Cyprus Permanent Recidency
Make Cyprus your new home
Cyprus has always been considered as an ideal destination for Permanent Residence by Non-EU Nationals. An Immigration Permit under Regulation 6(2) gives Non-EU nationals the right to permanently reside in Cyprus. The permit is valid for the entire family including dependent children over 18 years of age, subject to certain conditions being fulfilled. Furthermore, the process is extremely straightforward and can even be arranged through your representative, without your physical presence in Cyprus.
Investment Options
Tailored to your needs
Investment in a house/apartment:
Purchase of a house or apartment by a Land Development company, which should relate to a first sale of at least €300,000 (plus VAT).
Investment in real estate (excluding houses/apartments):
Purchase of other types of real estate, such as offices, shops, hotels or similar developments, or a combination thereof with a total value of €300,000. Resales are acceptable.
Investment in the share capital of a Cyprus Company with activities and staff in Cyprus:
An investment worth €300,000 in the share capital of a company registered in the Republic of Cyprus, which is based and operates in the Republic of Cyprus and has a proven physical presence in Cyprus and employs at least five (5) people.
Investment in units of a Cyprus Collective Investment Organization (type AIF, AIFLNP, RAIF):
An investment worth €300,000 in units of a Cyprus Collective Investment Organization.
Investment Options
Advantages Of A Cyprus Prp Holder
- Fast access to Europe
- 2 months procedure
- 1-year Schengen visa in any European Embassy in Nicosia
Traveling Benefits
- A person who has Permanent Residence Permit can travel to Cyprus without visa
- The visa to the Schengen zone’s countries can be easily obtained by Cyprus
- 1-year Schengen visa in the any EU Embassy in Nicosia
Personal Benefits
- A permanent Residence Permit is not renewable, it is permanent. It is for life.
- Possibility to enjoy education of British Universities based in Cyprus
- The best medical facilities and high-quality healthcare
- No inheritance tax
- Rental income
- High quality of life
Business Benefits
- With its strategic location, great accessibility, excellent infrastructure combined with the numerous Government incentives, Cyprus is an ideal financial and business hub
- Besides the low corporate tax rates, the numerous double tax treaties that Cyprus has concluded with other countries, offer tremendous possibilities for international tax planning through Cyprus in view of the fact that any tax paid in a country with which Cyprus has a treaty is deducted from the Cyprus tax payable on the same in-come and Cyprus does not impose any withholding tax and dividends, interest and royalties paid by business companies
General Benefits Of Cyprus
- Geographical location (at the crossroads of three continents-Europe, Asia and Africa)
- A stable economy in a western-type democracy
- Legal system based on English Law
- Excellent telecommunications and air connections
- Excellent banking facilities with worldwide networks
- High level of professional services
- Readily available and highly trained local staff
- Relatively low cost of living
- Low crime level
- Excellent education system up to university level
- Excellent climate
- Stunning coastlines and water sport facilities
- Reputable lifestyle
- Fascinating history
- Food variety
Overview
- Simple criteria, compared to other destinations
- Process can be conducted from abroad
- 100% approval rate if all criteria are fulfilled
- Quick approval within 3 to 8 weeks maximum
- Lifetime residency for the whole family
- No language proficiency, academic qualifications or physical examination required
- Requirement for a short visit once every two years
- Schengen visa can be arranged in Cyprus within 7 days and is valid for 2 years
- Freehold property ensures permanent property rights and the opportunity to generate rental income
The Benefits Of Cyprus Permanent Residency
- One of the lowest personal and corporate tax rates in the EU
- Residency granted to the investor, spouse, dependents up to age 25, as well as parents and parents-in-law
- PR holders may reside freely in Cyprus and travel in and out of Cyprus without any restrictions
- Cyprus PR holders are exempt from time-consuming immigration procedures
- Living in a European Country with flexible access to the whole of the EU
- Cyprus PR holders can apply and obtain Cyprus Citizenship
- Strategic location of Cyprus allows easy access to Europe, Middle East, and Africa
- High quality of National Health systems
- High quality of international schools and universities
- Mediterranean climate with an average of 320 days of sunshine
- Abundance of national forests, parks, and green areas
- Fantastic beaches and swimming with 60 internationally accredited Blue Flag beaches
Continue exploring
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