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The Cyprus Permanent Residency by Investment Program offers individuals and families the opportunity to obtain permanent residency in Cyprus by making a qualifying investment in the country. To qualify for permanent residency, investors can choose to invest a minimum of €300,000 in real estate in Cyprus. Additionally, applicants must demonstrate a net worth or assets worth €2 million in the name of the applicant or show a minimum income of €30,000.
English proficiency, education qualifications, and the source of funds are not required for this program. The residency permit extends to three generations, including the applicant, spouse, children, and parents. This program provides a pathway for investors to secure permanent residency in Cyprus and enjoy the benefits of living and working in the country.
The Cyprus Residency by Investment program enables successful applicants and their families to acquire a Cyprus immigration permit with an unlimited duration of two months. As a permit holder, investors have the opportunity to apply for Cyprus citizenship after residing in the country for five years.
Cyprus permanent residency offers tax advantages, stable real estate investment income, eligibility for citizenship, business ownership opportunities, relocation flexibility, high living standards, healthcare and education access, fast processing, family inclusion, and potential investment returns.