Cyprus Permanent Residency
With a simple process, short approval time and a low investment amount, the Cyprus Permanent Residency option is a popular route taken by those looking to relocate to Cyprus or to secure a back-up plan for the future of their family. To be eligible for Cyprus Permanent Residency, investors must meet the following criteria:
Invest
Invest in a new property worth a minimum of €300,000 plus VAT. This property must be held for life.
Or...
Alternative investment routes such as commercial real estate, Cyprus Companies and Shares are also available, ask for more details.
CCR
You must possess a Clear Criminal Record.
Income
Proof of Income (€30,000 annually plus an additional €5000 per dependant, and €8000 per parent included in the application).
Visit
Visit to Cyprus – Once to register biometrics, and once every 2 years after approval.
Time
Time from application submission to approval is approximately 2 months.