Cyprus Permanent Residency

CAPITAL CITY: Nicosia LANGUAGES:Greek, Turkish, English VISA FREE COUNTRIES:159 CURRENCY: Euro € TOTAL AREA:9,251 km² POPULATION:1,205,575 NEAREST COUNTRY:Lebanon, 264 km TIME ZONE:Eastern European Time Zone(UTC+02:00)

• Fast process - 2 months;
• Safe and secure country with lowest crime levels in the EU;
• Favourable tax rates - low rates and international double taxation agreements;
• EU wide travel with less elaborate visa requirements
• High quality healthcare and education;
• Valid for life.

In pursuance of the provisions of Regulation 6 (2) of the Aliens and Immigration Regulations, Cyprus grants Non-EU nationals the right to permanently reside in Cyprus with no renewal requirements. The process is based on a set eligibility criteria ensuring that the Permanent Residency status is only granted to reputable individuals.

• Eligible dependents include the spouse, parents of main applicant and spouse’s parents, as well as  children up to the age of 24 years;
• Main applicant is in good standing;
• Secured annual income of €30,000 for the main applicant, increased by €5,000 for every dependent person (spouse and children) and by €8.000 for every dependent parent or parent-in-law
• Purchase of a residential or commercial property(ies) of a combined value of €300,000 exc VAT
• The applicant also has the option to invest €300,000 in units of of a Cyprus Collective Investment Organisation or in the share capital of a company registered and operating in Cyprus employing at least five (5) employees
• Visit once within the 1st year to register biometrics and then every 2 years thereafter.