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Privacy Policy of giovani.com.cy

This Application collects some Personal Data from its Users.

 

 

Owner and Data Controller: giovani.com.cy

Owner contact email: This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Types of Data collected

Among the types of Personal Data that this Application collects, by itself or through third parties, there are: Cookies; Usage Data; first name; last name; phone number; email address.

Complete details on each type of Personal Data collected are provided in the dedicated sections of this privacy policy or by specific explanation texts displayed prior to the Data collection.
Personal Data may be freely provided by the User, or, in case of Usage Data, collected automatically when using this Application.
Unless specified otherwise, all Data requested by this Application is mandatory and failure to provide this Data may make it impossible for this Application to provide its services. In cases where this Application specifically states that some Data is not mandatory, Users are free not to communicate this Data without consequences to the availability or the functioning of the Service.
Users who are uncertain about which Personal Data is mandatory are welcome to contact the Owner.
Any use of Cookies – or of other tracking tools – by this Application or by the owners of third-party services used by this Application serves the purpose of providing the Service required by the User, in addition to any other purposes described in the present document and in the Cookie Policy, if available.

Users are responsible for any third-party Personal Data obtained, published or shared through this Application and confirm that they have the third party's consent to provide the Data to the Owner.

 

 

Mode and place of processing the Data

Methods of processing

The Owner takes appropriate security measures to prevent unauthorized access, disclosure, modification, or unauthorized destruction of the Data.
The Data processing is carried out using computers and/or IT enabled tools, following organizational procedures and modes strictly related to the purposes indicated. In addition to the Owner, in some cases, the Data may be accessible to certain types of persons in charge, involved with the operation of this Application (administration, sales, marketing, legal, system administration) or external parties (such as third-party technical service providers, mail carriers, hosting providers, IT companies, communications agencies) appointed, if necessary, as Data Processors by the Owner. The updated list of these parties may be requested from the Owner at any time.

Legal basis of processing

The Owner may process Personal Data relating to Users if one of the following applies:

  • Users have given their consent for one or more specific purposes. Note: Under some legislations the Owner may be allowed to process Personal Data until the User objects to such processing (“opt-out”), without having to rely on consent or any other of the following legal bases. This, however, does not apply, whenever the processing of Personal Data is subject to European data protection law;
  • provision of Data is necessary for the performance of an agreement with the User and/or for any pre-contractual obligations thereof;
  • processing is necessary for compliance with a legal obligation to which the Owner is subject;
  • processing is related to a task that is carried out in the public interest or in the exercise of official authority vested in the Owner;
  • processing is necessary for the purposes of the legitimate interests pursued by the Owner or by a third party.

In any case, the Owner will gladly help to clarify the specific legal basis that applies to the processing, and in particular whether the provision of Personal Data is a statutory or contractual requirement, or a requirement necessary to enter into a contract.

Place

The Data is processed at the Owner's operating offices and in any other places where the parties involved in the processing are located.

Depending on the User's location, data transfers may involve transferring the User's Data to a country other than their own. To find out more about the place of processing of such transferred Data, Users can check the section containing details about the processing of Personal Data.

Users are also entitled to learn about the legal basis of Data transfers to a country outside the European Union or to any international organization governed by public international law or set up by two or more countries, such as the UN, and about the security measures taken by the Owner to safeguard their Data.

If any such transfer takes place, Users can find out more by checking the relevant sections of this document or inquire with the Owner using the information provided in the contact section.

Retention time

Personal Data shall be processed and stored for as long as required by the purpose they have been collected for.

Therefore:

  • Personal Data collected for purposes related to the performance of a contract between the Owner and the User shall be retained until such contract has been fully performed.
  • Personal Data collected for the purposes of the Owner’s legitimate interests shall be retained as long as needed to fulfill such purposes. Users may find specific information regarding the legitimate interests pursued by the Owner within the relevant sections of this document or by contacting the Owner.

The Owner may be allowed to retain Personal Data for a longer period whenever the User has given consent to such processing, as long as such consent is not withdrawn. Furthermore, the Owner may be obliged to retain Personal Data for a longer period whenever required to do so for the performance of a legal obligation or upon order of an authority.

Once the retention period expires, Personal Data shall be deleted. Therefore, the right to access, the right to erasure, the right to rectification and the right to data portability cannot be enforced after expiration of the retention period.

 

 

 

The purposes of processing

The Data concerning the User is collected to allow the Owner to provide its Services, as well as for the following purposes: Analytics, SPAM protection and Contacting the User.

Users can find further detailed information about such purposes of processing and about the specific Personal Data used for each purpose in the respective sections of this document.

 

 

Detailed information on the processing of Personal Data

Personal Data is collected for the following purposes and using the following services:

 

 

Further information about Personal Data

 

 

The rights of Users

Users may exercise certain rights regarding their Data processed by the Owner.

In particular, Users have the right to do the following:

  • Withdraw their consent at any time. Users have the right to withdraw consent where they have previously given their consent to the processing of their Personal Data.
  • Object to processing of their Data. Users have the right to object to the processing of their Data if the processing is carried out on a legal basis other than consent. Further details are provided in the dedicated section below.
  • Access their Data. Users have the right to learn if Data is being processed by the Owner, obtain disclosure regarding certain aspects of the processing and obtain a copy of the Data undergoing processing.
  • Verify and seek rectification. Users have the right to verify the accuracy of their Data and ask for it to be updated or corrected.
  • Restrict the processing of their Data. Users have the right, under certain circumstances, to restrict the processing of their Data. In this case, the Owner will not process their Data for any purpose other than storing it.
  • Have their Personal Data deleted or otherwise removed. Users have the right, under certain circumstances, to obtain the erasure of their Data from the Owner.
  • Receive their Data and have it transferred to another controller. Users have the right to receive their Data in a structured, commonly used and machine readable format and, if technically feasible, to have it transmitted to another controller without any hindrance. This provision is applicable provided that the Data is processed by automated means and that the processing is based on the User's consent, on a contract which the User is part of or on pre-contractual obligations thereof.
  • Lodge a complaint. Users have the right to bring a claim before their competent data protection authority.

