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Greece Residency By Investment Program
Greece Residency By Investment Program

Greece Residency by investment is one of the most popular investment programs in the EU region. Greece Residency by investment is a program created by the local government for  non-EU citizens that has contributed significantly to the Greek economy. There are many options for this investment program, but the most common is investing through the purchase of real estate with a value of at least €250,000.The reason why Greece Residency by investment is very popular with the public, so it has become the most popular investment visa program, namely because later non-EU citizens can get citizenship and access to the EU area. Another reason is that the Greek gold visa program offers investors and their families a five-year residency directly, as well as free access to travel in the Schengen Zone.In the process, you are not required to come or be directly in Greece. To complete the investment, you can provide a Power of Attorney to a legal representative or advisor .Variety of Investment Options for Greece . Program Residency by InvestmentGreece registrar Residency by investment , then you must make at least one of the following various investment options:Estate purchase with a minimum value of €250,000.Approve and sign a seew agreement with local hotels or tourist attractions for at least 10 years.Make a capital investment of at least €400,000 in a company registered with the Greek government.Invest a minimum of €400,000 in Greek government bonds.Estate investment company in Greece.Invest a minimum of €800,000 in corporate or local government bonds.Make a deposit of at least €400,000 in a Greek bank.Recuirement for Greece Residency by InvestmentBefore stepping into the process, you must meet several eligibility criteria as a Greece applicant Residency by the following investments :Investors must be adults or over 18 years of age.Investors must not have a history of criminal records in any country where they live.Investors must already have health insurance from companies operating in Greece.Investors must be willing and committed to make significant investments in Greece.Greece Program Benefits Residency by InvestmentTo be the most popular and competitive in EU, of course Greece Residency by Investment has various benefits, including:Greece Residency by investment is an investment program with a variety of options that have a relatively lower threshold than most EU countries which also have similar programs.As an investor, you will have the right to extend your visa by including family members, such as spouse, unmarried children under 21 years of age and parents who are dependent on you or your spouse. Especially for children, who are over 21 years old and not more than 24 years old, may be included as long as they are still students.In the process, investors are not required to stay in Greece for a certain period of time and certainly do not need to renew a residence permit.Investors and their families can have the opportunity to enjoy free travel without using a visa to the Schengen Zone .Investors are allowed to lease back the properties they have purchased.Investors have a free right to live and invest in all regions of Greece.Investors are also entitled to access in the fields of education and health care in the Greek region.Investors can apply for the creation of Greek citizenship. However, in this case, you are required to live in Greece for at least seven years. Greece is a member of the EU, therefore, once you are officially a citizen of Greece, you will later have access to the EU free market and visa-free travel to more than 100 countries.Application Submission Stages or Processes for Greece Residency by InvestmentBefore entering the application process, you must apply for Greece Residency by invest first in the Department of Alien and Immigration which is in the Greek Decentralized Authority, after you previously applied for a visa to the Greek Embassy or Consulate abroad. As for the process, namely:Obtain a national scale visa from the Greek government at the embassy or consulate in each country.The next step is to complete the investment you have chosen. Be wise in choosing investments, because later it will matter if you want to hire professional help at the time of application.Gather all the necessary documents for the Greece program Residency by investment .After you feel ready with the things above, the next step you have to do is submit documents to the Alien and Immigration Department at your local location.Waiting for your visa to be processed, for approximately the next three months.The next step can be taken when your visa application is approved. In this case, you will later be asked to come back to Greece to submit biometric information .Documents to be Prepared to Apply for Greece Residency by InvestmentThese documents include:Application formAttach a recent photo of yourself with the size of a passport. In this case, you can find out the conditions through an advisor .Passport. There are two passports that you must include, namely a valid passport and a copy. In your passport, you must also include the necessary entry visa documents.Documents that prove that you have paid government fees in accordance with regulations.Documents that prove that you have health insurance in Greece, both for yourself and for each family member.Proof that you have made an investment or deposited the related funds in accordance with the agreement.Documents requested by local authorities.Additional documents according to your type or investment choice, such asReal estate purchases Documents related to this type of investment are purchase contracts, which contain information on the purchase price, payment methods, whether held by institutions or credit, and conditions or facts of purchase. Then there is also proof of the transfer of the contract as well as the certificate issued by the Land Registration Office.Rent a hotel or tourist spotDocuments related to this second point are like a timeshare contract for a period of 5 years with a price per year. Then proof of transfer registration from the Land Registration Office and a certificate issued by the National Tourism Organization (EOT).Investment in companyFor this investment option, the documents include company details , detailed investment project documents, project location, budget and financing structure for the investment, timeline, prediction of results in the first five years, documents detailing the number of jobs to be created, brief cv, and position. investors in investment projects.Note: the document to be attached must be translated into Greek, and the document must be certified by the Apostille Stamp (from the Hague Convention country) or the Greek Embassy (if from a country not part of the Hague Convention).

