Pleasant weather, warm sea and friendly residents – this is what attracts both vacationers and those who dream of staying here to spend their lives in Cyprus. Immigration to Cyprus opens doors for Ukrainians to a comfortable life and business in a country with clean air and a mild Mediterranean climate.
Migration policy of Cyprus
Until recently, immigration to Cyprus most often occurred with the aim of securing capital in the local offshore zone. After the country joined the European Union, this practice ceased to exist. This caused the closing of thousands of accounts of our fellow citizens and a significant decrease in the value of assets in Cypriot banks.
Despite this, the majority of Ukrainians for whom immigration to Cyprus 2022 is relevant are financially independent people who do not apply for employment.
The country’s high living standards and loyal migration policy allow new arrivals to receive the following preferences:
- Transparent and accessible public services, without any elements of corruption.
- Low level of crime, it is almost absent.
- Preferential tax rates, which will significantly save your finances.
- Comfortable climate all year round.
The opportunity to obtain citizenship by return investment is the most profitable program for obtaining a passport in the entire European Union. Immigration to Cyprus from Ukraine gives the right to visa-free entry and free residence in more than 150 countries of the European Union.
At the same time, mastering the Greek language, as well as the permanent stay of a migrant in the country, is not mandatory. However, if you are a man under the age of 45, you cannot avoid serving in the country’s National Guard.
Methods of immigration to Cyprus
Before obtaining the citizenship of Cyprus, you should decide on the method of immigration to the country. Ukrainians can obtain citizenship in the following ways:
Official employment. It must be admitted that such immigration to Cyprus is unlikely for Ukrainians. The fact is that the employer has the right to hire a citizen of another country only if there is no Cypriot applicant for the position. But even in this case, our compatriots have many rivals among the Greeks or Romanians, in whose community Cyprus is also popular.
Teaching. Foreigners educated in the country have the right to work and live on the island. That is why immigration to Cyprus from Ukraine is popular among university students and school graduates. Most universities in Cyprus graduate specialists in the tourism field, and education for foreigners is paid and conducted in English or Greek.
Business. Creating your own business in the country or buying an existing one is another way to get a Cyprus residence permit. If the company’s office is located in the country, and the company itself creates jobs for Cypriots, the authorities especially encourage migrants in such a case.
Investing in the economy. If the amount you have invested in the development of the country’s economy exceeds 2 million euros, you can obtain Cyprus citizenship under a simplified procedure and with the possibility of returning the invested funds after 5 years. At the same time, these benefits are extended not only to the investor himself, but also to his family members.
Renting or buying real estate. If your wealth allows you not to work and at the same time rent or buy housing in the country and receive annual financial income of at least 15 thousand euros, you can get an individual right to obtain a permanent residence permit in Cyprus. Transaction amounts of 300,000 euros or more give the right to receive PNP for all members of the applicant’s family.
Marriage and family reunification. If your chosen one is a citizen of the country and you have been happily married for at least 3 years, you can apply for citizenship. Close relatives of citizens of the country can also count on consideration of the application.
These are the main ways to immigrate to Cyprus, which will help you quickly obtain the citizenship of the country. The immigration process itself takes into account several stages:
- Legal entry to the island.
- Obtaining the right to a PNP (residence permit).
- Registration of PMP.
- Obtaining citizenship.
These stages are preceded by determining the grounds for entering the country and preparing the necessary documents. In general, immigration to Cyprus is popular for Ukrainians, because it offers a high standard of living, living in a warm climate and close proximity to the sea, feeling safe and confident in the future.
