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ARTICLE · 03 AUGUST 2023

Obtaining Permanent Residency In Cyprus By Investment

Cyprus is known for its good weather, scenic beaches and strong healthcare and education system. It comes as no surprise that Cyprus is an attractive place to live to many around the world.

GlobalImmigration

Cyprus is known for its good weather, scenic beaches and strong healthcare and education system. It comes as no surprise that Cyprus is an attractive place to live to many around the world. For an investment of at least EUR 300,000, one could obtain a Cyprus residence permit to reside in indefinitely in Cyprus for themselves, their spouse, and their dependent children. Holders of this residence permit may apply for citizenship in Cyprus after an aggregate total of 5 years of continuous residence in Cyprus provided that they have been resident in Cyprus for at least 12 consecutive months prior to the date of application. As Cyprus is a member of the European Union, permanent residents of Cyprus may be granted a Multiple-Entry Schengen visa valid for up to five years. No language, education or management experience would be required under this program, making it widely accessible.

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