 

Details about the right to object to processing

Where Personal Data is processed for a public interest, in the exercise of an official authority vested in the Owner or for the purposes of the legitimate interests pursued by the Owner, Users may object to such processing by providing a ground related to their particular situation to justify the objection.

Users must know that, however, should their Personal Data be processed for direct marketing purposes, they can object to that processing at any time without providing any justification. To learn, whether the Owner is processing Personal Data for direct marketing purposes, Users may refer to the relevant sections of this document.

How to exercise these rights

Any requests to exercise User rights can be directed to the Owner through the contact details provided in this document. These requests can be exercised free of charge and will be addressed by the Owner as early as possible and always within one month.

 

 

Additional information about Data collection and processing

Legal action

The User's Personal Data may be used for legal purposes by the Owner in Court or in the stages leading to possible legal action arising from improper use of this Application or the related Services.
The User declares to be aware that the Owner may be required to reveal personal data upon request of public authorities.

Additional information about User's Personal Data

In addition to the information contained in this privacy policy, this Application may provide the User with additional and contextual information concerning particular Services or the collection and processing of Personal Data upon request.

System logs and maintenance

For operation and maintenance purposes, this Application and any third-party services may collect files that record interaction with this Application (System logs) use other Personal Data (such as the IP Address) for this purpose.

Information not contained in this policy

More details concerning the collection or processing of Personal Data may be requested from the Owner at any time. Please see the contact information at the beginning of this document.

How “Do Not Track” requests are handled

This Application does not support “Do Not Track” requests.
To determine whether any of the third-party services it uses honor the “Do Not Track” requests, please read their privacy policies.

Changes to this privacy policy

The Owner reserves the right to make changes to this privacy policy at any time by giving notice to its Users on this page and possibly within this Application and/or - as far as technically and legally feasible - sending a notice to Users via any contact information available to the Owner. It is strongly recommended to check this page often, referring to the date of the last modification listed at the bottom. 

Should the changes affect processing activities performed on the basis of the User’s consent, the Owner shall collect new consent from the User, where required.

 

 

Cookie Policy of giovani.com.cy

Cookies consist of portions of code installed in the browser that assist the Owner in providing the Service according to the purposes described. Some of the purposes for which Cookies are installed may also require the User's consent.

Where the installation of Cookies is based on consent, such consent can be freely withdrawn at any time following the instructions provided in this document. 
 

Technical Cookies and Cookies serving aggregated statistical purposes 

Other types of Cookies or third parties that install Cookies

Some of the services listed below collect statistics in an anonymized and aggregated form and may not require the consent of the User or may be managed directly by the Owner - depending on how they are described - without the help of third parties.

If any third party operated services are listed among the tools below, these may be used to track Users’ browsing habits – in addition to the information specified herein and without the Owner’s knowledge. Please refer to the privacy policy of the listed services for detailed information.


Nhờ có mối quan hệ khăng khít giữa Đại học Anh Quốc tại CH Síp, Trường Đại học UClan chi nhánh CH SÍp với Tập đoàn Giovani nên toàn bộ khách hàng của tập đoàn Giovani sẽ được hưởng một đặc quyền đó là: mua nhà từ Tập đoàn Giovani, nhận ngay học bổng Giovani. Tập đoàn Giovani sẽ tài trợ 11,800 Euro cho chương trình học đại học của con bạn.

Học phí tại trường UCLan chi nhánh Cộng hoà Síp là 39,800 Euro cho 4 năm học, giờ đây khách hàng chỉ phải trả 28,000 Euro. Để nhận được học bổng này, bạn chỉ cần sở hữu nhà hoặc bất động sản từ Tập đoàn Giovani. Sau đó nghiễm nhiên bạn hoặc bất kỳ thành viên hoặc người quen nào trong gia đình của bạn sẽ được phép sở hữu học bổng này. Thành viên trong gia đình bạn sẽ thực hiện việc nộp đơn đăng ký vào trường UCLan chi nhánh Cộng hoà Síp. Trường đại học sẽ đánh giá năng lực học của ứng viên đó, sau đó sẽ cấp thư mời và xác nhận học bổng Giovani. Sau khi thanh toán khoản đặt cọc 5,000 Euro, sinh viên sẽ được đăng ký vào chương trình học tại trường UCLan Síp và học bổng Giovani được kích hoạt. Khoản thanh toán tiếp theo sẽ được thực hiện vào năm học thứ 2 của sinh viên đó. Khoản học phí còn lại trị giá 23,000 euro sẽ phải thanh toán từ năm thứ 2 trở đi và sẽ được chia nhỏ theo từng năm học. Ví dụ, 3 năm học còn lại mỗi năm chỉ phải thanh toán 7,667 Euro.

Điều khoản và điều kiện của Học bổng Giovani:

1.Học bổng Giovani chỉ được cấp cho những khách hàng mua bất động sản từ Tập đoàn Giovani.

2.Ngay khi ký hợp đồng mua bán với tập đoàn Giovani, thư xác nhận quyền lợi của chủ sở hữu được quyền nhận học bổng Giovani sẽ được cấp ra, dựa trên những điều khoản và điều kiện được giải thích dưới đây.

