This is whereby you are granted the right to permanently reside in Cyprus without requiring a citizenship. This is available by investing a minimum of €300,000 plus VAT in your new home.

Benefits of Cyprus Residency

  • Residency is generally granted to applicants within three to four months.
  • The entire family qualifies for immigration, including the applicant's spouse, children up to the age of 18 (dependent children up to 25 years), and applicant’s parents.
  • Access to all benefits of the Cyprus Lifestyle.
  • Access to healthcare in Cyprus and Europe-wide education is offered to the residents.
  • No language tests are required for the applicants.
  • Cyprus residency offers flexible entry and exit options with no obligation to reside in Cyprus. A short visit to Cyprus once in a 2-year period will be sufficient.
  • Applicants are eligible to apply for the Cyprus Investment Programme after seven years of legal residence.

Requirements for a Permanent Residency Visa

  • ​The Applicant must demonstrate a minimum annual income of €30,000 and additional income of €5,000 for spouse and each child. An additional €8,000 for each parent, which can be pension income or from investments.
  • Applicants must deposit €30,000 in a Cypriot Bank, which is held as a bond for 3 years.
  • The applicant and spouse must confirm that they do not intend to be employed in Cyprus in any direct or indirect manner.

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Did you

  • 01.

    Cyprus enjoys over 320 days
    of sunshine and clean air

  • 02.

    Voted 5th safest country in the world by WHO
    (there are no WHO links that confirm this directly but it has been reported by multiple other publications)

  • 03.

    Over 82% of the population
    speak English.

  • 04.

    Cyprus is a true international maritime cluster,
    ranking 3rd in merchant fleet tonnage in the EU and 11th worldwide

  • 05.

    Cyprus was voted a lifestyle destination,
    ranked 5th best for relocation, by Knight Frank as of 2017

  • 06.

    It boasts 28 English Schools and 20 universities
    including ones that grant you a UK Degree

  • 07.

    65 beaches in Cyprus have been awarded
    the blue flag eco-label.

  • 08.

    Fig Tree Bay was voted 3rd best beach worldwide 2019

  • 09.

    A whole town in Cyprus - Paphos, is a UNESCO World Heritage Site.

  • 10.

    In Cyprus you drive on the left side of the road, like the UK and India