Time-proven stability!
Permanent residency in Cyprus
through investment in real estate
Cyprus law has some advantageous differences from other EU countries
when it comes to immigration. Only in Cyprus is it possible
to receive permanent residence by buying real estate.
Foreigners who purchase property in Cyprus can receive the status of permanent
resident through an accelerated procedure that takes just 2 months.
Advantages of Cyprus permanent residency through real estate investment
Permanent residency
in an EU country
Permanent residency in Cyrus gives you the ability to live in Cyprus year-round, and after Cyprus joins the Schengen zone, you will be able to freely move around the entire Schengen space.
Permanent residency
for your whole family
Together with the main applicant, also members of his/her family will receive permanent residency: his/her spouse, children – including adult children under the age of 28 – and financially dependent parents.
There is no obligation
to stay in the country
or pay taxes
Holders of Cyprus permanent residency through real estate investment do not automatically become Cyprus tax residents and are under no obligation to stay in Cyprus.
An opportunity
to receive
EU citizenship
Gaining permanent residency in Cyprus through investment in real estate and then staying on the island allows you to receive Cyprus citizenship in the future.
An opportunity
to become a Cyprus
tax resident
By staying within Cyprus for only 60 days a year, a Cyprus resident can legally receive tax residency on the island and enjoy all the advantages of the country’s tax system.
Receiving permanent residency in this European Union
country takes only 2 months.
Conditions for receiving Cyprus permanent residency through buying property
YOUR PURCHASE OF
CYPRUS REAL ESTATE
300 000 €
MUST BE AT
LEAST
The piece of real estate must meet
the following criteria:
- The property was bought on the primary market from the developer;
- The investor’s own contributed funds amount to at least 200,000 euro;
- The purchase must be made using funds from a source outside of Cyprus.
PROOF OF AN
ANNUAL
30 000 €
INCOME OUTSIDE
CYPRUS
The applicant must show proof of an annual income outside Cyprus of at least 30,000 euro.
In the event that permanent residency is requested also for family members, this annual income must be even larger: 5000 euro more for a spouse and each child, and 8000 euro more for each financially dependent parent included in the application.
THE APPLICANT
MUST DEPOSIT
30 000 €
IN A CYPRUS BANK FOR
A PERIOD OF 3 YEARS
Your possibilities for buying property
One piece
of residential
real estate
Two pieces of
residential real estate
(apartments or house)
Residential property
plus a commercial
space up to 100 m2
Residential property
plus office space
up to 250 m2
- The value of two properties must equal at least 300,000 euro
- Both pieces of real estate must belong to the same developer
- The properties can be located in different parts of Cyprus
Who gets Cyprus permanent residency?
THE MAIN
APPLICANT
(who must be over
the age of 18)
THE APPLICANT’S
SPOUSE AND
UNDERAGE CHILDREN
CHILDREN AGED
18–25 YEARS
(provided that they full-time
students and financially
dependent on the
main applicant)
FINANCIALLY DEPENDENT
PARENTS OF THE
APPLICANT OR
HIS/HER SPOUSE
Note. When children reach the age of 25, they do not lose their permanent residency status
3 steps to permanent residency in Cyprus with DH Private
CHOOSE
A RELIABLE
INVESTMENT PROJECT
The experts at DH Private continually keep track of the Cyprus real estate market. We can confidently offer you the best investment options that have passed our independent evaluation.
GATHER ALL
THE NECESSARY
DOCUMENTS
DH Private lawyers will help you prepare all the documents you need and fill in the official forms, so the client’s file will be of the highest quality for submitting for residency. This step is a very important one, because the review of the client’s file, together with verifying its contents, has a direct impact on the expected result.
SUBMITTING
THE APPLICATION
FOR REVIEW
After the client’s file has been drawn up, our experts will track its submission to the Cyprus state authorities. These authorities will examine the client’s file, verify its contents, and make a decision on whether to offer permanent residency in Cyrus, after which the client will receive a Cyprus permanent resident’s card to confirm this.
To obtain permanent residency in Cyprus, an EU country
Get in touch with DH Private!
Transparent pricing
and no imposed
extra fees
Service and
support before
and after you
obtain residency
Help in getting
settled, tax and
financial consultation
Over 25 years
of experience in
the field of immigration
services and tax
planning
Your request is accepted!
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