Did you know that you can fast track the residence procedure for the third-country nationals in Cyprus? It asks for only minimal residence requirement – visit Cyprus once every two years. Here are a the important requirements:
– Purchase a new property at a minimum of EUR 300,000.
– Transfer a capital of minimum EUR 30,000 to the Cyprus bank (this amount should be locked in this account for 3 years)
– An annual income that should be at least EUR 30,000 (the income should increase by EUR 5,000 for each additional dependent child and by EUR 8,000 for each dependent parent).
WI\ith these you can fast track application procedure within two months.