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