At the end of April 2023, the Cabinet of Ministers of the Republic of Cyprus approved amendments to the rules for issuing immigration permits to investors from third countries.
Buying real estate in Cyprus gives an opportunity to become a holder of Permanent residence permit of Cyprus. Examples of real estate for investment.
The key requirements of the Cyprus “Golden Visa” program are the purchase of primary residential real estate directly from the developer.
The Investment program of Cyprus is no longer valid but you may still get the permanent residency of Cyprus by investing in real estate.
Malta Residence by Investment program Policy must end, says Ursula von der Leyen, President of the European Commission. That was her response to the question from the press regarding her position on citizenship by investment in Malta.
The European Commission in June 2021 expressed dissatisfaction with the fact that Cyprus continues to process applications for Cyprus citizenship, which were “hung” under consideration.
The interest in obtaining citizenship by investment is at a high level. Many investors want to have a European Passport to be able to visit Europe and travel to other destinations.