Permanent Residency for Companies Executives

1. A Director or any other person taking an executive position the IBC (international business company) can apply for grant of permanent residence in Cyprus once IBC is registered in Cyprus.

There is a list of documents which needs to be presented to the competent authorities including the following:
- Copy of passport of the applicant and contract of employment duly stamped
- Certified copies of all corporate certificates of IBC
- Profile describing the nature of the company’s business, its objects and details of its office operations
- List of full names and details of shareholders of IBC
- A form showing current and potential employees of IBC
- A bank statement on the company’s account showing that the company has not less than 41,000 euro on the account
- Tenancy agreement showing title of ownership of a company in relation to the company’s office or sale contract. If one of the documents mentioned will not be available at the time the application is filed, it can be filed with the relevant authorities within 3 months.
- A bank statement showing that there has been made direct investment of capital from foreign shareholders into account of the company
- A bank guarantee for 350-800 euros in favour of the applicant, the sum depends on the country of applicant’s residence
- A clean criminal record (apostilled if necessary or stamped by the Ministry of Foreign Affairs in the country of origin and certified by the embassy of that country in Cyprus)
- Medical/health certificate (apostilled if necessary or stamped by the Ministry of Foreign Affairs in the country of origin and certified by the embassy of that country in Cyprus)

Ask Philip Gamble whether you (or your children) have a claim to British nationality.

ASK PHILIP GAMBLE NOW!
Learn more about these routes to British Nationality:

WhatPassport.com is a specialist UK Nationality and British Citizenship site offering an online search and assessment. Claims to hold a British Passport can be complex and the site offers a quick, simple search to give you the answers. While many people qualify for the UK Ancestry Visa based on holding a Commonwealth passport with a UK born grandmother or grandfather, we have found that if you have a grandparent born in the UK, or if your mother is British or your father is British, then there are several scenarios where you can claim British Nationality and the right to hold a British Passport. This stems from Britain’s collection of British Colonies, British Protectorates and British Protected States in the middle of last century and the Nationality rules concerning what are now the countries of the Commonwealth.