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Indonesia Residency by Investment
Indonesia Residency by Investment

When you have found a country that offers immigration through an investment and is considered suitable for business activities, making a visa becomes a very necessary and basic thing. When a foreign entrepreneur already has a limited stay visa, namely C13 or C14 for foreign investment activities in Indonesia and has applied for a certain number of years for a permanent residence, the entrepreneur will be entitled to reside in Indonesia. Basically, the Indonesia Residence by Investment program runs side by side with the citizen by investment program, where in the end permanent residents also lead to citizenship but it takes time and requires physical residence in the country for a certain period of time and a permanent resident card. Having a residence in Indonesia using this visa will be very beneficial for foreign investors who plan and want to set up a company. Later, they will be allowed to continue their journey as long as the validity period of the visa is still there, they will also have access to a re-entry permit to Indonesia on the same condition that the visa is still valid. If a foreign entrepreneur wants to open his company in Indonesia, and then plans to settle down and stay in Indonesia to run his company, it is very necessary to have a visa to fulfill the conditions for staying in Indonesia. Then what are the important things about Indonesia Residency by Investment or Indonesian residency based on investment, and what types of visas are available and the requirements that must be met? Check out the following: What is an visa investor in Indonesia?An investor visa is different from a business visa, an investor visa will allow the holder to stay and stay in the country he is going to for a longer period of time and can engage in activities related to the business he wants to establish and run while in that country. For foreign investors who have not yet decided what business to run and wish to conduct market research before establishing a business, a visa that allows the owner to carry out pre-investment activities may be suitable. What is meant by temporary residence and permanent residence?Temporary residence is a status granted to foreign nationals which gives them the right to stay in a country for a limited period of time. It can be in the form of a visa or temporary residence permit. The temporary resident status can legally live and work, study or do business in the country, depending on the type of visa, without becoming a full citizen. Entrepreneurs who have decided to open a company in Indonesia will have two choices of staying in Indonesia with different durations, namely C313 limited stay visa for foreign investment with a maximum period of 1 year and C314 limited stay visa for foreign investment with a maximum duration of 2 years. . Meanwhile, for the purpose of obtaining residence in Indonesia through investment, the second option is the most suitable because it will allow the holder to remain in Indonesia for a longer period of 2 years. In addition, this temporary residence permit can also be extended annually or every two years based on the type of visa chosen. After a valid and continuous period of stay in Indonesia, generally for 5 years, later foreign investors can apply for a permanent residence permit in Indonesia as long as other requirements can be met. Permanent residence status granted to foreign nationals will offer almost the same rights as Indonesian citizens through an investment. Indonesian permanent residents can live, work, study wherever they want without any restrictions. What are the requirements to get an investor visa in Indonesia?When discussing Indonesia Residency by Investment or Indonesian residency based on investment, it is also necessary to know what are the requirements that must be met to be able to get an investor visa in Indonesia. A minimum investment amount will later be required for foreign direct investment in Indonesia and the investor visa holder not only needs to provide a minimum share capital for the company he is opening, but he must also have a minimum share investment. This is why this route of immigrating or settling into Indonesia is best suited for those with business and capital skills. Some of the requirements that must be met to get an investor visa include the following:   • Have capital participation in foreign investment companies of at least Rp. 10 billion.   • The minimum paid-up and issued capital is IDR 2.5 billion.   • Each shareholder must contribute a minimum of IDR 10 million.In addition, there are also other additional requirements for entrepreneurs who apply for investor visas, namely making a minimum investment in company shares. In some cases, the minimum investment amount is at least IDR 1 billion in company shares. However, if the investor visa holder also acts as a director of the company, the minimum investment amount may be lower. Meanwhile, foreign companies established by foreign investors in Indonesia will comply with the same rules for taxation and licensing in terms of business activities regulated in Indonesia. Some of the documents that will be required when applying for an investor visa inIndonesia are as follows:   • A valid passport (which has a minimum validity period of 6 months after arrival).   • Proof of living expenses or a minimum of USD 1,500 while in the country.   • Return ticket.   • Two photos.   • Completed visa application form. Not only that, a letter of guarantee from the grantor may also be required in certain cases. Some of the above documents are very necessary for all foreign citizens (foreigners) who want to immigrate to Indonesia. Meanwhile, the visa fees covered are as follows:   • $150 for a temporary residence visa.   • $110 for a one-year double-entry visitor visa.   • The visa fee is $50 for C313 and C314 visas.Pre-set fees are subject to change and it is highly recommended to check with the agent before registering.How will Indonesia Residency by Investment be Provided? Residence in Indonesia is first obtained under a temporary residence permit, such as the investor visa described above whose validity period can be extended. Residents will also still be obtained after living and living continuously in the country for a period of five years. That was some information about Indonesia Residency by Investment or Indonesian residency based on investment.

