Motives for Becoming a Cypriot Tax Resident

Passport:

• 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