Permanent Residency in Cyprus!

REASONS TO APPLY FOR RESIDENCE PERMIT

• Gives Non-EU nationals, the right to permanently reside in Cyprus
• Exempts you from immigration entry procedures (Visitor’s Visa)
• No language requirements
• The permit covers the entire family (married spouse, children under 18 years old and financially dependent children up to 25 years old) and the parents of the main applicant and spouse
• The permit is valid for life. Visit Cyprus every two years only
• Easy access within the European union

IMPORTANT INFORMATION TO HAVE IN MIND

• Applicants must purchase in Cyprus one or two new real estate properties with a total purchase value of at least €300.000 (excluding VAT). Properties can be 2 residences. At least €200.000 of the purchase cost must be settled at the time of submission of the application
•  A secure and steady annual income transferred on a regular basis from abroad to a bank operating in Cyprus. The income should derive from sources other than employment in Cyprus
• Funds transferred from abroad and deposited in a Bank operating in Cyprus in a 3-year Fixed Deposit Account for the amount of €30.000
• Applications are reviewed by the Civil Registry and Migration and the Minister of Interior grants final approval
• The processing time is 1-2 months