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Permanent Residency Programme

Advantages:

  • Quick application process, usually completed within two months
  • Modest investment required to secure benefits
  • There are no language requirements to acquire permanent residency
  • No inheritance tax
  • Permanent residency can be granted to parents, by application
  • Residency is granted to your spouse and dependent children under 18 years of age, and to unmarried children aged between 18 and 25, are recognised students
  • High educational and healthcare facilities
  • Strategic location between Europe, Asia and Africa
  • It provides a right to apply for Cyprus citizenship at a later date

Application Criteria:

  • Residential or other property must be purchased with a minimum market value of €300,000 plus VAT
  • A secured annual income from outside of Cyprus
  • Funds to be transferred from abroad and deposited in a Cyprus bank, in a three year Fixed Deposit Account
  • The residence permit holder must visit Cyprus at least once every two years to maintain residency status

To discuss your options and how this programme may benefit you, please contact us.

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