Here are some basic facts about the Permanent Residency Programmes in Cyprus which all fall under the Category F requirement, meaning that that you are not allowed to work in Cyprus.
Cyprus Permanent Residence Programme (Category 5) – Your Gateway to Cyprus
- Allows Non-European Union passport holders to live in Cyprus.
- Allows you to buy a property or rent a property in Cyprus
- Issued within 12- 18 months.
- Suitable for anyone who wishes to permanently reside in Cyprus and has a secured annual income from abroad of at least €9568,17 per annum and €4613,22 for every dependent person.
- The non-residency requirement is other than to visit Cyprus once every two years.
- The entire family is eligible including spouse, children, as well as parents of the main applicant.
- The requirement to purchase a residential property in Cyprus and make a deposit of €30,000 in a Cyprus bank.
Cyprus Permanent Residence Programme (Category 6) – Your Gateway to Cyprus
- Fast-track residency in Cyprus for the entire family through property investment from a developer from €300,000 and a deposit of at least €30.000 into a bank account in Cyprus which shall be pledged for a period of three years.
- Processing of application with an approved permit (s), within 2 -3 months.
- Main applicant, spouse, dependent children up to 25 years, parents and parents in law
- Available for individuals with an annual income of at least €30.000 increased by €5.000 for each dependent person of his/her family (spouse and children) and by €8.000 for every dependent parent or parent-in-law.
Our team of qualified Legal professionals can smoothly guide you or your clients through the procedure of preparing the Legal documentation for the Local Authorities in Cyprus and controlling investors funds through our lawyer’s client accounts, ensuring that the investor’s funds are safe under and engagement letter process. The Legal Team also provides the Legal Conveyancing sector, meaning that when an investor purchases a property in Cyprus, they shall ensure that the purchase is safe up until completion.
We can personally assist you in finding the properties that suit your needs. We are a one-stop-shop and can support the entire package solution safely and securely.
You can find more information by downloading the pdfs: