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Permanent residence permits are issued to the whole family
Financially dependent adult children from 18 to 25 can be included
The investor’s parents and parents-in-law can be included
Permanent residence permit is issued in just 2 months

ADVANTAGES OF HAVING CYPRUS PERMANENT RESIDENCE CARD

The permanent residence permit is unlimited and valid for life
There are no physical residency requirements, only one visit is required every 2 years
There are no requirements for medical tests
There are no language proficiency tests needed

Eligibility Requirements

Main Applicant in Good Standing

Secured Annual Income of €30,000, from outside Cyprus

A Three Year Fixed Deposit of €30,000

Residential Property €300,000 (plus VAT if applicable), as ‘First Time’ Sale

One Visit Required Within the 1st Year to provide biometrics for PR Permit, then every 2 years thereafter

Residence Card: No renewal requirements

Main Applicant in Good Standing

Secured Annual Income of €30,000, from outside Cyprus

A Three Year Fixed Deposit of €30,000

Residential Property €300,000 (plus VAT if applicable), as ‘First Time’ Sale

One Visit Required Within the 1st Year to provide biometrics for PR Permit, then every 2 years thereafter
Residence Card: No renewal requirements

Application Process

2 WEEKS

COMPLIANCE TIME

  • Purchase of €300,000 residential property
  • Declaration of €30,000 secured income
  • Evidence of a 3 year fixed deposit of €30,000

1 WEEK

PREPARATION & SUBMISSION

  • Prepare supporting documentation & Application File
  • Submission of application to the Civil Registry and Migration Department

2 MONTHS

PROCESSING TIME

  • Evaluation of application by the Cyprus Civil Registry, the Migration Department and the Ministry of Interior

Complying with the set criteria

Residency application submission

Government of Cyprus processes application

Issuance of PR Permit

Complying with the set criteria

Residency application submission

Government of Cyprus processes application

Issuance of PR Permit