Cyprus offers to non-EU citizens one of the most attractive
schemes to obtain permanent residence (PR) through investment. The
program has attracted to Cyprus thousands of investors during the
last few years. Many of the applicants come from China, Russia,
Ukraine and the Middle East. The program is simple, straightforward
and applications are processed in a time efficient manner. The main
requirement to obtain the PR is to invest on real estate in Cyprus
a minimum of 300.000 Euros. Below is a list of frequently asked
questions and their answers. The questions relate to the program,
its requirements and benefits.
1. Why do investors want to obtain permanent residence in
Cyprus?
Cyprus is a member of the European Union and strategically
located between Europe, Asia and Africa. The living standard is
high, crime rate is low and the island enjoys around 300 days of
sunshine each year. A permanent residence holder can obtain easily
visa to visit other EU countries.