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Portugal Residency by Investment Program
Portugal Residency by Investment Program

Portugal Residency by Investment is a form of residence permit granted by the Portuguese government in return for Real Estate investment in Portugal. This program is given to non-EU citizens to stay in Portugal for 5 years.Portugal Residency by Investment offers non-EU Nationals a simple and fast way for property investors to obtain a five-year Residence Permit.The legal basis for Portugal Residency by Investment was first introduced by amending Law number 23/2007 dated 4 July 2012, known as the Portugal Golden Visa.Benefit1. Easy ProcessOne of the advantages that Portugal Residency by Investment offers is that the process is easy. Within 6 months. Meanwhile, the minimum physical residency requirement is to only visit Portugal for 7 days per year. No interviews, language exams, managerial knowledge or experience required. This program is open to all non-EU communities.2. Ease of AccessCitizens of Portugal can travel visa-free or with a visa on arrival to more than 185 countries and territories including the United States, European Union, Singapore and Hong Kong.3. High ranking passportYou can apply for Portuguese citizenship after staying 5 years. If Portuguese citizenship is accepted, dual citizenship can be achieved by you. In addition to you, citizenship also applies to spouses and children under 18 years of age. Currently, Portugal Passport is ranked in the top 5 passports in the world for ease of travel.4. Tax reliefCryptocurrency gains will not be taxed in Portugal.5. Health educationYou and your family will be able to study at schools or universities across Portugal and enjoy world-class healthcare.Visa Free Travel To 26 European CountriesThe Portugal Residence by Investment Program offers visa-free access within the Shenghen Zone — visa-free access to 26 EU states, including Switzerland, Luxembourg, Italy and Germany.Investment OptionsInvestments under the Portugal Residency by Investment Permit Program must be maintained for a minimum of 5 years from the date the residence permit is granted. Become a permanent resident of Portugal by choosing one of the following three eligible investments:1. Property Acquisition From €280,000 €500,000 - buy residential or commercial real estate.(€400,000 - 20% reduction in rate applied when buying real estate located in low GDP or low population density areas). €350,000 - buy residential or commercial real estate over 30 years in need of renovation. (€280,000 - 20% rate reduction applied when buying real estate located in low GDP or low population density)2. 10 Job Creation or Business InvestmentCreate at least 10 new jobs orInvest at least €500,000 in business and create at least 5 permanent jobs.3. Capital Transfer From €1,500,000Applicants are required to make capital investments into Portuguese bank accounts or specially approved investment options.Condition  Requirements to apply must be:1. Be at least 18 years old;2. Have no previous criminal convictions;3. Be prepared to spend at least 7 days per year in Portugal;4. Proof of eligible investment;The primary applicant can also add dependents to the residency application, including their spouse, dependent children, and parents.Document PreparationA detailed checklist will be provided. There will be a guide through the document collection stage.An experienced immigration advisor will prepare all the necessary documents along with the residency application and will carry out a final check of each document for compliance to ensure all requirements are met, including, proof of investment documentation.StepsInvestors visit Portugal to make necessary investments in real estate, fixed deposits or business development. During this visit, investors will visit the Immigration Service for the purpose of leaving fingerprints, pictures and biometric data.After the investor returns to his home country, the funds required for the purchase of the property must be transferred to his bank account in Portugal.Once the property purchase is complete and registration is complete (which usually takes between 3 to 5 business days), documents are submitted for the residency application along with the residency processing fee paid to the Immigration ServiceOnce a residency application is submitted, the Immigration Service generally approves it within 3 to 4 weeks.After payment of the processing fee, the Immigration Service starts processing the residence card. This usually takes between 3 -4 weeks.Visit Portugal for 1 week a year for 5 years to fulfill residency requirements.Portugal Country InformationLocated in Southwestern Europe, on the Iberian Peninsula, Portugal is one of the oldest  european Countries. But Portugal today is a highly developed country and the 19th highest quality of life in the world and one of the most global and peaceful countries in the world.Portugal is a member of the European Union, the Eurozone and the Schengen Agreement. Globally, Portugal is also a member of the United Nations, OECD and NATO.Portugal combines beautiful landscapes with sophisticated urban architecture. Portugal also offers a rich historical heritage. Portugal offers investors the opportunity of a lifetime to invest in one of the most sought after countries to live in.As a member of the European Union, the Citizenship of Portugal and Portugal Residency by Investment Program offers open access to live, work, travel and study in Europe, as well as the opportunity to take advantage