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Is property in Cyprus worth investing in? How to obtain permanent residency through investment?

Cyprus is located in the eastern Mediterranean, with a subtropical Mediterranean climate with more than 340 days of sunshine a year, with a maximum temperature of 36 degrees Celsius and a minimum temperature of 6 degrees Celsius. It is a country with a very pleasant climate. Not only that, whether it is economic development or citizen welfare, Cyprus is an important factor for everyone rushing to invest in immigration.

Rapid economic development

Cyprus is located in an island country on the border of Europe and Asia. It has a strategic geographical location. Due to its unique tourism resources and a good business environment, Cyprus, with its steady economic growth, has become an important trading center of the European Union in the eastern Mediterranean.

In recent years, it has been discovered that there is a large amount of natural gas storage, about more than 6 trillion cubic feet. Once fully developed, it will be enough to meet 40% of Europe's natural gas supply, which can be used in Europe for about 100 years. It is called the "second Dubai".

With its unique geographical location and the double bonuses of resources and energy, the Cyprus economy has been at a rapid development rate.

Attractive tax rate

The low-tax EU country Cyprus has a corporate tax rate of 12.5%, which is one of the three countries with the lowest taxes among EU member states.

  • Exemption of income tax from international business branches and international business partner companies managed and controlled abroad;

  • No dividend distribution is levied, and profits earned from foreign permanent establishments are completely exempt from corporate tax;

  • Cyprus has signed agreements to avoid double taxation with more than 65 countries around the world;

  • There is no time limit to carry forward tax losses, and tax losses can be settled by the tax exemption method for group compensation;

  • Inheritance of foreign company shares in Cyprus is exempt from inheritance tax;

  • In most cases, dividend income is exempt from taxation;

  • There is no capital gains tax on the sale of overseas real estate;

  • The income from the sale of stocks, bonds or other securities is exempt from tax;

  • There is no property tax, inheritance tax and gift tax, and the special pension tax rate is only 5%;

  • There is no real estate tax, which saves a lot of money for customers who emigrate through house purchase.

The attractiveness of the tax rate advantage is big enough to attract the richest man in Norway to give up his original citizenship and become a citizen of Cyprus by investing in a house, so as to avoid huge income and inheritance taxes.

Superior welfare treatment

Seeing a doctor is difficult and expensive. In Cyprus, it is impossible, because Cyprus is a developed country with a complete medical system, and the most attractive thing is that it is free! Did you drop your jaw? Cyprus is such an attractive country!

In terms of education, Cyprus has outstanding advantages.

Cyprus citizens can freely choose to study in France, Germany and other EU countries. The tuition fee is about 1/2 of that of ordinary international students. The Commonwealth education system is adopted, and degrees and credits are mutually recognized with British and American schools. It is a low score to enter Cambridge, Oxford and other famous European schools springboard.

Moreover, the cost of living in Cyprus is very close to other European countries, whether it is travel or food, and you can eat a luxurious seafood meal for a few hundred dollars.

After reading the above points, I believe that everyone has understood why more and more elites choose to naturalize Cyprus.

Then how to immigrate to Cyprus to obtain permanent residency?

There are two types of immigration, one is to obtain a Cyprus green card and obtain permanent residency, and the other is to naturalize Cyprus and enjoy the same rights and freedoms as Cypriot citizens.

If you just want to obtain permanent residency, you can get a green card. To apply for a Cyprus green card, the simplest and most straightforward way is to get a green card for real estate investment. The general steps are as follows:

  • Applicants must be at least 18 years old and have no criminal record;

  • Purchase a property in Cyprus worth 300,000 euros (approximately 2.2 million yuan) or more (the property must be approved by the authorities and can be applied after review);

  • Have an asset certificate equivalent to 300,000 euros in the name of the individual and spouse, and provide documents (deposits, real estate, company assets are acceptable).

If you want to live permanently in Cyprus and invest in real estate, but do not understand the language, immigration policies, and real estate consulting in Cyprus, we recommend that you choose a professional agency that takes both immigration and real estate into consideration.

Recommend to everyone here: PRIME PROPERTY GROUP Prime Real Estate Company.

Prime Real Estate Company, established in 2003, is the only company in Cyprus that provides customized "A-to-Z" real estate solutions for customers. It can not only provide buyers and investors with real estate in Cyprus A full range of professional services, not only can solve consulting and handling business projects such as permanent residence and naturalization, but also can be one stop from your initial choice of buying or renting a house in Cyprus, to the final after-sales service, and even to leasing or later selling solution.

If you want to learn more about tourism, investment, permanent residence, naturalization and other related businesses in Cyprus, you can visit Prime Real Estate's official website.

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Налоги и пошлины
ID: 6399
Сбор за перевод права собственности (единоразовый)
1445.7 € (1.57 %) один владелец
1380 € (1.50 %) два владельца
Гербовый сбор (единоразовый)
138 € (0.15%)
Налог на недвижимое имущество (ежегодный)
75 € (0.08 %)
Муниципальный налог (ежегодный)
250 €/год (0.27 %)
Стоимость юридического сопровождения (единоразовая)
736 € (0.8 %) — 920 € (1 %)

Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.

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