Non-EU citizens who purchase property in Cyprus can benefit from a new and accelerated procedure for obtaining a Permanent Residence Permit. The parents (his and or her spouse's) of Permanent Residency holders or future applicants can also apply for a permit. Given this new procedure and the savings of thousands of Euros due to the abolition of transfer fees, now is the best time to buy property in Cyprus.
To find out how Blue Sky Properties can assist you in the procedure of obtaining your permit, please contact us.
WHY IMMIGRATE TO CYPRUS
Situated in the eastern Mediterranean Sea at the crossroad of Europe, Africa, and Asia, the Republic of Cyprus is considered one of the largest international business and shipping centres for Europe, Russia, and the Middle East.
Its entry into the European Union in 2004 makes Cyprus a safe environment for residence and investments. With its almost year-round sunshine, well-developed socioeconomic infrastructure, stress-free lifestyle, and very low crime rate, Cyprus is the perfect place to enjoy life to the fullest.
The country’s immigration laws provide investors with an inimitable opportunity to invest in the Cyprus economy and gain Permanent Residence permits, and with the recent discovery of significant reserves of natural gas off the coast of Cyprus, the opportunities are many.