Motives for Becoming a Cypriot Tax Resident
- Direct investment of €5.000.000 or
- Combination of investment of €2.000.000 and a donation of €500.000 to a government fund or
- Business activities in Cyprus that result to a total of taxes of €1.500.000 paid all in Cyprus.
The council of Ministers shall have the right on special occasions to reduce the above criteria to €2.5 million to investors, who demonstrable participate in a special collective investment scheme, provided that the total value of investment is at least €12.5 million. The applicants should also acquire a property of minimum €500.000 and have a clean criminal record.
Permanent Residence Permit(Category F):
The main criteria for acquiring an Immigration Permit in Cyprus are:
- Acquisition of property of a minimum of €300.000
- Clean criminal record