Blog

Permanent Residency 28 June, 2024

Cyprus is an island in the Mediterranean Sea with a subtropical climate and very mild winters. However, the high temperatures are not the only reason why it attracts people from all over the world.An EU member state, Cyprus is ranked among the most advanced economies in the world, offering ample opportunities not just to its citizens but also to its residents.The Cyprus Permanent Residence by Investment program offers foreigners an opportunity to live, work and conduct business activities in the country. Here’s what you need to know about it.

Healthcare 18 July, 2024

What’s not to like about Cyprus? The sea, the sun, the leisurely pace of life, low tax rates, and the sun again. However, the idyllic life may be interrupted by having to see a doctor.No worries — in this article, we tell you all about Cyprus healthcare, from how it works to who to call in case of emergency.

Real estate 13 June, 2024

Cyprus’s property investment market continues to grow, recovering from the 2013 crisis and pandemic plights. It attracts both domestic and foreign buyers and is expected to remain strong in the coming years. The chance to get a permanent residence by real estate investment is one of the contributing factors here. Foreigners choose Cyprus for its stability, favourable tax regime, and high quality of life. Let's look at the current state of Cypriot real estate prices and related expenses.

Real estate 13 June, 2024

Cypriot banks offer beneficial mortgage terms to real estate buyers. The average mortgage rate is 4% per year, affected by the housing cost, mortgage terms, and the borrower's banking history.It is challenging for foreigners without residence permits to take out a mortgage. But one can become a Cypriot resident on various grounds. Wealthy people prefer to obtain a permanent residence permit directly by investing €300,000 or more.