3.Người thụ hưởng học bổng Giovani sẽ phải thực hiện các bước như sau

Điền vào đơn Đăng ký nhập học của UCLan chi nhánh Cộng hoà Síp

  • Cung cấp những giấy tờ cần thiết liên quan cho trường nhằm đánh giá năng lực học tập của ứng viên. Đó là: Giấy tốt nghiệp THPT và Giấy xác nhận trình độ tiếng Anh. Trong trường hợp ứng viên không có Giấy xác nhận trình độ tiếng Anh thì ứng viên phải tham dự khóa học dự bị tiếng Anh của trường UCLan Síp và lấy kết quả của bài kiểm tra tiếng Anh tại trường. Sau khi trường UCLan chi nhánh Cộng hoà Síp đánh giá trình độ của sinh viên và kết quả đạt với yêu cầu đầu vào của trường, thì bên trường sẽ cấp thư mời cho ứng viên thông qua Văn phòng Tuyển sinh của Đại học UCLan Síp.
  • Thư mời sẽ ghi chú học bổng Giovani và học phí mỗi năm sẽ được giảm trừ như đã giải thích bên trên.
  • Những điều kiện trong thư mời mà ứng viên cần phải đạt được để có thể nộp hồ sơ vào trường đó là: Chấp nhận thư mời bằng việc ký vào đó.
  • Thanh toán tiền đặt cọc 5000 Euro
  • Bảo đảm rằng ứng viên đủ điều kiện cư trú tại Síp thông qua Thẻ xanh (thường trú nhân), hoặc hộ chiếu hoặc thậm chí bằng việc thực hiện nộp đơn xin visa học sinh – Văn phòng Tuyển sinh của trường UCLan Síp sẽ hỗ trợ sinh viên làm.

4. Học bổng Giovani chỉ có hiệu lực đối với các chương trình đại học tại trường UCLan chi nhánh Cộng hoà Síp, dành cho các sinh viên toàn thời gian và nhập học vào tháng 10 hoặc tháng 1 niên học 2019-2020 hoặc 2020-2021.

5. Học bổng Giovani có thể được chỉ định cho bất kỳ thành viên nào trong gia đình hoặc người thân của chủ sở hữu bất động sản. Chủ sở hữu bất động sản phải thông báo bằng văn bản với Tập đoàn Giovani về người mà mình muốn chỉ định sử dụng học bổng này.

6. Học bổng Giovani không được quy đổi thành tiền mặt.

7. Học bổng Giovani không được sử dụng kết hợp với bất kỳ học bổng hay chương trình giảm giá nào khác do trường Đai học UCLan chi nhánh cộng hoà Síp cung cấp.

英国塞浦路斯大学、UCLAN大学塞浦路斯分校和乔瓦尼集团之间的紧密联系为乔瓦尼集团的客户带来了独特的利益。从乔瓦尼集团购买您的房子，就可以获得乔瓦尼奖学金，获得您的教育保障。

乔瓦尼集团将赞助您孩子的11800欧元的本科教育。
UCLAN大学塞浦路斯分校4年本科全部费用是39800欧元，要是从成为乔万尼集团的客户，您只需支付28000欧元。

为了获得乔瓦尼奖学金，您需要先从乔瓦尼集团购买您的房屋/固定资产。

然后你或你的任何家庭成员和熟人，就会自动获得乔瓦尼奖学金。

你的家庭成员将继续在UCLAN大学塞浦路斯分校用他/她的申请接受本科教育。

大学将对他/她的教育背景进行评估，并向他/她发出录取通知书，确认获得乔瓦尼奖学金。在支付5000欧元的押金后，学生将在UCLAN大学塞浦路斯分校注册学习计划，并享受乔瓦尼奖学金。

下一次付款将在他/她的学习第二年。

23000欧元的余额将从第二年起支付，并将分为学生剩余的学习年数。例如，3年的学习时间的话，每年需付7667欧元学费。


乔瓦尼奖学金的条款和条件：

1. 乔瓦尼奖学金只适用于从乔瓦尼集团购买房产的人。

2. 与Giovani集团签订销售合同后，将向业主发出信函，确认他们现在有资格根据下文解释的条款和条件享受乔瓦尼奖学金。

3. 乔万尼奖学金受益人将需要遵循以下步骤：

填写UCLAN大学塞浦路斯分校的申请表

  • 提供UCLAN塞浦路斯分校评估申请人学历所需的相关文件。这些是：高中毕业证书和英语水平证书。如果申请人没有英语语言证书，他们可以参加UCLAN塞浦路斯分校的英语预备课程，并参加UCLAN塞浦路斯分校的英语安置考试。
  • 一旦UCLAN大学塞浦路斯分校对学历进行评估，并满足最低入学要求，则该校招生部门将向申请人发出录取通知书。
  • 邀请函将注明乔瓦尼奖学金，以上所说跟普通学生比较您每年的学费将减少很多。
  • 为使申请人能够注册，报价函上唯一需要满足的条件是：
  • 签收录用通知书。
  • 交纳5000欧元押金。
  • 确保他们有资格通过永久居留权或塞浦路斯护照，UCLAN大学塞浦路斯分校招生部门也可以帮助学生申请学生签证继续留在塞浦路斯。

4. 乔瓦尼奖学金仅适用于2019/2020和2020/2021学年的10月或1月入学的UCLAN大学塞浦路斯分校全日制学生的本科学习计划。

5. 乔瓦尼奖学金只分配给房产所有人的任何家庭成员或熟人。房产所有人必须以书面形式通知乔瓦尼集团让他们将乔瓦尼奖学金分配给申请者。

6. 乔瓦尼奖学金不能兑换成现金。

7. 乔瓦尼奖学金不能与UCLAN大学塞浦路斯分校提供的任何其他奖学金或助学金或折扣相结合。


Here are the translations in the Chinese or Vietnamese or Russian.

The strong affiliation between the British University of Cyprus, UCLan Cyprus, and the Giovani Group generated a unique benefit to Giovani Group’s clientele. Purchase your home from Giovani Group and earn your passport to education, with the Giovani Scholarship. The Giovani Group will sponsor €11,800 of your child’s undergraduate education.

