Cyprus Residency Program
Obtain a life-time residency within 2 to 4 months
CYPRUS PERMANENT RESIDENCY
FOR PEACE OF MIND
The Cyprus Residency Program is not just about an improved lifestyle.
It means safety and stability for you and your family, ease of travel to EU countries, access to excellent educational facilities as well as numerous business and tax advantages.
Above all, Cyprus Permanent Residency can be secured within as little as 2 to 4 months.
We speak your language
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HOW CAN I GET IN THE CYPRUS RESIDENCY PROGRAM?
The Cyprus Government offers the Cyprus Residency Program to non-EU nationals who invest in Cyprus Real Estate. There are two ways to secure Cyprus Permanent Residency.
- Fast Track Residency (Under regulation 6(2))
- Normal Process (Under regulation F Category)
Fast Track Residency 6(2)
According to the provisions of Regulation 6(2) of the Aliens and Immigration Regulations, the Minister of the Interior has decided to issue Immigration Permits to applicants who are non-EU nationals. Upon qualification of all criteria, a GUARANTEED INDEFINITE Residency Permit is given within 2 -4 months. It applies to the investor, their spouse, and dependent children up to age 25. The permits are valid forever, and the process is extremely straightforward.
Criteria for Fast Track Residency:
- Purchase of new property in Cyprus worth a minimum of €300.000 + VAT.
- The applicant must prove that he has a secured minimum annual income of €30.000 derived from abroad, increased by €5.000 per dependent person.
Benefits of Fast Track Residency
USE THE RESIDENCY AS YOU NEED
You have the right to live freely in Cyprus or continue to live in your country of origin.
IT COVERS THE WHOLE FAMILY
Including dependants and parents of main applicant and spouse.
GRANTED WITHIN 2 – 4 MONTHS
Permit holder must enter the country every 2 years to retain residency. Permit is valid for life.
BECOME ELIGIBLE FOR CITIZENSHIP
Permanent Residents have the right to apply for a Cyprus passport after certain conditions are met.
Normal Process (Under regulation F category)
In this way, Cyprus Residency can be obtained by investing in residential real estate property of any value, and it is not required to meet the criteria of fast track nor provide a declaration of funds or income from abroad.
This process takes from 1 to 2 years. The Residency Permit is granted at the discretion of a Committee subject to the investor providing proof of sufficient living funds or income from abroad. The application is studied on a case-by-case basis and granted approval upon the discretion of the Immigration Authorities.
Part of our consultancy services involves the review of the client’s application to ascertain the chances of success and minimize the risk of investment losses.
Required documentation
* The applicant must submit a:
- Criminal Record Certificate (issued by the country of origin),
- Health Insurance Policy,
- Marriage Certificate, and children’s Birth Certificates.
- Curriculum Vitae (CV) and,
- Copy of a Passport (valid for at least 1 year) are also required.
* Other relevant information applies – please contact us for more information.
ADVANTAGES OF CYPRUS PERMANENT RESIDENCY
- The Permit is indefinite & cannot be canceled if you visit Cyprus once every 2 years
- Cyprus is a safe & stable EU country, a must-have insurance policy in a dangerous world.
- The Permit is valid for the holder’s spouse and dependent children under 25 or 18 depending on the program.
- Obtain easy access to European Union Countries (through the right to apply from Cyprus).
- Permit holders can be shareholders in a Cyprus business or set up a Cyprus Offshore company.
- Cyprus has excellent business and tax advantages.
- Cyprus has excellent education institutions that enable your children to have access to the best universities worldwide.
Above all, you have the right to apply for Cyprus citizenship after completing 5 or 7 years of residency!