Nestled in the warm Mediterranean waters between Europe, the Middle East, and Africa, the Republic of Cyprus beckons to investors looking for a quick turnaround on their permanent residency or citizenship and passport application. The third largest and third most populous island in its home sea, Cyprus claims to be the legendary birthplace of the classical goddess of love and beauty, Aphrodite. Indeed, the Cypriot landscape has witnessed centuries of civilizations that have succeeded each other. Now, tourists flock to visit the remarkable Roman villas, Byzantine churches, Crusader fortresses, Ottoman mosques, and prehistoric sites that dot the countryside.
✓ No minimum stay or language requirement
✓ No nationality restriction
✓ Right to live & settle in Cyprus and the EU
✓ Valid for life, no renewal is required
✓ Visa-free travel within the EU area
✓ Right to apply for EU citizenship after 7 years
✓ Inclusion of parents of both the main applicant and spouse and dependent children up to the age of 25
✓ Possibility to be upgraded to long term residency & own a business in Cyprus
Permanent Residency in Cyprus may be obtained through a secure €300,000 (excluding VAT), or more, investment in a new residential property (or two properties).
A married couple can invest in two different properties, one being residential, from the same developer, provided that the combined value exceeds €300,000 and that the properties pertain to certain conditions.
The applicant can later rent out the property for a source of income.
NOTE: Additional charges apply and all fees are subject to change at any time without notice.
The Cyprus permanent residency program allows for dependent family members to be included in the application and receive the permit. Below are conditions to include different dependents. Details on how adding dependents affects the annual income per applicant are to be communicated by Migrate World.
• Permits may be granted to unmarried dependents aged 18-25, provided that they are financially dependent on the applicant and that it is proved that they are in a full-time academic institution outside of Cyprus with a remaining studying period of 6 months from the submission of the application
• If the adult children are in higher education in Cyprus they will be eligible to be included in the applicant’s permit once they’ve completed their studies, irrespective of their age
• Permits can also be obtained for non-dependent children over 18 years old under specific regulations that are to be communicated by Migrate World
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The information in these pages covers all the basics of our investment program in Cyprus. You will find details about the country itself, as well as an overview of the various programs we offer. We are always ready to talk more about the fine points of the application process, so we can get you on your way to your boundless life.