of the country's healthcare and consumer rights.Country Background:Portugal Residency by Investment is a legal investment and temporary stay program under the law. This program invites foreign investors from non-EU countries to obtain a fully valid residence permit in Portugal. This program has been in effect since 2007.The Republic of Portugal is a semi-presidential republic where the Government is headed by a Prime Minister who is appointed by the president.The capital city of Lisbon is the largest city in the country. Lisbon is the westernmost capital of continental Europe and its focal point in finance, commerce, media, entertainment, arts, international trade, education and tourism.Portugal has 6 international airports with flights serving all major airports worldwide.Portugal is primarily characterized by a warm Mediterranean climate with distinct monsoons in winter.Portugal's legal system is part of the civil law system, also known as the continental family law system.The currency of Portugal is the euro (€) and the country is one of the original member states of the Eurozone.The country trades mainly within the European Union, US, Canada and Asia and especially South America and Africa where the former Portuguese colonies of Brazil and Angola were major trading partners.

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Turkey Citizenship by investment -  How To Get Completed Guide
Turkey Citizenship by investment - How To Get Completed Guide

Turkey Citizenship by investment or also known as Turkey gold visa is an investment program with the aim of getting a Turkish passport within three to six months. The Turkey Citizenship by Investment program has been running since 2016.In order to participate in this investment program, you can choose several options, one of which is investing or buying real estate with a minimum price of €250,000.There is also another option, namely investing in government bonds or in other words establishing a company that will later create job opportunities for Turkish citizens, and please note that this investment must be kept for at least three years.Although it has to be kept for months to years, you don't need to come in person or even live in Turkey first, and you can trust a legal advisor or expert to handle your citizenship process.However, you are still encouraged to come directly so that you can monitor the investment you choose. For example, real estate investment, by coming directly to Turkey, you will be able to more freely inspect properties or compare them with other options.Turkey Citizenship by Investment OptionsCheck out the following full review of several types or options in the Turkey Citizenship by investment program:Buy real estate that costs at least €250,000Purchase government bonds with a minimum value of €500,000, then hold or keep the investment for approximately three months.Establish a company or more which can later become jobs for at least 50 Turkish citizens.Make a capital investment with a minimum value of €500,000.Invest at least €500,000 which is used as a real estate investment fund or venture capital investment fund on condition that it maintains the investment for three years.Make a deposit to a bank in Turkey of at least €500,000 and keep it for at least three years.Benefits of Registering Turkey Citizenship by InvestmentThere are many advantages that you can get if you become an investor and join Turkey Citizenship by investment, including:Get a Turkish passport in just three monthsYou can apply for Turkish citizenship upon completion of making and finalizing the investment you have chosen. This citizenship application usually takes three to six months.Get a place to live permanent and direct citizenship in TurkeyIf you become a Turkey Citizenship by investment investor, you will later get a permanent residence card which is usually given after applying for a Turkey investment visa. This permit for permanent residence in Turkey is intended to allow you to stay and start to monitor your investment process.As a pathway for US E2 investment visaBy becoming an investor of Turkey Citizenship by investment, you have become a citizen of Turkey. From there, you can later apply for a US E2 Investment Visa and enjoy citizen rights such as living, working, studying, and investing in the US.As a pathway to UK Turkish businessman visaIn addition to the US E2 investment visa, Turkey Citizenship by investment can also be a way for you to set up a business in the UK and get permanent residency. This route can be obtained after you have a Turkish passport.Have the opportunity to do business in various EEC (European Economic Community) countries.Once you are officially a citizen of Turkey, you can freely visit more than 110 countries without the need for a visa. The 110 countries include South Korea, Japan, Mexico and Hong Kong. Eligibility Criteria for Turkey Citizenship by investmentThere are several eligibility criteria that must be met by investors, including:Investors are included in the category of adults.Investors have no criminal background or track record.Investors never violate Turkish regulations including by staying illegally.Funds obtained by investors for investment come from legal funds.Investors must have followed and completed due diligence on their chosen investment. Steps of the Turkey Citizenship by Investment application processThere are several stages that you must go through in applying for Turkey Citizenship by investment, namely:Choose the right investmentThe first step, of course, you have to choose