From €39,800 which is the full tuition fee cost of all 4 years of undergraduate study at UCLan Cyprus, you will only pay €28,000. In order to secure the Giovani Scholarship, you will need to first have purchased your home/property from Giovani Group. Then automatically you or any of your family members and acquaintances, will be allowed the Giovani Scholarship. The member of your family that will proceed with their undergraduate education with UCLan Cyprus will proceed with his/her Application to the University. The University will evaluate his/her education background and an Offer Letter will be issued to him/her, confirming the Giovani Scholarship. Upon paying a €5,000 deposit the student will be then Register to his/her Programme of Study at UCLan Cyprus and enjoy the Giovani Scholarship. The next payment will be due the 2nd year of his/her studies. The balance of €23,000 will be requested to be paid from the 2nd year onwards and will be divided in the years of study remaining for the student. For example, 3 years of study left to completion, means €7,667 per year.

Terms and Conditions of the Giovani Scholarship:

1.The Giovani Scholarship is applicable only to those purchasing a property from the Giovani Group.

2.Upon signing of the Contract of Sales with the Giovani Group and letter will be issued to the owner confirming that they are now eligible to benefit from the Giovani Scholarship, based on the Terms and Conditions hereinafter explained.

3.The beneficiary of the Giovani Scholarship will then need to follow the below steps:

Fill the Application Form of UCLan Cyprus,

  • Provide the relevant documentation needed for UCLan Cyprus to evaluate the academic qualifications of the applicant. These are: High School Leaving Certificate and English Language level Certificate. In case the applicant does not have an English Language Certificate they can join the English Preparatory Courses of UCLan Cyprus and take the UCLan Cyprus English Placement test instead.
  • Once UCLan Cyprus evaluates the academic qualifications and is satisfied that they meet the minimum entry requirements then an Offer Letter will be issued to the Applicant, by the Admissions Department of UCLan Cyprus.
  • The Offer Letter will note the Giovani Scholarship and the tuition fees per year will be reduced as explained.
  • The only conditions on the Offer Letter that will need to be met in order for the Applicant to be able to Register are:Accept the Offer Letter by signing it off.
  • Pay the 5,000 deposit.
  • Ensure they are eligible to stay in Cyprus, either via the Permanent Residency or Passport or even by proceeding with their Student Visa Application which UCLan Cyprus Admissions Department will support them to do.

4. The Giovani Scholarships are only applicable to Undergraduate Programmes of Study at UCLan Cyprus, for Full Time students, for entry either October or January intakes, for the academic years 2019/2020 and 2020/2021.

5. The Giovani Scholarship can be assigned to any family member or acquaintance of the owner of the property. The owner of the property must inform the Giovani Group in writing of the person that they are assigning the Giovani Scholarship to.

6. The Giovani Scholarship cannot be exchanged with any monetary benefit.

7. The Giovani Scholarship cannot be combined with any other scholarship or bursary or discount that UCLan Cyprus offers. EDUCATION/STUDENT LOANS 1) USB BANK – Education/Student loans available for UCLan Cyprus students, covering the full student expenses (tuition, living expenses, general student expense, etc.). For more information click here.

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As a part of its policies aiming to further encourage Foreign Direct Investment and to attract high net worth individuals to settle and do business in Cyprus, the Council of Ministers, on the 13th of September 2016, revised the "Cyprus Investment Program" and, thus, established the new criteria and terms based on which non–Cypriot entrepreneurs/investors and members of their families may submit applications in accordance with the provisions of the “Program”.

Moreover, the Council of Ministers, as a part of its efforts for the further improvement of the “Cyprus Investment Program” on the 9.1.2018 and 21.5.2018 decided the establishment of the Committee for Supervision and Control as well as of the “Registry of Service Providers for the Cyprus Investment Program.” According to these resolutions from the 1.8.2018 and onwards applications will only be able to be submitted by Service Providers that are included in the «Registry» on the basis of an improved procedure.

On the 18th of August 2020 the council ministers have adopted new and amended regulations in regards to the Cyprus Investment Programme (CIP) including a “Supervision and Control Committee” with the aim to regulate the services of the CIP registered service providers, and a “Naturalizations Control Unit” or the continuous examination of the citizenship applications, the compliance of all applicants with the applicable regulations and the coordination and/or supervision of the CIP.

ELIGIBILITY CRITERIA UNDER THE CIP ARE AS FOLLOWS:

  • Main applicant and spouse i.e. husband and wife.
  • Children up to (and including) the age of 17.
  • "Adult children” between the ages of 18 to 28
    i. Provided their application is reviewed by Council of Ministers prior to their 29th birthday; and
    ii. Provided they are students studying towards either a first university degree, or a first master’s degree. Parents of the main applicant, provided an additional investment of minimum €500,000 (plus VAT if applicable), be made in residential property

ADVANTAGES OF THE PROGRAMME

  • Residence Permit in Cyprus: The applicant, prior to his/her naturalization as a Cypriot citizen must hold a residence permit in Cyprus.
  • Application process takes approximately 6 – 8 months
  • Simple and straightforward application process with no requirements to disclose source of wealth or funds, no medical testing, and no language requirements
  • Exit Strategy after five (5) years (from 15 May 2019 investment must be kept for (5) five years).

MAIN ADVANTAGES OF THE CYPRUS
INVESTMENT PROGRAMME

  • Free Movement of People

    Free Movement of People

    Freely travel, reside, study and work within the 28 countries of the EU, as well as Switzerland, Norway, Iceland and Liechtenstein.

    An entire family can obtain Cyprus Citizenship i.e. spouse of applicant, children under 18 years, and adult dependents (ages 18 to 27). Children of EU nationals have the right to lower tuition fees within the EU.

  • Free Movement of Services

    Free Movement of Services

    Establishment and free movement of services - individual citizens and their companies can offer services within the EU Member States without any obstacles.

