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ARTICLE · 09 APRIL 2021

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The Amended Cyprus Residency Program

AGPLAW | A.G. Paphitis & Co. LLC
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Cyprus has been long considered as an ideal location for permanent residency by non- EU nationals. The Permanent Residence by Investment Program offers individuals an effortless route into...

CyprusImmigration
AGP Law/ A.G. Paphitis & Co. LLC
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...investors may now choose to invest in different sections of the Cyprus Undertakings for Collective Investment in Transferable Securities (UCITS)...

Cyprus has been long considered as an ideal location for permanent residency by non- EU nationals. The Permanent Residence by Investment Program offers individuals an effortless route into obtaining permanent residency on the island for themselves and their family members. In an attempt to increase foreign investment the Government of Cyprus has amended the Residency Program in order to offer further access for non- EU nationals interested to permanently reside in Cyprus.

The new amendments were announced on the 26th of March 2021 by the Cyprus Government.

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