Cyprus, strategically positioned at the crossroads of three continents and a member of the European Union, offers an attractive opportunity for investors seeking a permanent residency permit. This permit, governed by Regulation 6(2) of the Aliens and Immigration Regulations, provides a secure solution for those looking to establish permanent residency in Cyprus.

What Sets the Cyprus Immigration Permit Apart

  • Efficiency and Simplicity: The application process, guided by straightforward criteria, can be typically finalized between 2 to 6 months.

  • Lifetime Residency: Uniquely, this is the sole European residency program that offers indefinite residency.

  • Minimal Stay Requirements: Applicants are obliged to be in Cyprus just once every 2 years.

  • Quality of Life: Cyprus, renowned as one of the world’s safest countries, offers an inclusive international community, outstanding education, healthcare, infrastructure, and basks in more than 300 days of sunshine annually.

  • Residency for the Entire Family: The Cyprus Immigration permit extends to the investor’s family, including their spouse/partner and children.

  • EU Citizenship: After residing in Cyprus for 5 years, permit holders, as well as their children under the age of 18, can apply for a Cyprus (EU) Citizenship.

Eligibility

To qualify for the Cyprus Permanent Residency Permit the applicant must:

  • Have a personal annual income of at least €50,000, with additional €15,000 required for their spouse and €10,000 for every dependent family member.

  • Be a citizen of a non-EU, non-EEA, and non-Swiss country.

  • Be over 18 years old.

  • Show a clean criminal record in both their current country of residence and country of origin.

Who Can Be Included in the Main Investor’s Application?

The Cyprus Immigration Permit welcomes eligible family members to join the journey with the main investor. These include:

  • Spouse

  • Children Under 18

  • Financially dependent children Aged 18 to 25 who are not married and who are students abroad.


Investment Requirements

Applicants must invest a minimum of €300,000 in one of the following categories:

  • Purchase of house/apartment: Purchase a house or apartment worth at least €300,000 (plus VAT), with the option to acquire up to two units directly from a developer.

  • Real Estate Investment (excluding houses/apartments): Invest in other types of real estate, such as offices, shops, hotels, or related developments.

  • Invest in a Cyprus Company: Invest in the share capital of a company registered in Cyprus, which maintains a physical presence and employs at least 5 individuals.

  • Invest €300,000 in units of a Cyprus Investment Organizations of Collective Investments (AIF, AIFLNP, RAIF).

For categories B, C, or D above, the investor’s required annual income of at least €50,000 can also originate from sources related to these activities in Cyprus.


Guidance from Start to Finish

Our team of professionals will provide you with comprehensive support throughout the entire process. We will assist you in gathering and preparing all required documentation, oversee the successful completion of your investment, handle the submission of your application, and ensure the efficient collection of your permit card.

To learn more about how we can assist you, please contact us via email at [email protected] or by giving us a call at +357 22 023 000.