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ARTICLE · 05 AUGUST 2019

Permanent Residence Permit

The Law Firm of G. Vrikis & Associates LLC has been representing numerous clients in their application for Permanent Residence Permits in Cyprus.

CyprusTax
G. Vrikis & Associates LLC
G. Vrikis & Associates LLC
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The Law Firm of G. Vrikis & Associates LLC has been representing numerous clients in their application for Permanent Residence Permits in Cyprus. The below is a brief outline of the key provisions and documentation required for such an application to proceed further.

The Permanent Residence Permit – Regulation 6(2), is targeted to individuals who have fully and freely at their disposal a secured annual income, high enough to allow a decent living in Cyprus for them and dependents, without having to engage in any business, trade or profession in Cyprus – it is noted that this does not prevent them from being engaged in a business, trade or profession in any jurisdiction other than Cyprus.

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