  • Free Movement of Capital

    Free Movement of Capital

    Transfer of funds between EU Member States, purchase of property in any preferred EU Member State, and invest in any type of activities.

  • Free Movement of Goods

    Free Movement of Goods

    All goods produced in EU Member States can be freely transferred between Member States.

  • No requirement to physically reside in Cyprus

    No requirement to physically reside in Cyprus

    Either before the filing of an application or after obtaining Cypriot Citizenship.

  • Attractive Tax System

    Attractive Tax System

    • Cyprus is an attractive financial centre due to its highly favourable tax system and strategic location at the crossroads of three continents – Europe, Africa and Asia. The Cypriot taxation system is consistently voted by EU tax professionals as being the most attractive in Europe.
    • Newly introduced “non-domicile” regime results in zero taxation of worldwide dividends and interest income, for period of 17 years.
  • High standard of living

    High standard of living

    Cyprus offers political stability and a high standard of living with access to reputable state and private schools, medical facilities and among the lowest crime rates within the EU.

  • Visa Free Travel

    Visa Free Travel

    • No visa required for travel within the EU.
    • No visa required for travel to over 159 non EU countries.
  • Dual Citizenship

    Dual Citizenship

    Cyprus allows its citizens to hold dual citizenship.

    • A.1 Investment in residential, commercial, land development and infrastructure projects:

      The applicant must have made an investment of at least €2 million for the purchase or Construction of buildings or for the construction of other land development projects (Residential or commercial developments, developments in the tourism sector) or other Infrastructure projects

      The investment in land is eligible provided there is an investment plan in place. It is understood that investment in land that is situated in a building zone of zero development, is excluded.

      Criteria based on residential real estate plan

      Option A:
      Purchase only (1) one single residential unit of at least €2 million and sell in 5 years’ time and at the same time purchase a privately owned residential unit in Cyprus, for at least €500.000.

      Option B:
      Purchase more than (1) one residential units (villas or apartments) worth of minimum €2.0 million and sell in 5 years’ time. Maintain private residence worth a minimum of €500,000.

      Note: the parents of the main applicant can be included in the application if they purchase a residential unit worth of €500.000 plus VAT if applicable.

      Note: As of May 15, 2019 investment must be kept for (5) five years. Additionally any investment relating to a property which was already subject of a passport application by a previous applicant, the threshold for investment in properties is increased to €2,5 million euros

      All prices in relation to properties, are exclusive of VAT.

      B. TERMS AND CONDITIONS :

      1.Residence in the Republic of Cyprus: The applicant must possess a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500.000, plus V.A.T.

      It is noted that members of the same family, who apply separately as investors, can collectively acquire a residence, provided that the total value of this home-property covers the amount of €500.000 per each applicant.

      In case that the purchase value of the permanent privately owned residence in Cyprus exceeds the amount of €500,000, part of this additional amount can be used for purposes of supplementing the total amount of the investment made on the basis of the criteria of Part A above.

      Additionally, it is noted that if the applicant has invested in housing unit/units on the basis of the aforementioned criteria, the purchase of another permanent residence in Cyprus will not be required, if at least one of these housing units is worth at least €500,000, plus VAT, provided that the applicant retains the possession of the residence for life.

      C.SUBMISSION OF DOCUMENTS:

      For the evaluation of the applications the form (M127) as well as the following documents must be submitted:
      1.CLEAN CRIMINAL RECORD:

      Certificate of Clean Criminal Record from the country of origin and the country of residence (if different). The eligibility of the Investors and their family members is subject to certain exceptions clearly defined. Applicants falling in any of the following categories are not eligible to apply for the CIP:

      1. Politically exposed persons (PEPs), however it only applies to PEPs who hold such a position at the time of the application or within the 12 months prior to the submission of the CIP application; 2. Applicants who are subject to criminal investigation either in Cyprus or abroad at the time of the application and/or applicants convicted of serious criminal offences, in both cases applicable only for criminal offences punishable with imprisonment of 5 years or more; 3. Applicants that are connected with natural or legal persons who are included in the Restrictive Measures Lists of the European Union and/or applicants that they were connected (at the time of such inclusion in the List) with natural or legal persons who are included in the Restrictive Measures Lists of the European Union; 4. Applicants that are connected with natural or legal persons who are included in the Sanctions Lists of the European Union and/or applicants that they were connected (at the time when such sanctions were imposed) with natural or legal persons who are included in the Sanctions Lists of the European Union; applicants that are connected with natural or legal persons who are included in the Restrictive Measures Lists of either the European Union or the United Nations, against whom such Restrictive measures remained valid for a period ended up to 12 months prior to the submission of the CIP application; applicants who are included in the “Wanted List” of either EUROPOL or INTERPOL; and 5. Applicants the estate of whom has been seized within the borders of the European Union.

      2. RESIDENCE IN THE REPUBLIC OF CYPRUS:
      (a) Contract of Sale.
      (b)Title Deeds or Proof of Registration of the contract with the Lands and Surveys Department.
      (c)KYC Documents showing that the money used for the investment did not originate from illegal activities
      (d) Proof of payment of the agreed purchase price.
      (e) Copy of the wire transfer to a Cypriot commercial banking institution in the name of the seller or the seller’s company.
      (f) An evaluation certificate from an independent registered land surveyor, if required by the Ministry of Interior or the Ministry of Finance.

      3. CRITERIA REGARDING THE INVESTMENT (WHEN APPLICABLE):
      (a) Certificate of Registration of the company/ companies by the Registrar of Companies.
      (b) Certificate of shareholders by the Registrar of Companies or certificates evidencing that the applicant is the beneficiary owner of the company/ companies.
      (c) Audited accounts of the company (or companies) for the last three years preceding the year of the application.
      (d) If the applicant is a high-ranking senior manager, the submission of the employment contract and the receipt from the Department of Inland Revenue are additionally required.
      (e) It is emphasized that the investment funds must emanate from the Investor’s personal account or from the Investor’s company/ies based and operating abroad.

