PERMANENT RESIDENCY IN CYPRUS
FAST-TRACK RESIDENCY
- Investment in in a brand-new residential property with a minimum value of €300,000 (+VAT)
- Applicants must demonstrate a secure annual income of at least €50,000 from abroad. This amount increases by €15,000 for a spouse and €10,000 for each dependent child included in the application.
- Provide proof of a clean criminal record and a valid passport
- Visit Cyprus at least once every two years to maintain residency status
SLOW-TRACK RESIDENCY
- No minimum investment amount is mandated. Applicants can purchase new or resale properties.
- Applicants must demonstrate a secure annual income from abroad of at least €9,568 for the main applicant, plus €4,613for each dependent
- A deposit of approximately €15,000–€20,000 in a Cypriot bank account is typically required.
- Provide proof of a clean criminal record and a valid passport
- Visit Cyprus at least once every two years to maintain residency status
RESIDENCY BENEFITS
- It is granted to the applicant, the spouse and dependent children
- Lifetime Residency
- No Physical Residency Requirement