EU Residency / Citizenship

Greece residency permit benefits:
• Residence permit is granted for 5 years, and can be renewed indefinitely, as long as the requirements continue you be met.
• Residents enjoy visa-free travel across the whole Schengen Area.
• Residency is granted in 30-60 days, assuming all conditions are met.
• Apart from the initial visit and a second visit for biometric capturing before issuing the EU identity card, all other formalities can be conducted by a local legal representative.
• Unlike other countries, there is no requirement to reside in Greece before being eligible to apply.
• Investors can be accompanied by a spouse, children and parents.
• Residents enjoy access to public higher education in Greece under the same conditions as citizens, and also across the EU with the benefits of a European resident.
• The permit entitled the holder to establish and operate his own business.
• Residents have the opportunity to generate rental income from the purchased property.
• After holding the Permanent Residency for 7 years then you are allowed to apply for the citizenship. No physical existence for these 7 years is required but other conditions have to be met.

Cyprus Residency by Investment Program enables foreign investors to obtain a Cypriot permanent residence permit (PRP) in just 2 months through a property purchase starts from 150,000€ to €300,000 (plus VAT).

The property should be a first-time sale and may comprise of up to two housing units which must be purchased from the same developer.
Once the PRP has been granted, applicants are required to visit Cyprus within 1 year to submit their biometrics data for issuance of their PR card and should not be absent for more than 2 years.
Cyprus Residency can be used as a first step towards Cyprus Citizenship.
This can be acquired in 5 years, provided all the requirements are met.

Cyprus Residency by Investment Program enables foreign investors to obtain a Cypriot permanent residence permit (PRP) in just 2 months through a property purchase from €300,000 (plus VAT).

The property should be a first-time sale and may comprise of up to two housing units which must be purchased from the same developer. Once the PRP has been granted, applicants are required to visit Cyprus within 1 year to submit their biometrics data for issuance of their PR card and should not be absent for more than 2 years. Cyprus Residency can be used as a first step towards Cyprus Citizenship. This can be acquired in 5 years, provided all the requirements are met.

Arrival of Travellers in Cyprus Increase 3% from June 2018 to June 2019:

The arrival of travelers in June 2019 reached 661.970 compared to 642.030 in June 2018, recording an increase of 3.1%, according to data released by the Statistical Service of Cyprus.

The increase is mainly attributed to the return of residents of Cyprus (19.5%).

For the period of January – June 2019 arrival of travelers totaled 2,452,481 compared to 2,354,276 in the corresponding period of 2018, recording an increase of 4.2%. During the same period, an increase of 14.6% was also recorded for the return of residents of Cyprus.

Concerning the departure of travelers, an increase of 2.8% was recorded in June 2019 as compared to the corresponding month of the previous year, as well as an increase of 4.6% for the period January – June 2019.