Cyprus, a Mediterranean land of incredible beauty, charm, and history. Thousands upon thousands of tourists flock to Cyprus each year to enjoy the Mediterranean cuisine, world-renowned beaches, and weather. But how many expats actually uproot their lives here? Thanks to the Cyprus Investor Immigration Permit (also known as the Cyprus CBI program or the Cyprus Golden Visa), non-EU nationals who buy property or set up a business in Cyprus can acquire legal residency and even become an EU citizen with a Cyprus passport.
In this Cyprus Investor Immigration Permit guide, learn about:
- What the Cyprus Investor immigration permit is
- Investment options for obtaining the permit
- Benefits of applying for the golden visa
- Step-by-step guide to the Cyprus investment program
- Plus more!
What is the Cyprus Investor Immigration Permit?
To accommodate the Cypriot government’s wishes to enhance foreign affairs and boost its economic growth, Regulation 6(2) of the Aliens and Immigration Regulations has been recently altered by the Ministry of Interior within the migration department. Called the Cypriot Investor Permit, foreign investors can acquire residence permits and live in Cyprus, in exchange for making a qualifying investment in the nation.
It is important to flag that the Cyprus investor program has existed for many years, however, the program criteria as well as the application process has been recently amended to make the program even more attractive for prospective investors. While across the world, there are many citizenship by investment programs to consider including the Luxembourg Investor Visa , the Investor Visa Belgium and Malta Citizenship By Investment, Cyprus offers a unique combination of attractive benefits that make it one of the best investment schemes to consider.