Elina Almanova – LEGAL EXPERTS AT YOUR SERVICE
Tel: +357 26 221 868 / Email: e.almanova@gmail.com
Our office:
We are a Cyprus-based family-owned law firm, located in Paphos, specialising in immigration law, property law, taxation law, as well as corporate law. We have represented many international clients and assisted them in applying for permanent residency and citizenship with a 100% success rate. Our firm adheres to the highest professional standards of practice to a large and diverse clientele and pays special attention to the importance of confidentiality. Our office has a wide network of legal contacts and associates in Greece and the United Kingdom, thus enabling to offer a full range of quality services. Currently, we have our main office in Paphos, while we operate via our affiliate offices law firms in Limassol, Thessaloniki and London. Our team comprises of dynamic and highly specialised professionals who speak Greek, English and Russian fluently. We offer high-level services, accessibility and high professional standards.
Why do we recommend investing in Cyprus?
With time Cyprus has now become increasingly popular among foreign investors and resultantly the country’s investment potential has risen exponentially. The most important factor that investors take into consideration is the unique location of the island and the exceptional climate.
Top reasons to invest in Cyprus are as follows:
• Cyprus / EU Citizenship or Permanent Residency, which can lead to a subsequent Cyprus Citizenship
• Attractive and transparent tax regime
• High quality of life and low crime rate
• Low cost of doing business
• Access to EU markets
• Stable economy
What are the benefits of the Cyprus Investment Programme?
Cyprus Investment Programme established a number of incentives to attract foreign direct investment into the country. Cyprus citizenship is equivalent to EU citizenship and it offers a number of important benefits to its holders, such as:
• The right of free movement, freedom to work and study in the European Union
• Provides opportunity to receive citizenship for the main applicant, his/her spouse, children and parents. Citizenship is passed down to future generations
• Visa-free travel to 174 destinations, including Canada, Hong Kong and the UK
• Simple and straightforward application process
• Cyprus allows dual-citizenship
• No requirement for Greek language knowledge
What advice do we have for our Clients?
The best option is to schedule an initial free consultation with one of our specialists and discuss the main client’s requirements. We offer Skype consultation and phone call consultation for convenience. During the consultation we will discuss the particulars of our client’s case, such as the budget, details of the applicants, any issues or details that may influence the application process, etc. We will provide a briefing of the main aspect of the investment programme and explain all the important details. In cases where the client is interested in investing in Property, we will advise him/her on the important aspect of the purchase process.
We cooperate with a number of prestigious local real-estate agents and will refer the client to the appropriate agency, which will assist and accommodate the client’s search for investment opportunities. We are always a part of the process to advise and make sure that the investment opportunity is free from any incumbrances and is suitable for the investment programme.
Please note that you are allowed to sell the property after the period of 5 years, with the exception of the main residence which must exceed € 500.000, thus it is important to invest in an asset that will not depreciate in value. Cyprus provides various investment opportunities, which offer a stable return ranging from 5% to 12%; we provide our clients with the legal assistance through the whole process and offer independent due diligence checks.
What is the process for obtaining the Cypriot Citizenship?
The process of obtaining the Cypriot citizenship consists of a series of important steps that need to be implemented professionally and carefully. The usual process, simplified, is as follows:
1. Initial consultation with the client.
2. Review of the case from our specialists and preparation and preparation and legalisation of the necessary documents.
3. Selection and implementation of the chosen investment option.
4. Visit to Cyprus for viewings and finalisation of the investment. We provide full legal assistance with the purchase process and preparation of the necessary documentation.
5. Preparation of the necessary documentation, forms and their submission to the Ministry of Interior. The client’s presence is required for the signing of the forms and submission of biometrics for the permanent residence permit, which can be done simultaneously during the first visit.
6. After 6 months from the receipt of the permanent residence permit, considering that the application has been approved, the naturalisation certificates are issued for the main applicant and his/her spouse. The average timeframe is from 6 to 11 months.
7. Citizenship application for the dependents of the applicants can be submitted, (together).
Website: www.almanovalaw.eu
Paphos Office: Office 108, 1st Floor, 20 Charalampou Mouskou Str, Athinodorou Business Centre (A.B.C.)
Office tel: +357 26 221 868 / Fax: +357 26 950 122
Tel: +357 26 221 868 / Email: e.almanova@gmail.com
