Cyprus Residency


Residency-by-Investment – Fast-Track Procedure

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Why Immigrate to Cyprus

Situated in the eastern Mediterranean Sea at the crossroad of Europe, Africa, and Asia, the Republic of Cyprus is considered one of the largest international business and shipping centres for Europe, Russia, and the Middle East.

Its entry into the European Union in 2004 makes Cyprus a safe environment for residence and investments. With its almost year-round sunshine, well-developed socioeconomic infrastructure, stress-free lifestyle, and very low crime rate, Cyprus is the perfect place to enjoy life to the fullest.

The country’s immigration laws provide investors with an inimitable opportunity to invest in the Cyprus economy and gain Permanent Residence permits, and with the recent discovery of significant reserves of natural gas off the coast of Cyprus, the opportunities are many.

Benefits of Obtaining a Permanent Residence Permit in Cyprus through the Residency-by-Investment Program

The Permanent Residence Permit for non-EU citizens offers the following advantages:

  • Right to permanently reside in Cyprus
  • Easy access within the EU
  • Family members can be included in the application (spouse, dependent children and parents)
  • Simplified fast-track procedure (2-3 months)
  • No requirement to reside in Cyprus; however, applicants must visit the country at least once every two years to maintain the permit
  • Granted for an indefinite duration
  • The ability to apply for citizenship by naturalisation after seven (7) years of permanent residency in the country

Note: The Residence Permit does not affect tax liabilities in Cyprus.

Main Requirements

Non-EU citizens who want to live permanently in Cyprus must apply for, and be granted, a permanent visa. The Ministry of Interior of the Republic of Cyprus will issue an Immigration Permit to third country applicants who intend to invest in the country.

A Permanent Residence Permit (Immigration Permit) will be granted to non-EU nationals, their spouse, dependent children under 25 as well as any dependent parents of both spouses; this allows permit holders to reside in and travel to Cyprus without having to undergo any immigration entry procedures.

To apply for a Cyprus Permanent Residence Permit, you must meet the following requirements:

Find your ideal immigration solution with the help of our team of experts and get personalized advice based on your specific needs.

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Regular Procedure of Obtaining a Permanent Residence Permit in Cyprus

If the Fast-Track option of obtaining a Permanent Residence Permit in Cyprus is not applicable to your case, then you may choose to apply for a residence permit through the regular procedure. The application processing time for the regular procedure is one year, and the applicant should be a temporary resident of the country during that time.

Eligible applicants must have purchased property in Cyprus which is valued at under €300,000 or which is not new, or must have purchased new properties with other family members which is valued at over €300,000 but below €600,000.

Learn more about how to obtain a Temporary Residence Permit , Retirement Visa or  Work Permit in Cyprus.

How We Can Help

We will guide you through every step of the way to obtaining a Permanent Residence Permit in Cyprus:

  • Consultation on the application requirements
  • In-depth examination of the circumstances of the case
  • Execution of all preliminary checks with the responsible authorities
  • Assistance with document preparation and drafting
  • Review of application prior to its submission to the relevant authorities
  • Submission of the application to the relevant authorities
  • Monitoring and follow-up on the status of the application

For more information on any of our services, please feel free to contact us.