Description
Modern Penthouse With Panoramic Sea View Rooftop
A quiet residential neighborhood in the heart of the city:
Exclusive area in Limassol, centrally located and moments away from the coastline and amenities. Comprising 16 luxuriously appointed 2 and 3 bedroom apartments with large terraces for Mediterranean living. Modern and elegant with expansive glass and open-plan living.
RELOCATE IN LIMASSOL - The City Of Choice:
Limassol is Cyprus’ cosmopolitan capital, its most important business district and a vibrant modern playground. It is consistently ranked
as one of the world’s leading cities for quality of life. Nowhere in Cyprus is there a richer mix of modern culture and fascinating heritage.
Limassol’s enchanting promenade is situatedon the prime seafront boulevard. It is the ideal place for walking, jogging, spending time on
the beach or taking time for peaceful contemplation under the shade of a mature palm tree.
The city offers an active, vibrant and varied choice of restaurants, stylish cafes , bars and chic lounges.
Limassol’s gastronomic scene comprises a delicious mix of fine and casual dining. It offers a great selection of cuisines as well as local traditional food. There are a number of private schools (Greek,
English, French, and Russian) available in Limassol.
THE CYPRUS PERMANENT RESIDENCY PROGRAM:
Requirements
The main requirement is the purchase of new immovable property of a total market value of at least EUR 300,000 plus VAT.
The applicant must submit a confirmation letter from a Cyprus bank that they have deposited a minimum capital of EUR 30,000 from abroad into an account that will be locked for three years. After the expiration of this period, the money will be released without restrictions.
The applicant must provide supporting evidence of a secured annual income of at least EUR 30,000 deriving from abroad. This income must increase by EUR 5,000 for the spouse and every additional child and EUR 8,000 for each dependent parent. The income may include, for example, salaries from employment, rents, pensions, and dividends from shares.
Benefits:
Permanent Residence Permit covers the whole family including dependants and parents of the applicant and his/her spouse
The application procedure is fast-tracked within two months.
Eligibility for application to become Cyprus Tax resident with the advantage of being exempt for worldwide dividend and passive interest income and from the profit of the sale of securities.
The Permanent Residence Permit is valid for Life. You need to visit Cyprus once every two years at least for one day.
No visa needed to enter Cyprus for the Residency holder and his family.