the right investment first. You can discuss this with an advisor and consider an investment that fits your finances, ultimate goals, and family structure.Get a certificate of eligibilityAfter selecting and investing, you must obtain a certificate of eligibility. This certificate of eligibility is usually issued by the responsible authority according to your type of investment.Open a Turkish bank account accountTo deposit your money, of course you must have a Turkish bank account first. You can ask for help from an advisor or legal representative to manage an account.Applying a Turkish residence permitAfter your investment is accepted and approved, then you can apply for a residence permit by coming to the Directorate of Immigration Administration of the Province of Turkey. This residence permit is required so that you can stay in Turkey while completing the investment process and then later being able to apply for citizenship.Complete the investment processFor the purposes of a citizenship application, you must collect various types of documents which you can only get after the investment process is complete.Taking care of Turkish citizenshipAfter the investment process is complete, you can directly apply for Turkish citizenship at the Directorate of Census and Provincial Citizenship. The process usually takes up to four months. Turkey Citizenship by Investment ApplicationThere are several documents that you can prepare for the purposes of a visa application, namely:Passport for each applicantTurkey tax numberDocuments proving that you have completed the necessary investmentsDocuments proving you have never lived in Turkey illegallyProof that you have paid taxes and other fees for the purposes of Turkey investment visa applicationDocuments showing criminal background or track recordProof that the applicant has valid health insurance in TurkeyBirth certificate of each applicantPassport-sized photosOther supporting letters that are optional (if any) such as marriage certificates, divorce certificates, and death certificates. Note: requirements are still subject to change as it adapts to this type of investment, background, and nationality of each applicant.More information : https://ngglobalcitizens.com/en

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Malta citizenship by investment - Complete Guide
Malta citizenship by Investment - Complete Guide

Malta citizenship by investment or also dubbed the Malta golden visa is a program that aims to be able to get a Malta passport through a large investment in Malta with a processing time of one to three years. The length of this process depends on the amount of investment you make. If you want to get a Malta passport in one year then you have to invest at least €750,000. Whereas if you choose a three-year processing program, then you have to invest a minimum of €600,000. Both of these investment amounts are intended for the national development fund. Another thing to note in the Malta Citizenship by Investment program is that you and your family are required to live in Malta until they are declared eligible to receive citizenship. This means, you should also have an investment in residential real estate.Option of Malta Citizenship by InvestmentThere are two options for those of you who want to become an investor in this Malta citizenship program, namely:1. Citizenship with investmentThe first option refers more to the acceptance of Malta citizenship and is commonly known as the Citizenship by Naturalization program for Outstanding Services by Direct Investment. Later, investors who choose this option will get a Malta passport after three years of living in Malta. There are also those that only take one year on condition that they invest in a larger amount.2. Malta Permanent Residency Program (MPRP)Unlike the previous option, this second program actually has a lower investment fund threshold. For just €100,000, investors can already receive a permanent residence permit in Malta. However, to get it, investors still have to stay for the first five years and be eligible for naturalization of Malta citizens. What must be known from this program is that investors who have received a residence card are required to integrate with the surrounding community and want to learn the language and culture.Benefits of Joining the Malta Citizenship by Investment ProgramThere are several benefits that can be felt by investors in the Malta Citizenship by Investment program, namely:    1. Investors and their families are granted permanent residence permits in Malta as well as in any other part of the EU.    2. Investors and their families also have access to work and receive education (study) in Malta or other parts of the EU.    3. Investors have access to travel without a visa to more than 140 countries around the world.    4. The next benefit is that investors have access to social and health benefits in Malta    5. Everyone who has obtained Malta citizenship will also automatically grant citizenship to his descendants. Requirements for Registrants Malta Citizenship by InvestmentTo become an investor of Malta Citizenship by Investment, the following conditions must be met, including:    1. Investors are adults or at least 18 years old.    2. Investors must have a clear track record or criminal background and prove that they are not involved in a criminal investigation or subject to international sanctions. This requirement must also be met by other members of your family who are also included in the applicant's application.    