PERMANENT RESIDENCE PERMIT

OPPORTUNITY TO INVEST IN CYPRUS – A EU AND EUROZONE MEMBER STATE - AND BECOME A CY-EU CITIZEN OR GET THE PERMANENT RESIDENCE PERMIT.

Non-EU citizens who purchase property in Cyprus
can benefit from the new and accelerated procedure for obtaining a Permanent Residence Permit in Cyprus

The applicants must:

  • Purchase a property of a minimum value of €300.000 plus VAT and provide proof of payment for at least €200.000 plus VAT with funds transferred from abroad.

  • Deposit of €30.000, with funds transferred from abroad, pledged for at least 3 years in a bank in Cyprus.

  • Prove that they have a min annual income of €30.000. The amount increases by €5.000 for each dependent.

  • Submit a clean criminal record certificate issued by the Authorities of their country of origin.

  • Submit a statement confirming they will not be employed in Cyprus. The applicant is allowed to be a shareholder of a Cyprus company and earn dividends.

  • Visit Cyprus at least once every two years. Provided that the criteria described above are fulfilled, the permit is granted within 2 months from the date of submission of the application.

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Contact

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+357 25 751975

Address

19 B & C Kosti Palama

 Mesa Geitonia,
4001,
Limassol,
Cyprus

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