      In addition to the above criteria and as of Aug 18, 2020 donation to the Research and Innovation Foundation and the Cyprus Land Development Corporation will be mandatory:

      a) The applicant must have donated at least €100.000 to either the Research and Innovation Foundation or The Industry and Technology Service or The Fund for Renewable Energy Sources and Conservation of Enery or the National Solidarity Fund

      b) The applicant must have donated at least €100.000 to the Cyprus Land Development Authority for the financing of housing schemes for affordable housing, but also for the materialization of other housing schemes/measures.

      Note that certain exceptions apply to the above: the obligation is lifted, if the applicant has made an investment of €400.000 in a company whose operations fall within the primary sector of the economy, or the secondary sector of the economy (excluding constructions), or in the sectors of research and development, education, health and renewable energy sources will be exempt from the requirement to make a donation to the Research and Innovation Foundation.

      It is emphasized that the citizenship may be revoked if any of the economic criteria and/or requirements of the CIP are no longer satisfied

    • 1. CLEAN CRIMINAL RECORD: the applicant must have a clean criminal record. Furthermore, his name must not be included in the list of persons whose assets, within the boundaries of the European Union, have been frozen as the result of sanctions.

      2. RESIDENCE IN THE REPUBLIC OF CYPRUS: In all cases listed in Part A, the applicant must possess a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least €500.000, plus V.A.T.

      It is noted that members of the same family, who apply separately as investors, can collectively acquire a residence, provided that the total value of this home-property covers the amount of €500.000 per each applicant.

      In case that the purchase value of the permanent privately owned residence in Cyprus exceeds the amount of €500,000, part of this additional amount can be used for purposes of supplementing the total amount of the investment made on the basis of the criteria of Part A above.

      Additionally, it is noted that if the applicant has invested in housing unit/units on the basis of the aforementioned criterion A.1, the purchase of another permanent residence in Cyprus will not be required, if at least one of these housing units is worth at least €500,000, plus VAT, provided that the applicant retains the possession of the residence for life.

      1. All above mentioned investments need to be kept for at least (5) three years from the date of Naturalization.
      2. All investments need to be concluded with fresh funds from abroad.
      3. Schengen Visa: The applicant must hold a valid Schengen visa. Third-Country nationals that do not require an entry visa for travelling in European Union member-states, as well as citizens of European Union Member States are excluded from this obligation.
      4. A further condition has been added providing that an applicant whose application for citizenship in any other member-state of the European Union had been rejected, is not eligible to apply for the acquisition of the Cypriot citizenship through the Cypriot Investment Program.

      3. RESIDENCE PERMIT IN CYPRUS: The applicant, prior to his/her naturalization as a Cypriot citizen must hold a 6 month resi- dence permit in Cyprus.

      If the applicant does not already hold a residence permit, he/she may apply for an immigration permit on the basis of Regulation 6 (2) of the Aliens and Immigration Law, simultaneously with the application for naturalization. If the application for acquiring an immigration permit is made solely for purposes of acquiring the Cypriot citizenship, in accordance with the provisions of this programme, there are no other conditions than those stated in both Part A and Part B of this programme.

      It is noted that all of the above also apply for the adult members of the family of the investor, who will apply for naturalization.

      In case the application for naturalization is rejected for any reason, the immigration permit, obtained in accordance with the provisions of this Decision, will be canceled immediately.

      4. The required investments must be held for 5 years from the date of obtaining the Cyprus Nationality*. *In case one invests in immovable property under construction the 5 year period that the applicant is required to hold the investment, will start to count from the date of issuance of the planning permit.

      For more information on the investment criteria and conditions of the Cyprus Investment Programme please refer to the PDF document.

    The future of your tomorrow starts here....Walk the path to Cyprus Investment Programme.

    For more than three decades, Giovani Group is dedicated to quality and a forward-thinking approach that fosters innovation. With a remarkable number of Certified Partners around the world, Giovani Group seek to grow its network of licensed immigration consultants, lawyers, private bankers, accountant and other financial/legal professionals with exceptional status and good base of High Net Worth (HNW ) Clients.

     

    If your company shares the above requirements, complete the form below to facilitate your client's journey to Cypriot Citizenship:

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    If you prefer to bypass this form and reach us please send your email at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 800 300 03.

    Below you will find the main differences between the Cyprus Fast Track Permanent Residency Permit and the Slow Track.

     

     

     

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    Cyprus is a modern country that enjoys a strategic geographical position. It lies at the crossroads of three continents, Europe, Africa and Asia, thus provides unrivalled access and travel opportunities. With its excellent flight connections and firstclass airports, the island is perfectly placed for working and travelling within and beyond the European Union. Cyprus has a rich heritage and diverse culture, beautiful beaches with the cleanest bathing waters in Europe, fresh air, a wonderful Mediterranean climate and cosmopolitan cities with an abundance of amenities. The island offers a low cost but high standard of living and is a very popular year round destination for Europeans seeking a coastal or golf holiday.

    Cyprus has a modern, free-market, service based economy and is a favoured business destination due to its strong set of business and taxation advantages. Additionally, the island is very safe and stable making it an ideal location for families and students. Cyprus is rapidly recovering from recent economic turmoil thanks to significant activities in the shipping, tourism, financial & legal services sectors. Cyprus is an emerging regional energy hub, since the discovery of huge hydrocarbon reserves in its Exclusive Economic zone the island has seen a surge in foreign investment and development. Additionally, Cyprus’ recently launched residency and citizenship programmes have proved highly popular, creating strong demand in the property sector. Cyprus enjoys world-class property rights and solid investment, trade, labour, business and financial freedom.


