An Investment Hotspot – A Prosperous Future
INTRODUCTION
The Republic of Cyprus, an island nation in the Mediterranean, is a modern country with a strategic geographical location at the crossroads of three continents: Europe, Asia, and Africa. This provides unparalleled opportunities for travel and tourism. With its rich heritage, numerous beautiful beaches, and some of the cleanest swimming areas in Europe, the economy is primarily focused on developing services, transportation, and tourism, making it a popular destination for vacationers. Cyprus is also an emerging energy hub in the region, following the discovery of large oil and gas reserves within its exclusive economic zone. The country has also become a favored location for investors seeking to relocate, thanks to its business-friendly tax policies.
The Cyprus Investment – Residency – Citizenship Program was launched in April 2013, allowing foreign investors to obtain citizenship of the Republic of Cyprus by investing in real estate on the island.
REASONS TO INVEST AND SETTLE IN CYPRUS
- The Republic of Cyprus is a member state of the European Union (EU).
- Ranked among the top 5 best destinations for residency in the world.
- Enjoys a mild Mediterranean climate.
- Relatively low cost of living with a high standard of living.
- Attractive tax policies: no property tax, no inheritance tax, and the lowest corporate tax rate in Europe at 12.5%.
- Low cost of setting up a business.
- The lowest crime rate in Europe – the safest small country in the world.
- Home to many “Blue-Flag” beaches – some of the most beautiful beaches in the world.
- Developed financial center, strategic location, and advanced infrastructure.
- Education system following British standards, free tuition for public schools, and significantly lower costs for international private schools compared to the UK (3 to 6 times lower).
- High foreign direct investment (FDI) contributing to real estate market stability.
- English is widely spoken.
- CYPRUS INVESTMENT PROGRAM (CIP)
Benefits:
- The 8th most powerful passport in the world will be issued to the investor, their spouse, the parents of the applicant and their spouse, and children under 28 years old.
- The right to live and work in any EU member state.
- Visa-free access to over 170 countries, including EU member states, Canada, New Zealand, and Australia, etc.
- The right to retain Vietnamese citizenship and pass on citizenship and assets to future generations.
Investment methods:
- Invest a minimum of 2,000,000 EUR in a property. If parents accompany, the investor must purchase an additional property worth 500,000 EUR.
- Contribute 75,000 EUR to the Research Promotion Fund.
- Contribute 75,000 EUR to the Cyprus Land Development Fund.
To maintain citizenship, the applicant must:
- Retain the real estate investments for a minimum of 3 years.
- Always keep a property worth 500,000 EUR to be used as a permanent residence.
Requirements for the investor:
- No language, educational, or age requirements.
- Clean criminal record.
- The main applicant must be at least 18 years old.
- The main applicant and all adult members included in the application must have a valid Schengen visa.
PERMANENT RESIDENCY (PR) INVESTMENT PROGRAM
Benefits:
- The entire family receives permanent residency cards (PR), including the spouse, parents, and dependent children up to 25 years old.
- Permanent residency cards are issued within 2-3 months after application submission, are valid for a lifetime, and do not require renewal.
- After 7 years of residency, the investor and family can apply for Cypriot citizenship.
- Easy travel within the EU region.
- Ability to own a company in Cyprus and receive dividends.
- The right to apply for Cypriot citizenship.
To participate in the program, the applicant needs to:
- Invest at least 300,000 EUR (excluding VAT) in a property.
- Open an account with a minimum of 30,000 EUR (~800 million VND) in the Republic of Cyprus.
- Prove an annual income outside of Cyprus of at least 30,000 EUR, plus an additional 5,000 EUR for each dependent.
Translation:
“The letter F originates from the first letter of the word Family.
– F1: U.S. citizens (naturalized) sponsoring children over 21 years old who are still single.
– F2A: Permanent residents (green card holders) sponsoring their spouses or children under 21 years old who are single.
– F2B: Permanent residents sponsoring children over 21 years old who are still single.
– F3: U.S. citizens sponsoring children who are married.
– F4: U.S. citizens (over 21 years old) sponsoring their siblings.
According to the visa bulletin above, we can see that children under 21 years old who are single are prioritized for sponsorship the earliest, and U.S. citizens are given higher priority than permanent residents. They can also sponsor married children and siblings.”
If you have relatives or friends who want to learn about immigrating to the U.S. under the L1 visa category, please contact our office for a free consultation.
1. Garland : 3112 N. Jupiter Rd, Ste 212, Garland, Tx 75044
2. Irving: 4441 W . Airport Fwy, Irving, Tx 75062
3. Houston: 10613 Bellaire Blvd, A.107, Houston, Tx 77072
CHƯƠNG TRÌNH ĐỊNH CƯ DIỆN ĐẦU TƯ TẠI SASKATCHEWAN CANADA
CHƯƠNG TRÌNH ĐẦU TƯ ĐỊNH CƯ ĐẢO SÍP (CYPRUS)
ĐẦU TƯ ĐỊNH CƯ MỸ EB5
DU HỌC MỸ NHỮNG ĐIỀU CẦN BIẾT
NHỮNG CHÍNH SÁCH ĐỊNH CƯ MỸ PHỔ BIẾN HIỆN NAY
CÁCH GIA HẠN THẺ XANH TẠI MỸ
