Cyprus Permanent
Residency
Investment Criteria
– The Purchase Price must be at least 300,000 Euro (not including VAT) sold for the first time.
– At least 200,000 Euro (not including VAT) should be paid to the Vendor.
– Proofs of transfer of 200,000 Euro (not including VAT) from abroad must be provided.
– The applicant should also have a deposit of €30.000 pledged in a bank account in Cyprus for 3 years.
– The applicant should prove that has at disposal a secure annual income of at least €30.000.
Application Criteria
In addition to make a financial investment applicants must also meet the following criteria/supply the following documents:
Certified & Licensed Real Estate
Certified & Licensed Real Estate
Over 20 years of experience
Over 20 years of experience
More than 200 millions worth sold
More than 200 millions worth sold
Best Realty Services in Cyprus
Certified & Licensed Real Estate
Over 20 years of experience
More than 200 millions worth sold
Best Realty Services in Cyprus
Applicant must gather all necessary papers required for application. The documents must be officially translated into Greek or English and certified with apostille (if in a country which has signed the Hague Convention of 1961) or stamped by the Ministry of Foreign Affairs and relevant Cyprus Embassy.
Selected property/ies (through visit to Cyprus or via correspondence). Sign purchase agreement and transfer funds to a secure account. Receipt issued by developer, which is required for application.
Payment of submission fee €500 for the applicant.
Application lodged, together with the property purchase agreement and all required documents, at the Civil Registry and Migration Department (CRMD).
Fast Track Residence Permit form CRMD within a 3 month period.
Applicants must visit Cyprus after receiving approval to provide authorities with their Biometric Data and to collect their Residence Permit Cards.
The Immigration Permit issued to an applicant covers his/her spouse and children under the age of 18.
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