Visa finance requirements

Last activity 18 November 2024 by Toon

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Mjm66New member18 November 2024 12:41:16

Hi all

my 1st post on here and I’m looking at relocating to Cyprus Any advise would be greatly appreciated. I’m 58 and wife 62. We have a private pension of 16700 between us and savings of 500k when our house is sold in uk…. We both wish to live there but not work … not sure if what we have is enough to meet the requirements

im a bit confused with the cat f and the pink slip visa as there seems a big difference in the money needed …. Thanks. for any info given

ToonCyprus Expert18 November 2024 13:14:12

9841

I assume those figures are sterling which currently equates to approx 20k euros so 9k euros short of pink slip requirements as minimum income levels ..

There have been very few if any cat F visas issued since 2018/19.... And until they are you are likely to need pink slips anyway ...

By my calcs if you can invest 240k at a minimum of 4% per annum then Yiu stand a chance of making that 9k up. .

It may be worth speaking to an immigration expert in regards to the residency by Investment route slow track...with a substantial house purchase investment That would be my advice ..these specialist often know the short cuts...good luck

ToonCyprus Expert18 November 2024 15:45:54

9841

It's also worth remembering that rules change all the time and sometimes at short notice..

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