a better future
|Option||The Best Option||Option||Option||Option||Option|
|Name of Program||Permanent Residence in Malta by means of Investments||Permanent Residence in Cyprus||Permanent Residence in Hungary||Residence Permit in Spain||Residence Permit in Greece||Residence Permit in Portugal|
|Amount of Investment||550,000 – 600,000 Euro (government bonds + property)||300,000 Euro (Purchase of Property)||300,000 Euro (government bonds) + 60,000 Euro fee||500,000 Euro (Purchase of one or several residential, commercial real estate as well as land)||250,000 Euro
(Purchase of Property)
|500,000 Euro In some regions of Portugal the limit is reduced up to 350,000 Euro (Purchase of one or two property objects)|
|Validity Period||Issued for 5 years with automatic extension in future||Unlimited||Unlimited||Issued for five years and gets extended for unlimited number of times without any problems||First Residence Permit is issued for 1 year, next it gets extended by two years twice and then for another 5 years||The procedure in Portugal is as follows: 1+2+2 years. After 5 years a Permanent Residence Permit may be granted|
|Family Members||Residence Permit applies for all members of the Investor’s family: children under the age of 18 years, the husband/wife and parents dependent on the applicant||Applies for all members of the family, including children up to 25 years and parents from both sides||Applies for the Investor and investor’s family members – husband/wife and children of minor age (under 18 years)||Applies for Investor and investor’s family members – husband/wife and children of minor age (under 18 years)||Applies for Investor and investor’s family members – husband/wife and children of minor age (under 18 years)||All the family members of the applicant – wife, children of minor age and parents from both sides (charged extra) – can also participate in the program|
|Timeframe for obtaining documents||3 months||2 months||6 months||4 – 6 months||15 – 30 days||2 months|
|Obligation to visit the country||Yes||Yes||No||Yes||Yes||Yes|
|Obligation to stay in the country (minimum days per year)||0||1 day within 2 years||0||7 days within the first year, 14 days within each of the two following years||0||7 days within the first year, 14 days within each of the two following years|
To obtain a residence permit in Cyprus, citizens of Russia or other countries need to buy real estate worth at least €300 thousand without VAT. It should be 1 or 2 new properties from the same developer. Before You receive a Cyprus residence permit, You need to apply for it. You are able to do so only after paying €200 thousand according to the value of the object. By this time, the contract of sale should have already been registered in the local land department.
Get a residence permit in a short time: the procedure usually takes about two months. The residence permit is granted not only to the applicant, but also to his family members, including children under 25.
The residence permit gives the right to live in the country all year round without leaving it.
The advantage of a Cyprus residence permit is that it does not require an extension and the validity is for a whole lifetime. To retain the right for Cyprus permanent residence, You do not need to live in the country every year for three months: it is enough to visit the island only once every two years. It is also necessary to open a deposit of €30,000 for three years at any local bank.
Более подробную информацию о налогах и сборах при покупке недвижимости на Кипре вы можете получить на нашей странице.
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