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About the application:

Looking for best put to buy a holiday home? Don't know where to buy a holiday home? Search Cyprus villas with pools in our Property Aplication. Cyprus Investment Tool : “Become a citizen of Cyprus – a European Union Country – by investing in "Cyprus Investment Program” One of the main objectives of the economic policy of the Republic of Cyprus is to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus. Key factors that create Cyprus an beautiful destination for investment, is the highly specialized human capital, the reliable legislative and regulatory framework, the stable tax system and the security and stability conditions prevailing in the country. Requirements and Conditions 1.Application will be examined within 6 months. 2.A €2 million (plus vat if any) - Investment in a single Residence. A single property to be used as a residence at a minimum value of €2 million (plus VAT if any). The residence must be retained by the investors for a period of 3 years. After 3 years the Investor has the right to sell his/her property and buy other one at a minimum value of €500,000 3.A €2 million (plus Vat if any) Investment in a selection of Residential Properties, out of which one property is to be used as a privately-owned permanent residence of a minimum value of €500,000 (plus VAT if any). The remaining €1.5 million can be invested in a range of residential properties, which may be resold after 3 years. 4.A €2 million investment in the equity or bonds of companies for use in approved projects plus a residential property to be used as a privately-owned permanent residence of a minimum value of €500,000 plus VAT. 5.The parent's of the investor may apply for citizenship aſter the investor had acquired the Cypriot citizenship. They need to keep a permanent privately owned residence in the Republic of Cyprus, the purchase price of which must be at least €500.000 6.It is noted the investor and his/her parents may collectively acquire a residence, provided that the total of this home – property is at least €1.000.000 7.The applicant, prior to his/her naturalization as a Cypriot citizen must keep a residence permit in Cyprus. If the applicant does not already keep a residence permit, he/she may apply for an immigration permit on the basis of Regulation 6(2) of the Aliens and Immigration Law, simultaneously with the application for naturalization. 8.The applicant could have created the important investments during the three years preceding the date pf the application and must retain the said investments for a period of at least three years as from the date of the naturalization. 9.The tool applies to the immediate family of the applicant i.e the spouse or partner and dependent kids up to the age of 28 if full time university students and for kids with severe physical or mental disability. 10.Applicants must keep a clear criminal record from the country of origin and the country of residence (if different). 11.No requirement to physically reside in Cyprus, before/after approval. Tags: rightmove cyprus rightmove cyprus larnaca rightmove cyprus paphos rightmove cyprus peyia rightmove cyprus protaras rightmove overseas cyprus a put in the sun properties apartments and villas in cyprus apartments for sale in cyprus beach house cyprus buy sell cyprus cy true estate cyprus apartments cyprus homes to buy cyprus property cyprus property developers cyprus villas with pools estate agents in protaras cyprus homes for sale in cyprus houses for sale in cyprus houses for sale in limassol houses for sale in paphos houses in cyprus owners direct cyprus property investment in cyprus real estate limassol rightmove abroad rightmove cyprus rightmove cyprus for sale rightmove for sale rightmove greece rightmove houses for sale rightmove international rightmove fresh homes rightmove overseas cyprus rightmove property for sale http://www.propertiesforsaleincyprus.co.uk