Residence permit in Cyprus

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SELECT AND BUY REAL ESTATE

WE WILL PREPARE AND SUBMIT THE NECESSARY DOCUMENTS FOR YOU


RECEIVE AN ID CARD IN
3 MONTHS (90 DAYS)

CONDITIONS FOR OBTAINING A PERMANENT RESIDENCE PERMIT IN CYPRUS AND THE POSSIBILITY OF FURTHER OBTAINING EU CITIZENSHIP:

Permanent residence permit category F

  • Wealthy foreign citizens residing in Cyprus can obtain a permanent residence permit category F
  • The basis for obtaining a residence permit is a guaranteed annual income received from abroad and confirmed by a bank account statement of the main applicant, the presence of own real estate in Cyprus, documents confirming the ownership of a business in the country of origin.
  • Immigration may also require proof of additional funds.

Permanent residence permit category 6(2) “accelerated”, you must:

  • Purchase real estate with a minimum price of 300,000 euros (+ VAT). A minimum of 200,000 euros (+ VAT) must be paid to submit documents.
  • Make a deposit in a Cyprus bank in the amount of 30,000 euros for 3 years.
  • The applicant must have a minimum annual income of 30,000 euros (+5,000 euros for each dependent + 8,000 euros for each parent).
  • Submit an application confirming that the applicant does not work in Cyprus, however he may be a shareholder of a Cyprus company which will bring him dividends.

Main advantages:

  1. The express procedure takes from 2 to 4 months.
  2. You will be able to own a business in Cyprus and receive dividends.
  3. Permanent residence is issued to the applicant's spouse, their children (minors and unmarried, financially dependent adult children under 25 years of age who are students with a remaining period of study of at least six months + an additional annual income of 5,000 euros must be shown for each such dependent child ), and parents of a married couple, with an additional annual income of 8,000 euros for each parent of a married couple.
  4. You are not required to be on the island, but only visit it once every two years.

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