The two methods by which a third country national may obtain a
permanent Cyprus Residency without the right to work are explained
below.
CYPRUS RESIDENCY PERMIT UNDER REGULATION 6(2)
CONDITIONS
- Purchase of residential and/or other property in Cyprus, with
funds transferred from abroad, with minimum market value of
€300.000 (excluding VAT);
- Deposit/Pay to the Seller at least €200.000 (excluding
VAT) transferred from abroad as part payment of the property
acquired. The remaining amount of the purchase price must be
sellted in a Cyprus Bank Account;
- Deposit to a Cyprus Bank Account the amount of €30.000 as
a fixed deposit for a 3year term;
- The applicant must possess together with the spouse an annual
income of a minimum €30.000 as well as €5.000 for each
dependent under 18 years of age OR for any dependent 18-25 years of
age and unmarried provided that he/she is a university/ college
student. Such income should be derived only from
