S&A: Four Most Popular Citizenship Routes

Europe has long established itself as the most sought after region in terms of high net worth immigration, accounting for over half of the total number of global citizenship applications, with the Caribbean in second place, followed by North America in third. 

 

Also noteworthy are recent studies conducted by global immigration experts, ranking the Cyprus citizenship scheme among the “top ten best in the world”.

 

Cyprus has recently been ranked the 5th best relocation destination in the world by an international lifestyle review (2014 report prepared by Knight Frank, a leading independent, global real estate consultancy firm), offering some of the most extensive advantages for entrepreneurs, families and retired couples looking for a lifestyle change. Coupled with highly attractive tax incentives, Cyprus has become one of the most popular European destinations for obtaining Citizenship or a Permanent Residency Permit.

 

Savva & Associates (Cyprus) Group – long established as a leader in the field of immigration services – explains that while non-EU nationals have available a number of different options for establishing residency in Cyprus, the following four routes are the most popular: 

 

1.    Cypriot citizenship by investment;

 

2.    Permanent residency permit on a “fast-track” basis;

 

3.    Permanent residency permit on a “normal-track” basis;

 

4.    Temporary residence permit. 

 

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