Larnaca: +357 24 64 24 64
Limassol: +357 77 77 01 03

info@pluspropertiescyprus.com

PERMANENT RESIDENCY

PERMANENT RESIDENCY IN CYPRUS

FAST-TRACK RESIDENCY

  • Investment in Real Estate with a minimum value of €300,000 (+VAT)
  • It is granted to the applicant, the spouse, both their parents and dependent children up to the age of 25
  • The procedure takes 3 months
  • Investment should be in a new property

SLOW-TRACK RESIDENCY

  • Investment in Real Estate for a value less than €300,000 (+VAT)
  • It is granted to the applicant, the spouse, and dependent children
  • The procedure takes 12-18 months
  • Investment can be in a new or old property

RESIDENCY REQUIREMENTS & BENEFITS

  • Concerns non-EU citizens
  • Lifetime Residency
  • It is not necessary to reside in Cyprus but to visit Cyprus once every two years
  • A bank deposit of €30,000 in a Cypriot bank is required & blocked for 3 years
  • Proof of income required to be at least €30,000 per year with an additional €5,000 for every dependent

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