Cyprus Permanent Residency

As a non-EU National, permanent residency in Cyprus provides unique advantages.

Through investment or the purchase of property, residency could provide better proximity to the EU for business or personal affairs

Benefits

Save Time

with direct flight connections to Europe, Africa and Asia

Low Crime

The lowest crime rate in Europe

Tax

One of the most favourable

Visa Entry

1 year multiple entry visa for European countries is straight forward

High Quality

High quality health and education system

Living

Low cost of living for the whole family

Benefits of residency
in Cyprus

  • A residence permit is issued after two months for three genrations of your family.
  • The residency permit, enables clients to acquire a second home in Cyprus for life with no requirements for renewal.
  • It is a favourable scheme as there are no residency requirements, other than the mandate of one visit to Cyprus every two years.
  • Actual residency in Cyprus for 7 years over a 10 year period will result in the permit holder behing eligible for citizenship by naturalisation.
  • No additional tax liabilities for your world wide income.

Eligibility Criteria

Main applicant in good standing

Secured annual income of €30,000

A 3 year fixed deposit of €30,000

Residential property of €300,000 as a ‘first time’ sale

Visit Cyprus once every 2 years

Residence Card

Timeline for Application

2 Weeks - Time

  • Purchase of a €300,000 + VAT, Property
  • Declaration of €30,000 secured Income
  • Evidence of a 3 year fixed deposit of €30,000
Criteria
Residency Application

1 Week - Preparation and Submission

  • Prepare supporting documents & application time
  • Submission to the Civil Registry & Migration Department

2 Months - Processing Time

  • Evaluation of application by the Civil Registry & Migration Department
Permanent Residency by Investment

Contact us for more information

Properties For Permanent Residency in Paphos