3. Investors must have given consent to support family members included in the application.Steps of Registering Malta Citizenship by InvestmentAfter you feel that you have met the requirements above, you can immediately follow the following steps to register for Malta Citizenship by Investment.    1. The first step you should take is to go to Malta to invest directly.    2. Don't forget to collect all the necessary documents, this document is useful as proof that you have made an investment according to the applicable conditions.    3. After all documents have been collected, please send your golden visa application to the Residency Malta Agency.    4. After submitting the application, you and your family will get a residence permit in Malta.    5. Next, you will apply to get an answer whether you are eligible to become a citizen of Malta. However, this application can be submitted after you receive a residence permit for 12 months or one year.    6. If your application is accepted and declared to be eligible, you will later receive a Eligibility Approval Letter.    7. Make sure to keep the required documents carefully because you have to submit them after 1-3 years of residence (according to the type of investment you choose). This document is useful for applying for your citizenship.    8. After that, in the process you and your family will have to live in Malta for 1-3 years, before you become naturalized as a citizen of Malta and get the desired passport. Documents to be Prepared for the Purpose of Malta Citizenship by InvestmentBelow are some of the documents that must be prepared to apply for a Malta Gold Visa, including:    1. Passport, both personal and family member passports registered in the application.    2. Evidence that shows that you have funds that match your investment needs.    3. Proof that your funds were obtained by legal means.    4. Proof that you have undergone due diligence.    5. Proof of relationship with family, such as marriage certificate, death certificate, birth certificate, divorce certificate, and document of caretaker. Apart from marriage certificates and birth certificates, all documents are optional or if any.    6. Documents showing financial dependence between family members.    7. Biometric data for yourself and all members who are applicants over the age of 12.    8. Cover letter.    9. Statement from the bank in your home country.    10. Medical reports of self and family. This report is urgently needed as proof that you and your family do not have any communicable diseases, which later are feared to be contagious and endanger public health in Malta.    11. Police certificate or statement showing that you do not have a criminal background.    12. Other supporting documents as needed.Note: Documents may change according to the personal circumstances of the investor, as well as the type of investment or national background. Administration Fee to Have a Malta Gold VisaIn the process of applying for a Malta Gold Visa, later you will be required to pay a predetermined administrative fee. These administrative costs are beyond the main investment, and usually cost an additional tens of thousands of euros or €40,000 to be exact. This administrative fee includes the cost for the application as well as the due diligence fee. However, overall, the cost of applying for a Malta Gold Visa can reach more than €50,000, for the purposes of obtaining documents, legal fees, service fees and so on.Reasons for Rejected Gold Visa ApplicationThere are several reasons why your application was rejected, namely:    1. You or your family have submitted the same application and have been rejected    2. You or your family have been found guilty of criminal cases.    3. You or your family are being interrogated or suspected of a criminal act when you submit your application.    4. There is suspicion over the source of the funds you get.Well, that's brief information about Malta Citizenship by Investment that you should know. https://ngglobalcitizens.com/en

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Cyprus Residency by Investment - How To Get Complete Steps
Cyprus Residency by Investment - How To Get Complete Steps

Cyprus Residency by Investment is a program that this year has two types of golden visas that you can choose from, the first visa is a visa that leads to residency, while the second gold visa is more focused on permanent residence.Conceptually, these two visas can be said to be the same, the difference is only in the amount of investment issued. For the first type of visa, namely a visa whose purpose is to obtain Cypriot residency through investment, applicants are required to purchase or invest in real estate properties with a minimum value of €2 million.Then for the second type of visa, namely permanent residence, you will only spend an investment of at least €300,000. The Cyprus residency by investment program can be said to be the fastest way to get residency from all countries in Europe.This can happen because if you become a citizen of Cyprus, then you also automatically become a citizen of the European Union. The process of obtaining this residency can take up to six months.In the process, the Cyprus Residency by Investment program does not require investors to reside in Cyprus prior to submitting an application. In fact, investors will also not undergo a language proficiency test.Requirements for Residency by InvestmentThere are several conditions that must be met before you can get residency through investment, namely:Purchase real estate for a minimum of €2 