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 20 Sep 2018 Antoine Saliba Haig
The taxation system in Cyprus has broadened the scope of persons who are eligible as tax residents. Through recent amendments introduced in 2017, persons who merely spend 183 or 60 days in Cyprus will be considered ‘tax resident’ and therefore will be charged on the income which arises or accrues in or outside of the State.
 20 Sep 2018 Antoine Saliba Haig
The property market in Cyprus has experienced significant growth recently, especially within the last quarter of 2017. Residential property has therefore proven to be a steady investment, with high returns. The process of acquiring property in Cyprus is dealt within in different manners, depending on whether the buyer is a resident of Cyprus, a citizen of a Member State within the EU, or a non-EU national. Tax regimes have been put in place to promote Cyprus as the ideal jurisdiction to own prop
 03 Sep 2018 Antoine Saliba Haig
The Civil Registry and Migration Department (CRMD) of Cyprus is the central authority entrusted with processing applications related to residency and citizenship in Cyprus. It is based in the country’s capital city of Nicosia. The CRMD is responsible for issues related to entry and residence permits of third country nationals, for legal residency and/or citizenship, employment and rights of third country nationals in Cyprus. It processes applications from individuals of vast backgrounds who wish
 17 Jul 2018 Antoine Saliba Haig
Dual citizenship is the right to have citizenship of two countries concurrently and in Cyprus dual citizenship/nationality is accepted by law. Since no restriction is imposed by either the Civil Registry Law (2002) or the Treaty of Establishment of the Republic of Cyprus (1960), nationals of the Republic of Cyprus can have dual or multiple citizenship without any legal implications.
 21 Jun 2018 Jean-Philippe Chetcuti
The revisions made to the Cyprus Citizenship by Investment Programme in 2016 provided for the granting of the Cypriot citizenship by investment to the spouse, children as well as parents of the investor. Further amendments were introduced in 2018, namely a cap of 700 applicants per year, enhanced due diligence procedures and change of the name of the programme to Cypriot Investment Programme.
 20 Jun 2018 Jean-Philippe Chetcuti
Cyprus Citizenship by Investment is fast-track Citizenship Programme. Cyprus Citizenship aimed at high net worth individuals, investors and entrepreneurs.
 10 Nov 2017 Jean-Philippe Chetcuti
Hundreds of Cyprus citizenship applications being received every year. Cyprus Citizenship applications are vetted and approved by the Cypriot government.
 10 Nov 2017 Jean-Philippe Chetcuti
One can obtain EU Citizenship through Cyprus Citizenship by Investment Programme. EU Citizenship, beneficiaries enjoy the right of free movement.
 10 Nov 2017 Jean-Philippe Chetcuti
Cyprus Citizenship by Property Investment is the way how one may obtain benefits of EU citizenship by €500,000 investment in a Cyprus residence.
 22 Aug 2017 Jean-Philippe Chetcuti
Permanent residency on a normal-track basis has a lower threshold of annual income and allows renting a house prior to purchase but it takes a longer time.

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