Property Search

0 BEDS

Close

  • Policy
  • Investment
  • Criteria
  • Conditions

Permanent Residency

  • Participants need to invest a minimum of €300.000 (plus VAT) in a property.
  • Permanent Residency is granted for life.
  • Application is initiated following the investment of the first €200.000 (plus VAT)
  • Permanent residency applies to all the family including children under the age of 18, as well as children up to the age of 25 if unmarried and are financially dependent.
  • Permanent Residency is granted to 3 generations – granted to the applicant, the applicants children and to the parents of the main applicant, as well as to the parents of the applicant’s spouse
  • Once you have received your permanent residency you must visit Cyprus once within the first year of purchase and then every two years.
  • The residence permits are issued to third country nationals in a uniform format as an ID card.

Advantages

  • The only Permanent Residency Programme that is valid for life
  • Easy access to Europe
  • No language requirements
  • No living requirements
  • No medical requirements
  • Investment in a Freehold Property
  • The Permanent Residency will be granted within 2 months from the day of submission.
  • No inheritance tax
  • 5% VAT on the first property purchase
  • Enables you to own a business in Cyprus