million (excluding VAT). This purchase is valid for a single property as well as multiple properties with a value of up to €2 million.Made a €100,000 donation to the Cyprus Government Research and Development Fund, as well as another €100,000 to the Cyprus Land Development Organization. If calculated in total, investors must provide an investment of around €2.2 million.Have a clear track record or background of a criminal record.Make money transfers for investments from abroad.Have a commitment to the chosen investment before applying for the Gold Visa.Have various documents required to fulfill the application requirements. These documents are like property purchase documents, proof of legal funds, and so on.Benefits of Applying for Cyprus residency Program with InvestmentYou can enjoy the same rights as a citizen of Cyprus, if you have obtained residency from the investment route. Here are some of the benefits:Investors have access to live, study and work in any country in the European Union Investors do not need to take an interview or pass a language proficiency testBefore applying for residency, investors are not required to reside in Cyprus first. However, investors must still hold a permit to stay for six months while waiting for the application to be completedInvestors can include parents, both self and spouse, provided that they add an investment of €500,000Investors can rent out the properties they have purchasedInvestors can reduce their investment by €500,000 if it has been going on for five yearsInvestors can freely make payments through companies or foundations.Steps of the residency application process based on InvestmentTo apply for residency, you must visit the Ministry of Home Affairs, provided that your chosen investment has been completed. Here is an outline of the application process:Come to Cyprus on a regular visa. After coming to Cyprus, the next step that must be done is to send an application to the Cyprus Ministry of Home Affairs. Later this ministry will work closely with the Ministry of Finance and have a goal to reach a resolution of the application you sent.After that, you just have to wait, because currently your application is being forwarded for approval by the Council of Ministers. Next, you will get a permit to stay for 6 months, which you can later use to live in Cyprus or just travel. If that's the case, you just have to wait for the announcement and later get a Naturalization Certificate. This process can occur when the application is complete.The final process, you can apply for a Cypriot passport and Identity Card at your local local office.Note: if a family member joins, then make sure all the application processes are submitted at the same time. Then, before you become a full Cypriot citizen, you must attend a ceremony right before the Registrar of the Cypriot Court after the application is received. Requirements for Cyprus Residency by InvestmentThe second type of visa, a visa that requires you to invest in real estate in exchange for permanent residency. Here are some of the requirements:Investors must buy or invest in real estate properties that are worth at least €300,000.Investors must make a €30,000 deposit to a Cypriot bank. The money will be kept for three years.The investor must have proof that he has an annual income of at least €30,000 for himself and €5000 for his spouse and children.Then if the family members increase, such as including parents, either yourself or a spouse, then investors are required to have an additional at least €8000 in your income.Cyprus Residential Benefits by InvestmentHere are some of the benefits when applying for Cyprus residency through investment:You will get a Permanent Residence Permit Card which is valid for life.You do not need to live in Cyprus just to maintain your residence permit. You can only visit for one day every two years too.You and your family can visit other countries in the European Union.You can include the parents of both parties as well as children under the age of 25.Permanent residency will also result in a Cypriot passport, provided that after seven years of uninterrupted residence.Cyprus residency Application Process from InvestmentThere are several stages to taking care of a Cyprus residency on an investment basis. You must have an entry visa before visiting any country, including Cyprus. For this visa, you have to apply to the Cyprus immigration authorities. Here's the outline:Enter Cyprus on a regular visa previously applied for at the Cyprus Embassy in the country of origin. Complete the investment and submit the application for permanent residency to the Department of Civil Registry and Migration (CRMD) Ensure all documents are prepared. In this process, you are allowed to apply yourself or use a trusted legal representative. Your application will then be sent to the Cyprus Ministry of Home Affairs, with a processing time of approximately two months. If it is approved and ends positive, then you will get a letter of approval. So, within one year of this approval, you and your family must go to Cyprus and see the Department of Civil Registry and Migration to provide biometric information and receive your Permanent Residence Card. Note: unlike before, in this type of visa, you and your family do not have permission to engage in work in Cyprus. Income for these investors must come from abroad. This is a brief information about Cyprus residency by Investment along with the two types and the differences between each visa.

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