FINAL Uglobal Immigration Magazine 3.1 Joonmag (2) | Page 75

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CRITERIA FOR THE PR
In order to apply for the Cyprus Permanent Residence , the applicant and each adult member of his / her family applying for PR should have a clear criminal record from the country of origin or residence . Applicants should not be considered a threat in any way to the public order or public security of Cyprus .
The PR provides the right to reside in Cyprus but does not grant the holder the right to work or be employed in Cyprus . Non-EU citizens who are interested in being employed in Cyprus should apply for a work permit , instead of a PR , as soon as they secure a job position . Nonetheless , holders of a PR might set-up their own business in Cyprus and receive the dividends from the company ’ s profits .
Since the Cyprus PR does not grant the right to work in Cyprus , the main applicant should be in receipt of adequate and secure annual income from abroad , such as salary from employment , pension , dividends , or rentals . A minimum amount of 30,000 euros per year , increased by 5,000 euros per year for every dependent person ( spouse and children ) and by 8,000 euros per year for every dependent parent and parent-in-law , should be presented through supporting documentation . For the calculation of the total amount of the annual income , the spouse ’ s income may also be considered . The main applicant ’ s parents and parents-in-law can obtain PR without the necessity to have their own residence in Cyprus and without requiring an additional bank deposit or an increased investment in real estate .
INVESTMENT FOR THE CYPRUS PR
The main applicant should invest in new real estate units of at least 300,000 euros ( plus V . A . T .), out of which at least 200,000 euros ( plus V . A . T .) should be paid in advance to enable the applicant to apply for PR . This amount must be transferred to Cyprus from abroad . The real estate purchase can be made in the name of the applicant individually or through a legal entity , provided that the applicant and / or the spouse are the sole shareholders of such entity . The applicant may purchase up to two housing units ( apartments or houses ), which can be independent , but purchased from the same developing company , or one housing unit and a shop of a surface of up to 100 square meters , or a housing

“ 主要申请人应投资至少 300,000 欧元 ( 加增值税 ) 的新房地产单元 , 其中至少 200,000 欧元 ( 加增值税 ) 应 提前支付 , 这样申请人才能够 申请 PR 。 ”

或者也可以购买一套住房和一个办公楼 ( 面积不超过 250 平方米 ), 前提是总市值达到 30 万欧元 。 上述购买的物业 必须是开发公司首次出售的不动产 , 因此 , 根据本项目 , 转 售的不动产并不适用 。
如果持有人决定出售该住宅 , 则应购买另一个相同或更高 价格的住宅 , 以维持其 PR 状态 。 如果两年后持证人未到 访该国 , 则 PR 将自动取消 , 个人需要重新申请 。
最后 , 按要求向塞浦路斯银行账户存入 30,000 欧元的银 行存 款 , 至 少 留押三年 。
塞浦路斯 PR 受到来自世界各地的申请人的欢迎 , 特别是 来自中国 、 俄罗斯 、 越南 、 乌克兰 、 中东 、 南非以及不同行业 的个人 。 除退休人员迁往塞浦路斯可以享受全年的风景和美妙的

“ The main applicant should invest in new real estate units of at least 300,000 euros ( plus V . A . T .), out of which at least 200,000 euros ( plus V . A . T .) should be paid in advance to enable the applicant to apply for PR . .”