Once you have attained your residency by investment in Cyprus, it is not a requirement for you to live there. You can live in other countries and still retain your residency there. You are only required to visit Cyprus at least once after two years. This will help you obtain a permit valid for life.
The residency permit covers your whole family
Once you get the residency by investment permit, it is enough to cover any other member of your family who wishes to come and live with you. You can carry your spouse, children, and parents of both spouses without having to apply for extra passports.
You can rent the property acquired
If you acquire the property but do not wish to live in Cyprus and use it, you are allowed to rent it out as long as the possession remains under your name. This way, you will still be earning from your property and securing your participation in one of the EU residency investment programs.
Another benefit is that there is no language requirement, making the process more friendly. Acquiring EU passport property investment has made the dreams of everyone who has wished to live in Cyprus easy to achieve. Just a few conditions to be fulfilled and then you get your residency in the state of your dreams. Have any queries? Get in touch with us.