As a non-EU National, permanent residency in Cyprus provides unique advantages.
Through investment or the purchase of property, residency could provide better proximity to the EU for business or personal
Benefits of Cyprus
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Benefits of residency in Cyprus
- A residence permit is issued after two months for three genrations of your family.
- The residency permit, enables clients to acquire a second home in Cyprus for life with no requirements for renewal.
- It is a favourable scheme as there are no residency requirements, other than the mandate of one visit to Cyprus every two years.
- Actual residency in Cyprus for 7 years over a 10 year period will result in the permit holder behing eligible for citizenship by naturalisation.
- No additional tax liabilities for your world wide income.
Eligibility Criteria
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Main applicant in good standing |
Secured annual income of €30,000 |
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A 3 year fixed deposit of €30,000 |
Residential property of €300,000 as a ‘first time’ sale |
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Visit Cyprus once every 2 years |
Residence Card |
Timeline for Application
