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Cyprus

Residency-by-Investment

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Obtain a Cypriot Permanent Residency

Cyprus, officially known as the Republic of Cyprus, is a Mediterranean island country located in the crossroads of Africa, Europe and Asia. 

Cyprus enjoys a sunny Mediterranean climate with many areas of unspoilt natural beauty, from breath-taking mountains and glittering seas, to rugged headlands and pristine beaches. 

 

Cyprus

About
Cyprus

Cyprus is highly regarded around the world and is a member of the EU, British Commonwealth, Council of Europe, Organisation Internationale de la Francophonie, Organization for Security and Co-operation in Europe, United Nations and World Trade Organization.

The country’s main languages are Greek, Turkish and English.

Capital

Capital

Nicosia
Population

Population

1,210,724
Total Area

Total Area

9,251 km²
Currency

Currency

Euro (€)

Why obtain Cypriot permanent residency?

Fast Access to Europe

As a Cypriot PR holder, you can freely travel around the European Union countries without any restrictions, as the EU has a policy to welcome Cypriot residents without any obligations. You will also benefit from ease of obtaining a Schengen visa, usually issued within one week.

Eligibility for citizenship

A Cyprus Permanent Resident has the right to apply for a Cypriot citizenship if they were physically present / resided in the country for a certain number of years.

Attractive tax rates

Cyprus is known to have one of the most attractive tax rates in Europe. Cypriot PR holders benefit from 0% tax on worldwide immovable property tax, as well as 0% tax on inheritance, wealth, gifts and more. Non-domicile residents can be eligible for tax exemptions on their Cyprus and non-Cyprus income. 

Family security and future stability

Secure a safe life for your family in one of the safest, most economically and politically stable countries in Europe. A Cyprus Permanent Residence permit can cover the entire family, including dependent children and parents of the main applicant and his/her spouse. 

Eligibility
Criteria

To qualify for the Cypriot residency-by-investment programme, an applicant must meet the following criteria:

  • Be a non-EU citizen. 

  • Fulfil the investment required by the programme. 

  • Main applicant and spouse have to show proof of annual income of EUR 30,000, as well as EUR 5,000 for each dependent child and EUR 8,000 for each dependent parent. 

  • Submit all the required documentation. 

  • Have a clean personal and professional background. 

  • Dependent children must be under 25 years of age.

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