If your company is looking for safe harbour in these turbulent times, we would like you to consider Cyprus.
Options for Relocation
1. Citizenship by Investment
Key requirements
- Investment in requirements for up to €2 million in Real Estate or in other eligible investment option
- Purchase of a main residence for €500,000 (plus VAT if applicable);
- Donate €75,000 for R&D and €75,000 to land development organizations;
- Due diligence and background checks are carried out.
2. Start-up visa
The Cyprus Startup Visa plan aims to attract third-country foreign investors who wish to reside and invest in innovative businesses in Cyprus.
Key requirements
A national of a non-EU country who:
- is the sole founder and meets the specific enterprise requirements and has a good knowledge of Greek and/or English language?
3. Work permit for non-EU persons
Non-EU persons who wish to work in Cyprus must obtain a work permit. For new companies being setup in Cyprus, there are few criteria for obtaining work permits for their employees.
Key requirements
Companies of foreign interest wishing to employ third-country nationals in Cyprus must meet the following conditions:
- Their third-country shareholders should own the majority of the company’s shares and shall have fully operation offices in Cyprus.
- There must be a foreign direct investment of capital totalling at least €171,000 which has been legally admitted to Cyprus from abroad.
4. Permanent residency
Permanent residency in Cyprus can be obtained through investment in real estate. This process does not, however, give eligibility for a work visa.
Key requirements
The programme requires investment in real estate with a minimum market value of €300,000 plus VAT. In addition, an applicant must meet specific requirements
- Maintain a deposit at a Cypriot bank with a minimum balance of €30,000 and has secured annual income. As well he shall declare they have no intentions to work in Cyprus
- Have a clean criminal record;
- Visit Cyprus at least once every 2 years;
How can we assist you?
• Advice and tailored solutions for your relocation
• Desired services from A to Z: doing paperwork, arranging meetings with authorities, etc.
• Finding real estate suited to your needs as well as setting up a fully operational company
• Help finding high-calibre employees so your business operates successfully
• Advice in the selection of private education organizations