Non-EU citizens obtain Cyprus permanent residence by investing at least €300,000 in real estate or securities.

Permanent residents may not pay taxes on global income, including dividends and capital gains. The country has no inheritance tax and low income and property tax rates.

The Cypriot jurisdiction is one of the best places to register the tax residency of an international business or open a new company. The corporate tax rate in the country is only 12,5%. A permanent resident can obtain Cyprus citizenship after five years of living in the country. Citizens travel without visas to 170+ countries, including the European Union and the UK.