ARTICLE · 14 OCTOBER 2020

Permanent Residency Permit In Cyprus

Y. Argyrides & Associates LLC

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Non-European citizens are allowed to apply for Residence Permit in Cyprus on the basis of the Categories referred to in Regulations 5 and 6(2) of the Aliens and Immigration Regulations.

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Yiannis Argyrides

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Non-European citizens are allowed to apply for Residence Permit in Cyprus on the basis of the Categories referred to in Regulations 5 and 6(2) of the Aliens and Immigration Regulations. Cyprus Resident and Immigration Permits are granted according to certain provisions and criteria. Depending to the different circumstances of each applicant, different provisions and different type of Residence Permits can be granted.
There are many reasons for someone in order to obtain a Permanent Residency in Cyprus. Firstly, Cyprus is a popular destination for foreign citizens looking to reside to due to Cyprus' geographical position, combined with low tax on income, its' cosmopolitan city style and international business establishments. Apart from that demand for the residency in Cyprus remains strong, as third country nationals seek to use Cyprus as a gateway for their business in Europe. In addition, Permanent Residence Permit excludes a Non-EU national from any Immigration

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