CYPRUS
Residency by Investment
Cyprus Residency by Investment is a desirable place to live due to its strategic location and stable climate. With a residency granted through investment, its business policies, transparent regulatory structure, and continuous economic growth, it provides a secure environment for foreign investors to prosper.
Cyprus Residency by Investment
Cyprus Residency by Investment Program has positioned the nation as a leading relocation destination. It offers non-EU nationals the right to reside in Cyprus permanently without renewal requirements. Cyprus Residency by Investment program simplifies EU travel and provides a potential pathway to citizenship. Cyprus combines a Mediterranean lifestyle with European political stability and high standards of living, making it appealing for investors and long-term residents.
- Population: Over 1.2 million inhabitants
- Languages: Greek, Turkish, English
- Economy: Diverse economy with key sectors including tourism, shipping, finance, and technology
- Currency: Euro (EUR)
- Visa-Free Travel: 173 countries.
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Advantage
- Direct Access to Permanent Residence in Cyprus: Immediate
access to permanent residency status in Cyprus. - Inclusive Dependents:
- Spouse
- Children under 25 years old
- EU Member: Access to the privileges and benefits of being a member of the European Union.
- Right to Live and Study in Cyprus
- Multiple-Entry Schengen Visa: Cyprus Residency by Investment may be granted a Multiple-Entry Schengen visa valid for up to 5 years.
- Pathway to Cyprus Citizenship: Opportunity to apply for Cyprus (EU) citizenship after an aggregate total of 5 years of continuous residence in Cyprus within an 8-year period.
- No Language Requirements
- No Education or Management Experience Required
Requirements
- Real Estate Investment: Invest at least EUR 300,000 in real estate properties located in Cyprus.
- Secured Annual Income: Provide evidence of a secured annual income of at least EUR 50,000 sourced from outside Cyprus.
Additional EUR 15,000 required for each dependent spouse and
EUR 10,000 for each minor child. - Clear Criminal Record and Good Health: Applicants must have a
clear criminal record and good health. - Regular Visits to Cyprus: Visit Cyprus every 2 years; no minimum
residency requirements.
Investment
- Purchase Residential Properties: Purchase up to two new immovable residential properties of a total value of at least EUR 300,000 plus VAT.
- Purchase Non-Residential Properties: Purchase up to two new or used immovable non-residential properties (offices, shops, hotels, or other developments) of a total market value of at least EUR 300,000 plus VAT.
- Invest in a Cyprus Company: Invest EUR 300,000 in the share capital of a physical company registered and operating in Cyprus, which employs at least five people.
- Invest in Cyprus Collective Investment Organization: Investment of EUR 300,000 in units of a Cyprus Collective Investment Organization (type AIF, AIFLNP, RAIF).
Process
- Biometric Submission: Applicant must travel to Cyprus to provide
biometrics. - Application Submission: Submit the completed application forms and
required documents. - Grant of Permanent Residence: The Civil Registry and Migration
Department of Cyprus will grant successful applicants with the Cypriot
Permanent Residence status. - Processing Time: Processing time is approximately 4 months.