Steps for Citizenship Acquisition by Investment in Cyprus
A heaven on earth in the middle of Mediterranean Sea, Cyprus sure is a place to live a peaceful life. Filled with all the greatest qualities of the region, you will get to live as you please in your new life in Cyprus. Providing you all the details that you know before you step deeper into living a happy life, Trem Global is here just so you don’t face any problems that you can’t solve.
Almost everyone wishes to live in the middle of a beautiful island being covered by all the goodness of what the sea has to offer, while being at comfort with their families. As sometimes it would prove to be challenging to live in an island, real estate projects that we offer to you will provide you all the necessities of a lifetime.
There are many ways to reside and live happily with your family in Cyprus, but the most convenient and useful one is the “Cyprus Golden Visa”. A type of visa that grants a chance to become a citizen as well, Golden Visa of Cyprus is quite valuable. Without further ado, let us take a closer look at what you need to obtain this visa.
Requirement for Cyprus Citizenship by Investment
Even though it may seem complicated and hard to obtain such title, it’s quite simple with the latest updates in the law. With just a set of documents and a fair amount of investment, you’ll be able to become a Cypriot. These requirements are:
Purchase a real estate worth at least € 2 million, whether a single property or a several properties with a total worth of € 2 million. (If you wish to include your or spouse’s parents, you’ll have to invest additionally €500,000.)
You’ll have to make a donation of €100,000 to the Cypriot Government Research and Development Fund and a donation of €100,000 as well to the Cypriot Land Development Organization additionally
Have clear criminal record and past not related with any type of criminal activity
Have already done the investments before applying to the Golden Visa
You’ll have to transfer the money for the investment from abroad, not inside Cyprus
Have all the necessary documents that are required for a valid application such as: proof of available and legal funds, marital status, police records, property purchase documents, valid Identification card, a passport, and such.
These are all the requirements that you have to fulfill if you wish to become a Cyprus citizen. Requiring no more anything such as language proficiency test such as other European countries, you now have a chance to become a citizen of the European Union as well. A member of EU, all citizens of Cyprus are considered to be a citizen of EU as well. With the countless opportunities and a quality life that Cyprus has to offer for you, it sure is a valuable place to live in. Make sure to waste no time and contact us at Trem Global if you wish to live the life of your dreams.