Permanent Residency in Cyprus

Fast-Track Residency in Cyprus

1. Real Estate Investment: Minimum value of €300,000 (+VAT)
2. Eligibility: Granted to the applicant, their spouse, both sets of parents, and dependent children up to 25 years old
3. Processing Time: Completed within 3 months
4. Investment Criteria: Must be in a new property

Residency Requirements & Benefits

1. Eligibility: Applicable to non-EU citizens
2. Duration: Lifetime residency
3. Residency Obligation: No need to reside in Cyprus, but a visit is required once every two years
4. Income Criteria: Minimum annual income of €30,000, plus €5,000 for each dependent

Slow-Track Residency in Cyprus

1. Real Estate Investment: Less than €300,000 (+VAT)
2. Eligibility: Granted to the applicant, their spouse, and dependent children
3. Processing Time: 12 to 18 months
4. Investment Options: Can be in either new or resale properties