Cyprus Permanent Residency
To secure residency in Cyprus, the Department of Population and Immigration plays a vital role. Not long ago, Cyprus broadened the range of eligible investments for non-EU citizens who wish to obtain immigration permits through the accelerated process. This expansion includes commercial and residential real estate.
Your path to Sun, Sea, and Serenity
Purchase any form of Real Estate. The the total value should exceed €300 000 + VAT.
An applicate can seal ownership on up to two properties with each valued at least €150 00 + VAT (combined minimum value reaching over €300 000 + VAT)
Application:
Proof of the payment of the amount of €300,000 (excluding VAT) should be submitted as part of the application. Where the acquisition of the property/ies took place over 1 year prior to the submission of the application, the applicant will have to submit a recent Search Certificate issued by the Land Registry Department.
criteria - Eligibility for the programme
The main applicant must be able to demonstrate a secured annual income of at least €50,000.
The said income may derive from employment income, dividend distribution, pensions, rents etc.
The amount of income will increase, in accordance with the number and type of dependent family members to be included in the application, as follows:
individual
- Spouse: €15,000
- Underage children: €10,000 per individual
- Adult children (between the ages of 18 and 25, economically dependent on the investor, who are enrolled as students in a higher-educational institution) of the investor – €10,000 per individual Here's how it breaks down:
Please note that these figures reflect additional yearly incomes to be considered for each respective family member mentioned above.
The information provided on this page reflects the latest updates regarding the permanent residency programme. Please be aware that the criteria for obtaining permanent residency can be subject to change by the Republic of Cyprus at any time.
Why Choose Cyprus
Permanent Residency?
- No medical examinations or tests required.
- Take advantage of no inheritance tax Pplicies.
- Enjoy the freedom of an indefinite stay in Cyprus.
- No language requirements needed for application.
- Invest in freehold properties and secure your future.
- Obtain your PR permit within just 3 months from submission.
- Experience the only permanent residency programme that lasts a lifetime.
- Explore visa-free entry to Cyprus. Gain easy access to Europe with your PR status.
Please note that these figures reflect additional yearly incomes to be considered for each respective family member mentioned above.
The information provided on this page reflects the latest updates regarding the permanent residency programme. Please be aware that the criteria for obtaining permanent residency can be subject to change by the Republic of Cyprus at any time.
Get in Touch
If you’re interested in learning more about Serenity Park, a luxurious destination project located in Pafos, we encourage you to get in touch with us.