secured minimum annual income of €30.000, from sources other than employment in Cyprus.
a Title of ownership or contract of sale, of a property in Cyprus, a house, apartment or other building, of a minimum market value of €300.000 and proof of payment for at least €200,000.
a confirmation letter from a Cypriot Bank stating that he has deposited a minimum capital of €30.000 in an account, which will be pledged at least for a three year period.
a Criminal Record Certificate (if the applicant resides abroad), which must be issued by the Authorities in his country of origin, and he should not constitute in general any threat against public order or security in Cyprus.
a Statement that he does not intent to work or be engaged in any form of business in Cyprus.
The applicants should visit Cyprus at least once every two years.
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