Since 1970
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Newsletter

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 15 July 2019 Larnaca new high rise tower projects

    In Larnaca, some 20 – 30 high-rise residential developments and hotels... read more

  • 27 June 2019 Home Saves homes but also sells them away

    On September 2, applications for the Home project will begin. Yesterday the... read more

  • 18 June 2019 Citizenship by Investment Property Fair in Beirut Lebanon

    On 13 and 14 June 2019 we took part, together with our legal team, in the... read more

  • 13 May 2019 Petrolina will move storage units by years end

    read more

  • 6 May 2019 Energy saving measures grant scheme

    There are opportunities for those living in Cyprus to the reduce their energy... read more

Permanent Residence Permit

Permanent residency in Cyprus

The Cyprus residence permit under the Cyprus law of immigration regulations combines a fast process and simple criteria with no nationality restrictions.

When the permanent residence permit is issued it is valid forever with no renewal needed.

The permanent residence permit applies to:

  • The applicant
  • The spouse
  • Unmarried dependent children of the applicant up to the age of 25 years old
  • The applicant’s parents and parents in law
  • Permanent residence holder can apply for Cyprus EU passport after 7 years

Requirements to obtain the Cyprus’ permanent residence:

  1. Purchase of new property with a minimum value of 300000 euro (excluding VAT)
  2. Fixed deposit of 30000 euro in a Cyprus bank account for 3 years
  3. Annual income from abroad of 30000 euro plus 5000 euro per dependent person, plus 8000 euro per parent and parent in law
  4. Declaration that the applicant and the dependents will not work in a Cypriot company unless they have their own company.
  5. Clear criminal record certificate for the applicant and the dependents over 16 years old

The time needed to examine the application is around 2 months.