Greece and Cyprus PR
Explore Greece and Cyprus Permanent Residency
Test your knowledge about the permanent residency processes for Greece and Cyprus! This quiz covers eligibility, benefits, required documents, and tax incentives.
- Learn essential facts about living in Greece and Cyprus.
- Discover the benefits of obtaining permanent residency.
- Get prepared for potential investment opportunities.
Greece Permanent Residency allows you to:
Live fulltime in the country
Live partially in the country
No need to live in the country at all
All of the above
Eligibility for Greek PR
Must have medical insurance.
The applicant must be a non-EU citizen
Make a qualifying real-estate investment which must be held for the entire duration of the residence permit.
All of the above
Benefits of Greek PR (3 correct answers)
Parents of the investor and spouse included
Free travel within Schengen zone 90 days out of every 180 days
Right to reside indefinitely in Greece
Children under 25
Benefits of Greek PR (3 correct answers)
Can apply for Greek citizenship after 7 years subject to meeting actual residency and language requirements.
Low property tax
No personal income tax if living in Greece 183 days or more a year
No language requirement
Required Documents for Greek PR (3 correct answers)
Proof of your assets in your home country
Proof of obtaining health insurance in Greece for yourself and any family members
Your valid passport along with a copy. The passport must include the entry visa as required.
Proof of having paid the relevant government fees.
The documents you submit must be translated into Greek by either the Translation Service of the Ministry of Foreign Affairs in Athens, Greece, or by an attorney who is part of a Greek bar association
True
False
The documents you submit must be certified either by an Apostille Stamp (if your country is part of the Hague Convention) or by the nearest Greek Embassy or Consulate (if your country is not part of the Hague Convention).
False
True
Validity of Greek PR (3 correct answers)
Citizens of certain countries are banned from applying
You may renew your residence permit every 5 years providing the investment is still held.
You may apply for Greek citizenship after 7 years of lawful residence in Greece subject to meeting residency and language requirements.
Greece has the fastest PR in Europe
Investors can apply and avail Greek PR without travel through Greek Embassy.
False
True
Which is true about Cyprus (3 correct answers)
Safest country in the world among small countries and 5th worldwide
Cyprus is part of the Schengen zone
Double taxation agreements with over 65 countries worldwide
Pafos 2017 - European Capital of Culture
Cyprus Tax Incentives (3 correct answers)
12.5% - Corporate tax, one of the lowest in Europe
0% Inheritance, Wealth, Gift Tax and Immovable Property Tax
A reduced VAT (5% from 19%) for main residence purchased
A tax haven for very wealthy Russians
Which statments are true about Cyprus’ Permanent Residency (3 correct answers)
Covers the whole family including parents and dependants of main applicant and spouse.
Must visit Cyprus once a year
Invest €300,000 in a new property.
Fast-track procedure. Approximately 2 months.
Which statments are true about Cyprus’ Permanent Residency (3 correct answers)
Cyprus passport in 7 years
You become eligible for Citizenship if your physical presence on the island is 180 days a year for 5 consecutive years.
Once you become an EU national, you can Live, Work and Stay in any EU country for life.
European PR for family covering 3 generations providing enhanced mobility, business opportunities and access to free government education and healthcare facilities.
Fast Facts about the Leptos Group (3 correct answers)
Biggest real estate group in Cyprus and Greece
Our rental company assists in renting out your property
Leptos is a government owned company
Help you ‘resell’, maintain and look after your property
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