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

Invest in a new property worth a minimum of €300,000 plus VAT.

Income

Proof of Income (€50,000 annually plus an additional €10,000 per dependant, and €15,000 per parent included in the application).

Visit

Visit to Cyprus – Once to register biometrics, and once every 2 years after approval.

Alternative

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.

Time

Time from application submission to approval is approximately 2 months.