    • Full EU member since 2004
    • Excellent British education
    • Beautiful scenery & very low crime rate
    • Strategic location enables easy access to Europe, Africa & Asia
    • Excellent year-round climate
    • Advanced infrastructure
    • No inheritance tax
    • Excellent health care system
    • Relatively low cost & high standard of living
    • English widely spoken
    • Very clean air & the cleanest bathing waters in Europe!
    • Efficient & transparent British based legal system
    • Cyprus allows dual citizenship
    • Euro currency

    WHY CYPRUS

    One may easily identify many positive factors in support of investing in Cyprus. The weather is beautiful, with lots of sunshine for the majority of the year. The cost of living is relatively low, as is the taxation rate in comparison to other EU member states. Although Greek is the official language English is the widely spoken in Cyprus. The people are friendly and accommodating and life is laid-back and relaxing. For most people looking to purchase property or live here, the financial and legal aspects of Cyprus law are similar to that of the United Kingdom.

    • Cyprus became an EU member on 01.04.2004
    • Modern banking sector with property lending facilities
    • Freehold property with full ownership
    • Legal system based on English common law
    • Adopted the Euro in 2008
    • Low prices compared to other common ‘sun’ destinations
    • Low cost of living, and low crime rates (Mercer index)
    • Low taxation, one of lowest in EU (from Forbes index)
    • Large infrastructure development - Golf Courses and Marinas
    • UNESCO world Heritage sites
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    Cyprus Overview

    • Business & Taxation
    • Information & Communication Technologies
    • Shipping
    • Professional Services & Regulatory Framework
    • Infrastructure
    • Energy
    • Quality of Life

    • Business & Taxation

      Cyprus offers one of the most attractive tax regimes in Europe. A member of the European Union since 2004, Cyprus’ regulatory regime is in full compliance with the requirements of the EU and OECD. Cyprus has one of the lowest EU corporate tax rates at 19%. The island’s advantageous tax rate coupled with an extensive list of double tax treaties places it high on the list of preferred jurisdictions for international tax planners.

       

    • Information & Communication Technologies

      Cyprus has managed to successfully exploit its strategic location at the crossroads of Europe, Asia and Africa – establishing it as a thriving international business centre with global connections. This success could not have been achieved without the support of an advanced communications infrastructure. Promoting the digital economy and developing secure electronic communications networks is high on the agenda in 2016, including creating more efficient e-solutions across all sectors. The government’s commitment to attracting foreign investment into Information and Communications Technology (ICT) projects and with start-ups springing up, Cyprus is being noticed internationally and was recently included in a list of eight emerging global technology hubs by Transfer Wire.

       

    • Shipping

      The Cypriot merchant fleet ranks among the 10 largest fleets in the world and ranks third in the European Union, with 12 per cent of the total fleet of the 27 Member States of the EU. Cyprus is also a major ship management centre with a total of around 60 ship management companies, some of which rank among the largest of their kind in the world, operating from within Cyprus. From those ship management companies, 87 per cent are controlled by Cypriot and EU interests and they employ almost 40,000 seafarers, out of whom 5,000 are EU nationals. The total fleet managed from Cyprus represents 20 per cent of the world third–party ship management market. Cyprus' ports are the commercial ports of Limassol and Larnaka. In 2018 there were 4,534 calls of ships in the Cyprus ports moving 270,364 passengers and 277,276 metric tons of cargo.

       

    • Professional Services & Regulatory Framework

      Cyprus’s legal system is based on U.K. Common Law principles. As a member of the European Union, Cyprus has introduced the body of laws and regulations of the E.U. There are over 2100 registered advocates and 160 limited liability law firms providing a wide range of legal services in Cyprus such as international law, corporate administration, and management services. Cyprus offers a wide range of professional accounting, auditing, management consultancy, taxation, financial advisory and other administrative service to both the private and public sectors. In 2009, there were approximately 120 limited accounting firms and 40 partnerships operating in Cyprus. Top international accounting firms are established in Cyprus providing services to international investors.

       

    • Infrastructure

      The local infrastructure is ideally suited for business people who need to get things done. Thanks to its modern road network, extensive port facilities and two new international airports, travel and transport in and beyond Cyprus is fast, efficient and economical. Considerable investment has been made into transforming the island into a major telecommunications hub in the region. By building upon its technologically advanced infrastructure, Cyprus has established an extensive telecommunications network, both in terms of cable and satellite, which ranks amongst the best in the world. The coastal resorts of Larnaca and Paphos each operate international airports serving flights to and from both Europe and the Middle East.

       

    • Energy

      Cyprus is committed to ensuring the security of its energy supply, protecting the environment, fostering healthy competition in the energy sector and encouraging the development of renewable energy technologies and production. Cyprus also aims to positively contribute to the European energy security of supply. Cyprus ranks first in the world in solar energy use for water heating in households, and has achieved significant progress in the production of energy from Renewable Energy Sources (RES). The most important projects relating to power generation from RES concern wind parks and photovoltaic parks. The existence of world-class deepwater natural gas reserves in Cyprus Exclusive Economic Zone (EEZ) has attracted a lot of attention from potential international investors, while bringing new and exciting opportunities to the energy sector itself. With the energy developments in neighbouring countries, the prospects may be there for Cyprus to become an energy hub in the Eastern Mediterranean.

       

    • Quality of Life

      Cyprus offers an enviable lifestyle in a clean and healthy environment with a high standard of living. Living and working in Cyprus are directly related to fabulous weather, beautiful nature, art and culture, safety, security, and above all, hospitable and warm people. It is the combination of all these factors that makes the experience of living on the island extremely desirable and attractive. The balance between work and family part of everyday life, is unique and truly difficult to match.

       
       
       

    Ensuring the smooth running of all operations under the Giovani name, our group of companies all adhere to the high standard that have led to the exceptional reputation of or work.

