Quality Property Developments assists in clients in a new and accelerated permanent residency* procedure wherein permanent residency can be obtained with an investment of €300.000 in any residential property. The key benefits of this include:
- Accelerated process (two months) from submission of application
- Freedom to live in Cyprus
- Permanent residency for applicant, spouse, dependents up to the age of 25 and for investor’s parents and investor’s spouse’s parents
- 100 percent approval rate
- Insurance policy for the future
- No taxes owed for overseas income
- Permits do not expire and do not require renewal
- Visa-free travel to France, Germany, Italy, Luxembourg and Netherlands
- Easy to receive a Schengen visa for all other EU countries
- Lower college/university tuition in EU countries
- Permission to apply for EU citizenship
*Unlike other EU countries, the Republic of Cyprus offers permanent residency, as opposed to temporary residency, because it is not a Schengen State. If Cyprus becomes a Schengen state, this change will not affect already-issued permits.
