Permanent Residency in Cyprus - Category F

Introduction

Welcome to Hadjivangeli.com, your trusted source for legal services in Cyprus. In this article, we will guide you through the process of obtaining permanent residency in Cyprus under category F. Our experienced team of lawyers specializes in immigration law and can provide you with comprehensive assistance throughout the entire application process.

Understanding Permanent Residency in Cyprus

Permanent residency offers numerous benefits, including the right to reside and work in Cyprus indefinitely. Under category F, individuals who meet specific criteria can apply for permanent residency in Cyprus. This category is designed for high-net-worth individuals and investors who are seeking to establish a significant presence in the country.

Eligibility Criteria

In order to be eligible for permanent residency under category F, you must meet the following criteria:

• Invest a minimum of €300,000 in real estate, development projects, or infrastructure projects in Cyprus.
• Hold a clean criminal record and provide a certificate of good conduct from your home country.
• Prove that you have a secure annual income originating from sources outside of Cyprus.
• Meet the immigration control criteria, such as having a valid passport and medical insurance.

The Benefits of Permanent Residency in Cyprus

Obtaining permanent residency under category F offers several advantages:

• Unrestricted travel within the European Union (EU) and Schengen countries without the need for a visa.
• Access to high-quality education and healthcare systems in Cyprus.
• Opportunities for business expansion and investment within the EU.
• A favorable tax regime, including various tax incentives and exemptions.

The Application Process

Our team of expert lawyers at Hadjivangeli.com can guide you through the seamless application process, ensuring a strong chance of success. Here's an overview of the procedure:

Step 1: Initial Consultation

We start by conducting a thorough initial consultation to understand your specific requirements and assess your eligibility for permanent residency under category F.

Step 2: Document Preparation

Our dedicated team will assist you in preparing all the necessary documents, including the application form, proof of investment, criminal record certificate, and proof of income from external sources.

Step 3: Submission of Application

Once all the documents are prepared, we will submit your application to the Cyprus authorities, ensuring it complies with all the relevant regulations and guidelines.

Step 4: Application Processing

The immigration authorities will thoroughly review your application to ensure it meets all the requirements. Our legal team will actively follow up on the progress of your application and provide any additional information or clarification if required.

Step 5: Permanent Residency Approval

Upon approval of your application, you will receive your permanent residency certificate, granting you the right to reside and work in Cyprus indefinitely under category F.

Conclusion

Obtaining permanent residency in Cyprus under category F is a significant milestone for high-net-worth individuals and investors seeking to establish themselves in the country and enjoy the vast benefits it offers. At Hadjivangeli.com, we have a proven track record of providing reliable and efficient legal services for permanent residency applications in Cyprus. Contact us today to get started on your journey towards a prosperous future in Cyprus.