Greece and Cyprus PR

Create an image showing landmarks from Greece and Cyprus, such as the Acropolis and the beaches of Ayia Napa, with symbols of residency like passports and home keys.

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.

15 Questions4 MinutesCreated by WanderingCloud42

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

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

Greece and Cyprus PR

Explore Greece and Cyprus Permanent Residency

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