What is the cost of investing in immigrants in Cyprus?

How much does it cost to invest in immigration in Cyprus?

1, investment cost:

Purchase a property worth 300,000 euros or more in Cyprus (the property must be approved and audited by the authorities before applying);

2. Handling fee:

The handling fee will be collected by stages, and the total cost is RMB100000 yuan (if successful):

(1) The consulate will charge a visa fee of RMB/person from 480 yuan when applying for a study visa;

(2) translation fees;

(3) Attorney's fees: about 1000-4000 euros;

(4) Construction purchase tax 17% (VAT);

(5) Airplane fare and all expenses incurred after landing;

(6) Permanent residence fee: 120 Euro/family charged by the government (to be paid upon arrival in Cyprus);

(7) Consular certification: 350 yuan RMB/seal (maximum 3 seals for sealed application materials);

(8) Physical examination (routine physical examination abroad, subject to hospital charges);

(9) Insurance premium for going abroad (the insured amount is more than 30,000 euros);

(10) After obtaining permanent residency, you can apply for an EU visa and enter and leave the EU freely (multiple trips a year, visa/permit fee is 500 euros per person).

Cyprus investment immigration policy

On August 23rd, 20 12, the Ministry of Interior of Cyprus issued a policy announcement on housing purchase and immigration. The policy change reflected in this announcement is the so-called "8.23" New Deal. In the New Deal, there are nine major changes in the housing immigration policy: