Motives for Becoming a Cypriot Tax Resident
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: