Program Brochure
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About Cyprus
The Republic of Cyprus, which is part of the European Union (EU) since 2004, is an island country located in the Eastern Mediterranean. Key factors that make Cyprus an attractive destination for investment is the highly specialized human capital, the reliable legislative and regulatory framework, the stable tax system and the safety and stability conditions prevailing in the country.
About Program
Based on Regulation 6(2) of the Aliens and Immigration Regulations, third country nationals and their qualified dependents can acquire Cyprus Permanent Residency, by investing in the country, provided the relevant conditions are satisfied.
Benfits
Right to apply for EU Cyprus Citizenship after 7 years
Visa-free travel to European Union
2 months processing period
Applicants can include a spouse, children under 18, and children between (18-25) with requirements, as well as add dependents after they have been granted residency.
Who is eligible ?
Be 18+ years old
Clean criminal record
In possession of health insurance
Entire family is eligible:
Main Applicant's spouse, Minor children, children 18 - 25 y/o under certain condition
Financial Requirements
| Cyprus Permanent Residency by Investment Programme “* | ||||
|---|---|---|---|---|
| €300,000 | Investment in a house/apartment | |||
| Investment in real estate excluding houses or apartments (such as offices, shops, hotels or related estate developments) | ||||
| Investment in Cyprus Company’s share capital, with business activities and personnel in the Republic | ||||
| Investment in units of Cyprus Investment Organiza- tion of Collective Investments (forms of AIF, AIFLNP, RAIF) | ||||
“Other Government and Legal Fees are applicable. Personalized offers are provided upon receipt of detailed family structure.
“The Main Applicant must prove secured income of at least €50,000. The annual income is increased by €15,000 for the Spouse and €10,000 for each minor child of the applicant and/or the Spouse.The secured annual income of the Main Applicant can be proved through his tax return from the country in which he is declared as tax resident, or through official certificates issued by an independent chartered accountant.”