractive destination for those who wish to acquire a second nationality thanks to its flexible settlement policy and peaceful living environment. Let’s explore the benefits of the Cyprus settlement program and the specific conditions for obtaining Cypriot citizenship below.
Great benefits of settling in Cyprus
Cyprus, with its warm Mediterranean climate, beautiful beaches and diverse culture, has become an attractive destination for many people who want to settle down. Here are some of the outstanding benefits when you choose Cyprus settlement:
- Cyprus is famous for its clear blue beaches and high quality of life. Clean air, low crime rate, high quality education and health care systems are the factors that attract many people to live here.
- With a favorable business environment, preferential tax policies, and a strongly developing tourism industry, Cyprus opens up many attractive business and investment opportunities for foreigners.
- As a member of the European Union, Cypriot citizens enjoy many benefits such as freedom of movement, access to the single market, and a high quality of life.
- Cyprus has attractive citizenship by investment programs that will help you and your family quickly obtain a Cypriot passport and become EU citizens. The visa and permanent residency application process is also relatively simple.
Learn about the conditions for settling in Cyprus
Own real estate to settle in Cyprus
As a beautiful island nation, to settle in Cyprus you need to meet the following specific conditions:
Financial investment
To settle in Cyprus, you need to make the following specific financial investment:
- Real Estate: Minimum investment of EUR 300,000 in real estate, which can be residential or commercial.
- Business or investment fund: Either you can choose to invest in a Cyprus business or in investment funds with a minimum amount of EUR 2 million.
Stable income
You must prove that you have a stable and sufficient income to cover your living expenses in Cyprus:
- An income of at least 30,000 EUR per year for individuals. This amount will be increased by 5,000 EUR for each dependent (spouse and children).
- Legitimate Source of Funds: Income and investment sources must be proven to be legitimate and not related to illegal activities.
Clean criminal record
You will need to prove that you and your family members have no criminal record. This usually requires you to provide a criminal record certificate from your current country of residence.
Good health
You will need to pass medical tests to prove that you do not have any serious infectious diseases. This is required to protect public health and ensure that you are healthy enough to live in Cyprus.
Residence time
You need to reside in Cyprus for at least 6 months before applying for citizenship or permanent residency. This allows you to settle into your new environment and demonstrate that you intend to reside permanently on the island.
Second Citizenship Option to Support Cyprus Settlement
Second Citizenship – Prestigious brand in the field of Cyprus settlement
Second Nationality is one of the leading prestigious brands in the field of consulting and supporting procedures for settling in Cyprus. Second Nationality was established and operated by EAGLE ASIA LLC in 2013. When choosing the unit’s services, you will receive the following benefits:
- A team of experienced lawyers and immigration experts with in-depth knowledge of the laws and procedures for applying for Cyprus citizenship. Always updated with the latest information, ensuring that customers are always advised accurately and promptly.
- Committed to providing customers with a professional and efficient working process. From consulting on choosing the right immigration program to supporting in completing the application and closely monitoring the progress.
- Transparency in service costs. Customers will receive a detailed quote from the start and there will be no additional charges.
- Keep all customer personal information confidential.
- After successfully settling in Cyprus, the unit is always ready to support you in integrating into your new life and answer any questions.
Settling in Cyprus is not only a smart investment decision but also an opportunity for you and your family to enjoy a full life in this beautiful island nation. With the information provided, we hope you have an overview of settling in Cyprus. If you are planning to settle in Cyprus, do not hesitate to contact Second Nationality for detailed advice on documents and procedures.
Contact information:
SECOND NATIONALITY
Website: https://quoctichthuhai.com/
Email: contact.quoctichthuhai.com@gmail.com
Hotline: 0982992958
Address: 2 Luong Dinh Cua, An Phu, District 2, Ho Chi Minh, Vietnam