About the Program

Permanent Residency status in Cyprus can be obtained through the Permanent Residency Programme.

Cyprus has recently expanded the types of qualifying investments for non-EU nationals to obtain PR status under the ‘fast-track’ route from residential real estate to include commercial real estate.

Residential and commercial real estate are both types of investments which qualify for permanent residency

Criteria Overview 

- Purchase a property at a minimum value of €300.000 +VAT

- An income certificate is required

- A clear criminal record is required

- A Certificate of Health Insurance is required

- Proof that funds came to Cyprus from abroad

- Parents of main applicant and his or her spouse are also eligible to apply

Cyprus Permanent Residency can be obtained with a purchase of a property at a minimum value of €300.000 + VAT

Time Frame 

Once all the documents are ready, the application will be submitted to the Civil Registry and Migration Department.

Applications are typically approved within 2-3 months. Once approval has been granted, the applicant and family members must visit Cyprus within one year to receive the permit.

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