Cyprus

Residency by Investment

About Cyprus

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.
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Processing Time

2 months

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Donation or Investment From

€ 300,000 EUR

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Visa-Free Travel Within

EU

Benefits

  • Processing time around 2 months
  • 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

Key Facts

Capital
Nicosia
Languages
Greek | Turkish | English widely spoken
Currency
Euro (EUR)
Population
1,200,000 (2013 Estimate)

Investment Options

The Cyprus permanent residency program is available to investors who are willing to invest in real estate in Cyprus. As opposed to other EU residency programs, Cyprus is currently able to provide permanent, and not temporary, resident permits to investors. Nonetheless, permanent residency holders must visit Cyprus once every two years to maintain their status.

€300,000

Real Estate Investment
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.

We offer you citizenship by investment programs, company formation services, and an array of options that allow you to secure citizenship and obtain additional passports without residency obligations.

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