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Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 21 February 2019 How will property values change in 2019

    The Cyprus property portal Zyprus, which enables business to advertise their... read more

  • 1 February 2019 First the Schengen Visa and then the passport

    Cyprus will have a hotline with other European countries for investors who... read more

  • 24 January 2019 New Area Plan announced for the area of Petroleum and LPG storage facilities in the Larnaca and Livadia area

    On 21/12/2018 the Strategic Environmental Impact Study (SEPA) of the Area... read more

  • 21 January 2019 The real estate market is flying in Cyprus

    Property sales were doubled last year compared to 2013, when Cyprus plunged... read more

  • 21 January 2019 Deputy Minister of Tourism The marina of Agia Napa will upgrade the area

    The estimate that the Ayia Napa marina will upgrade the free area of... read more

Cypriot Investment Scheme
Repossession Property Yield Properties

Latest news

  • 21 February 2019 How will property values change in 2019

    The Cyprus property portal Zyprus, which enables business to advertise their... read more

  • 1 February 2019 First the Schengen Visa and then the passport

    Cyprus will have a hotline with other European countries for investors who... read more

  • 24 January 2019 New Area Plan announced for the area of Petroleum and LPG storage facilities in the Larnaca and Livadia area

    On 21/12/2018 the Strategic Environmental Impact Study (SEPA) of the Area... read more

  • 21 January 2019 The real estate market is flying in Cyprus

    Property sales were doubled last year compared to 2013, when Cyprus plunged... read more

  • 21 January 2019 Deputy Minister of Tourism The marina of Agia Napa will upgrade the area

    The estimate that the Ayia Napa marina will upgrade the free area of... 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.