Cyprus Permanent Residency Program offers a unique opportunity for property buyers to establish a Mediterranean home away from home.
This program allows you and your family to live freely in Cyprus and engage in business activities. As a permit holder, you have the right to own a business in Cyprus or establish a Cyprus company, benefiting from the country’s excellent business and tax advantages.
Invest in Paphos real estate today and enjoy high rental yields, affordable luxury properties, and the charm of Mediterranean living.
To qualify for the Cyprus Permanent Residency Program through the Fast Track Route, applicants must demonstrate a minimum secured annual income of €30,000 from sources outside Cyprus, such as overseas employment, pensions, dividends, or other foreign income. Employment within Cyprus is not permitted. The minimum income requirement increases by €5,000 for each dependent.
Applicants must also provide a title deed or property sales contract submitted to the Lands Registry for a property in Cyprus with a minimum market value of €300,000 excluding VAT. In addition, proof of payment of at least €200,000 excluding VAT towards the property purchase is required.
By meeting these requirements, applicants can secure permanent residency in Cyprus through the Fast Track Route and enjoy the country’s lifestyle benefits, business opportunities, and attractive tax environment.
The Civil Registry and Migration Department of Cyprus offers a Fast Track Route for granting immigration permits, helping make the process quick and efficient.
To qualify, the property purchased must be sold for the first time. Applicants must also provide a confirmation letter from a Cyprus banking institution showing a minimum deposit of €30,000, which must be held for at least three years.
Under this route, the immigration permit is typically granted within two months.
Speak with our team to explore Cyprus residency by investment opportunities and find the right property for your future.