     

    Giovani Kataskevastiki

    Giovani Kataskevastiki is core to our business operations. It’s this arm of the company that’s responsible for all construction aspects that we’ve built our name on. From the planning side of the development process through to adding the final touches, it’s this company this is responsible for our real estate development success.

     

    Jimchanggiovani Holdings

    As a group that looks to the future, we work in partnership with a variety of investors to boost cash injections in Cyprus. This dedicated branch works with influential Chinese investors to create profitable joint ventures, including a multi-million project within a new marina.

     

    First Class Global Citizen

    First Class Global Citizen provides high level, reliable information on immigration for individuals. Ranging from travel visas through to citizenship, this arm of the business helps those interested in immigration get to grips with the best choices and complete the process with ease.

     

    Villas2Let

    Our extensive property expertise lend themselves perfectly to the villa rental market. We help various parties to get the most out of their holiday home to create consistent revenue and satisfied customers that are seeking to visit the beautiful island of Cyprus.

     

    MasterFix

    Rental properties require ongoing maintenance, and our MasterFix company deals entirely with this aspect of our business. Maintaining our high standards throughout, it ensures that each villa is perfectly presented and in working order for guests.

    Giovani Group is one of the few construction and real estate companies of Cyprus’ south east coast, which have managed to derive a number of great developments from the recent financial crisis. The Group remains the largest employer in the Famagusta real estate sector, having relentlessly continued the creation of job opportunities.

    Today, the Group maintains a strong global network of over 200 associates, and its vision is to continue, with the same tenacity and innovation, to establish a strategy that will help generate viable market conditions, in order to reduce unemployment in the local community and create prosperity, both for the Group and its stakeholders. Giovani Group aims to continue its efforts to attract foreign investors in the years to come. As proof of its intentions, Giovani Group recently announced the launch of the Sun City Spa Resort and Residences landmark project. 

    With Sun City becoming a reality, and a combination of other landmark projects materialising, Giovani Group has already established its position amongst the island’s elite construction companies.

    Office Locations

    Main Office

    170, 1st April Avenue, 5280 Paralimni, Cyprus

    Freephone: 800 300 03

    From Abroad: (+357) 23 833 780

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    Protaras Sales Office

    436, Protaras – Cavo Greco Ave. 5314 Paralimni, P.O.Box 33480
    Cyprus

    Freephone: 800 300 03

    From Abroad: (+357) 23 833 780

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    RIYADH, KSA

    Kingdom of Saudi Arabia, P. O. Box 4353 Riyadh 11491, Omar bin Abdulaziz Street
    Cyprus

    T: (+966) 11 4786666

    M: (+966) 56111 5600

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

     

    RADNANA, ISRAEL

    7 HASADNA ST 1st FLOOR

    T: +972-54-8150060

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

     

    GET DIRECTIONS

    CONTACT FORM

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    If you prefer to bypass this form and reach us please send your email at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 800 300 03.

    Office Locations

    Cyprus Offices

    436, Protaras – Cavo Greco Ave. 5314 Paralimni, P.O.Box 33480
    Cyprus

    Freephone: 800 300 03

    From Abroad: (+357) 23 833 780

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    China Offices

    Hong Kong 4705, 47th Floor, Central Plaza,18 Harbor Road, Wanchai, Hong Kong
    China

    Phone: +8620-28683666

    Giovani Kataskevastiki

    436, Protaras – Cavo Greco Ave. 5314 Paralimni, P.O.Box 33480
    Cyprus

    Freephone: 800 300 03

    From Abroad: (+357) 23 833 780

    Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

    GET DIRECTIONS

    CONTACT FORM copy

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    If you prefer to bypass this form and reach us please send your email at This email address is being protected from spambots. You need JavaScript enabled to view it. or call 800 300 03.

    Here at Giovani Homes we’re proud of our roots and continued commitment to delivering excellence to every client we work with. For more than three decades, we’ve been operating in the competitive property market across Cyprus, standing out among rivals thanks to our dedication to quality and a forward thinking approach that fosters innovation. Since 1986, we’ve been passionate about building and while the processes, technology, and projects have changed over that time, we’re just as committed to delivering a superior service as when we first started out.

     

    Building for success in property development

    The beginnings of Giovani Homes data back to 1986 when Christakis Giovanis founded the business. He embedded his two core philosophies throughout the firm, and they remain pillars of our operations today. The first was a strong focus on producing quality that competed with rivals based abroad, setting our completed projects far above those completed domestically. The second was to take a wider view of the industry to ensure the business remained at the forefront of the sector. It’s an approach that’s worked for us. Over three decades we’ve grown enormously. Christakis Giovanis successfully turned a construction company into the largest real estate development company in the southeast of Cyprus today, employing over 250 people. Our diverse portfolio has grown to include construction and refurbishment projects of luxury properties, where the highest level of care and standard of work is required. With a renewed focus on this rapidly growing area, we’ve completed hundreds of projects within the sector. In fact, research shows that we hold an impressive 14.4% market share, with our nearest competitors trailing significantly behind.

     

    Continued focus on quality

    Our dedication to quality has formed the bedrock of our success and it’s been a critical part of the business from the very beginning. With a vision to ensure that Giovani Homes was on par with similar companies abroad and offering higher standards than rivals in Cyprus, Christakis Giovanis set out to achieve accreditation.

    We set precedence in 1996 when we were recognised for high standards by securing prestigious ISO certificates. We then became the first company on the island to obtain certificates across the following three areas:

    • ISO 9001 – Quality
    • ISO 14001 – Environment
    • OHSAS 18001 – Health and Safety

    Our commitment to quality remains as we aim to become the biggest employer in the Famagusta District and continue securing innovation projects, from developing smart homes and constructing modern work environments to forging partnerships to expand our global reach.

     

    If you’d like to speak the team at Giovani Homes to learn more, you can contact us today.