Cyprus: Your Gateway to European Residency
Just a short flight from major regional centers lies one of the most attractive pathways to European residency. Cyprus, the sun-drenched Mediterranean island, offers much more than stunning beaches and enchanting natural landscapes – it provides an accessible and relatively fast route to permanent residency in the European Union.
The Royal Road to Europe
Cyprus’s Permanent Residency (PR) pathway is considered one of the most attractive routes in Europe today. At its center is an investment of €300,000 or more in a new property from a developer, plus VAT. The pathway is particularly suited for families looking to secure their future in Europe, with emphasis on tech professionals and those in liberal professions.
Entry to the program requires an annual income of €50,000 for the main applicant, plus €15,000 for a spouse, and an additional €10,000 for each child. For an average family, these are achievable amounts, especially for tech workers and sought-after professionals.
New Life on the Island of Sun
Life in Cyprus offers a perfect combination of European quality of life with warm Mediterranean atmosphere. The island boasts a high-level international education system, advanced healthcare system, and vibrant international community. Particularly in the main cities – Limassol, Larnaca, and Paphos – you can find all the advantages of modern living alongside family-oriented and community atmosphere.
Limassol, the island’s tech capital, attracts many young families thanks to its developing technology scene. Larnaca, with its international airport, offers a more family-oriented atmosphere and more comfortable real estate prices. Paphos, on the other hand, mainly attracts an older British and European population and offers a quieter, more relaxed atmosphere.
Tax Advantages
One of the most attractive focal points in Cyprus is its appealing tax policy. The country offers relatively low tax rates, including corporate tax of only 12.5%, 2.5% tax for technology companies, and close to 0% tax on dividends for company owners. For remote workers, Cyprus provides the opportunity to continue working for foreign companies while utilizing the advantages of the attractive tax system.
Thriving International Community
In recent years, a thriving international community has developed in Cyprus, particularly in Limassol. The community includes young families, business people, and tech workers. The community infrastructure includes active cultural centers, diverse restaurants, and a variety of social and cultural activities.
Looking Forward
After seven years of residence on the island, including five years of effective presence, the possibility opens to apply for Cypriot citizenship. This is a significant opportunity for families planning their future in Europe, with the possibility of full freedom of movement within the European Union space.
The decision to move to Cyprus is a significant step, but proper planning and appropriate professional guidance make the process clear and accessible. The island offers a unique opportunity for international families seeking to combine high quality of life with business opportunities and a future in Europe.
Cyprus is not just another investment destination – it’s an opportunity to build a new life in a place that combines all the advantages of Europe with convenience and regional accessibility. For international families seeking their way to Europe, Cyprus offers the most accessible and promising pathway.
So How Do You Start?
Purchasing one or two properties, with a cumulative investment of at least €300,000, will allow anyone, even without a European passport, to obtain permanent residency in Cyprus. Choosing the right property for your investment will make your journey to permanent residency in Cyprus a decision that will significantly impact your quality of life on the island and the success of the entire process.
As part of this complex process, it’s important to work with professional entities who know the local market and all aspects of the process. Nexton, one of Cyprus’s leading real estate development companies, specializes in guiding international families on their path to permanent residency on the island.
The company offers a comprehensive solution for investors interested in benefiting from the Permanent Residency program, from finding the property that suits you as part of the company’s rich property portfolio, to completing the process of obtaining permanent residency in Cyprus.
Nexton’s professional team understands the unique needs of international families. We offer properties that meet all the criteria for permanent residency, accompany you through the bureaucratic process with authorities, and work in collaboration with leading lawyers and accountants on the island. Our guidance includes assistance with acclimatization, getting to know the local community, and ongoing support even after the move.
Cyprus is not just another investment destination – it’s an opportunity to build a new life in a place that combines all the advantages of Europe with convenience and regional accessibility. With Nexton by your side, the dream of a new home in Cyprus is closer than ever to realization.
