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Cyprus Permanent Residency

The Cyprus Permanent Residency Programme has created a strong foundation whereby third country nationals are given a choice to invest in the Cyprus real estate market thereby gaining access for the main applicant and their families to the European Union through such an investment. The attractive Mediterranean way of life is guaranteed to secure you and your families’ future allowing you trouble free travel to any of the EU member states whether for work or a small holiday. In essence, another home away from home enabling you to even do business and take advantage of the extremely attractive tax system the island has to offer.

Criteria:

  • Participants need to invest a minimum of €300.000 (plus VAT) in a property.
  • Application is initiated following the investment of the first €200.000 (plus VAT).
  • Provide a clean criminal record from country of residence.
  • Proof of income from country of residence.
  • Detailed Curriculum Vitae (CV) for the applicant and family.
  • Once you have received your permanent residency you must visit Cyprus once within the first year of purchase and then at least once every two years.
  • Permanent residency applies to all the family including children under the age of 18, as well as children up to the age of 25 – if unmarried and are financially dependent on the applicant.

 

 

Advantages

  • Permanent Residency is granted for life.
  • Permanent residency applies to all the family including children under the age of 18, as well as children up to the age of 25 if unmarried and are financially dependent.
  • Permanent Residency is granted to 3 generations – granted to the applicant, the applicant’s children and to the parents of the main applicant, as well as to the parents of the applicant’s spouse
  • The residence permits are issued to third country nationals in a uniform format as an ID card.
  • The only Permanent Residency Programme that is valid for life.
  • Easy access to Europe
  • No language requirements -No medical requirements
  • No living requirements
  • Investment in a Freehold Property
  • Granted within 2 months from the day of submission.
  • No inheritance taxes
  • Access to free healthcare.
  • The residence permits are issued to third country nationals in a uniform format as an ID card.