Invest in Cyprus Permanent Residence Permit Programme
The Cyprus Government actively encourages foreign investment by offering a Permanent Residence Permit (PRP) to non-EU nationals who invest in property. Unlike temporary permits, the PRP is granted permanently, eliminating the need for renewals and providing long-term security.
Main Conditions:
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- Available to non-European citizens.
- Property purchase valued at €300,000 plus VAT or more
Who Can Apply?
Lorem ipsum is typically a corrupted version of De finibus bonorum et malorum, a 1st-century BC text by the Roman statesman and philosopher Cicero, with words altered, added, and removed to make it nonsensical and improper Latin. The first two words are the truncation of dolorem ipsum (“pain itself”).
- The permit covers the applicant, their spouse, and financially dependent children under 18.
- Unmarried children aged 18-25 who are students and financially dependent can apply separately for a lifelong Immigration Permit.
- Parents and parents-in-law of the applicant may also be eligible upon application.
Advantages of Holding a Cyprus PRP:
Lorem ipsum is typically a corrupted version of De finibus bonorum et malorum, a 1st-century BC text by the Roman statesman and philosopher Cicero, with words altered, added, and removed to make it nonsensical and improper Latin. The first two words are the truncation of dolorem ipsum (“pain itself”).
- Permanent, non-renewable residence status for life.
- Fast processing time — approximately two months.
- Access to Europe with a 1-year Schengen visa issued by any European Embassy in Nicosia.
- Opportunity to access British university education in Cyprus.
- Access to high-quality healthcare and medical facilities
- No inheritance tax.
- No inheritance tax.
- Eligibility for rental income opportunities.
- Potential pathway to citizenship and passport.
TRAVELING BENEFITS
Lorem ipsum is typically a corrupted version of De finibus bonorum et malorum, a 1st-century BC text by the Roman statesman and philosopher Cicero, with words altered, added, and removed to make it nonsensical and improper Latin. The first two words are the truncation of dolorem ipsum (“pain itself”).
- A person who has Permanent Residence Permit can travel to Cyprus without visa.
- The visa to the Schengen zone’s countries can be easily obtained by Cyprus
- 1-year Schengen visa in the any EU Embassy in Nicosia