The Island of Cyprus (a member of the European Union since 2004) has managed to attract many foreign property buyers, especially from the Middle East, Asia, and CIS countries. Over 1.000 non-EU residents have chosen Cyprus during the past year for investing in overseas property and have also been issued a Permanent Residency, thus gaining access to Europe. The reasons that many non-EU residents chose Cyprus for a holiday home, business investment, or a permanent/retirement home are many. The most fundamental reasons seem to be that Cyprus is a gateway to Europe, has an exceptional standard for education on all levels, and is also a beautiful holiday/retirement destination.

The main criteria required to apply for an Immigration Permit in Cyprus are:

• Acquisition of property of a minimum of € 300.000
• Clean criminal record

The main criteria required to apply for a Citizenship/Passport in Cyprus are:

• Direct investment of € 5.000.000 ( soon to be € 2.500.000 subject to requirements )
• Acquisition of property of a minimum of € 500.000
• Clean criminal record

Greece (a member of the European Union since 1981), home to one of the world’s most ancient civilizations, has become a top-rated destination for the Middle East, Asian, and CIS investors in recent months. Besides its geographical location, excellent climate, and low prices on properties, Greece gives any Immigration Permit holder immediate access to Europe due to its membership in the Schengen agreement.

The main criteria required to apply for an Immigration Permit in Greece are:

• Acquisition of property of a minimum of € 250.000
• Clean criminal record

Our Management Services division provides the following in its complete service package:

• Intermediary services for acquiring immovable property in Cyprus or Greece.
• Advising on the application process.
• Answering possible queries that may arise via our lawyer.
• Drafting of the required application documents.
• Submitting on your behalf the application to the Cypriot or Greek authorities.
• Monitoring the status of the application’s review by the Cypriot or Greek authorities.
• Acting as your liaison with the Cypriot or Greek authorities during the examination/review of the application.