Holidays in Cyprus are famous not for extravagant and crazy parties, but for the opportunity to spend time in peace, enjoying the surrounding beauty and service. After a vacation in this country, it may well be that you want to move there to live. To make such a dream come true, several conditions must be met.
Instructions
Step 1
Buy property in Cyprus. This is the safest way to obtain a residence permit. In addition, you must open an external account with a local bank. The country's government is interested in emigrants who can provide capital inflows. Therefore, regular top-ups will make you more than a pleasant citizenship applicant. To obtain a residence permit, you must provide the embassy with a copy of your passport, 4 photographs 3 * 4, a bank statement and a document confirming your ownership of real estate.
Step 2
The listed conditions allow you to obtain a temporary residence permit and guest status. In order to acquire visitor status, in addition to the previous circumstances, you must prove that your family (of 2 people) is guaranteed to be able to receive an income of 15,000 euros.
Step 3
Another, almost guaranteed way to obtain a permanent residence permit, is the prospect of opening an office of an international company in the country. Naturally, this fact must be documented.
Step 4
The desire to open a business in the country is also a good reason for obtaining a residence permit. However, at the same time, the condition must be met that your business activity does not negatively affect the economy of Cyprus. Keep in mind that the minimum capital amount for your business cannot be less than 260,000 euros. Opening a company does not entitle you to be an employee of it. Even the leader must be a citizen of the country. You can only be considered a business organizer and receive dividends.
Step 5
There is another way to become a resident of the country. Get a work visa and in 7 years you will be eligible to become a citizen of the country. However, in order to live in the country for this period, one should not violate the rights of citizens to get jobs.
