Permanent Residence in Cyprus

Through Investment

Price

Starting from €300 000

Timeline

Three to four months

Validity

10 years

Availability

Permanent residence in Cyprus is available for citizens of Russia, Belarus, Ukraine, and Kazakhstan.

Only once

For renewal, a visit to Cyprus is required only once every two years.

99%

Successful cases; high likelihood of approval.

№1

Program ranked first in quality of life (Henley & Partners 2024 ranking).

Permanent Residence in Cyprus Through Investment Offers You the Following Benefits:

Free Movement: Travel freely within the Schengen countries for up to 90 days out of 180. Live in a developed country and obtain permanent residence without language requirements for the whole family.

Banking and Asset Protection: Open a bank account in the EU and protect your funds. Personal accounts without limits and simplified visas to the US, Canada, Australia, and New Zealand.

Residency Renewal: Renew permanent residence without tax residency with a stable income. Access to healthcare and education without government fees.

Favorable Tax Regime: Non-domicile status. Exemption from taxes on gifts, inheritance, and dividends. A "backup plan" in a stable EU country.

Conditions for Permanent Residence in Cyprus

Residential/Commercial Real Estate

Invest a minimum of €300,000 in an apartment, house, or commercial property.

Conditions for Permanent Residence in Cyprus

Residential/Commercial Real Estate

Invest a minimum of €300,000 in an apartment, house, or commercial property.

Local Companies

Cyprus Investment Funds

Conditions for Obtaining Cyprus Permanent Residence in 2024

How to Obtain Permanent Residence in Cyprus November 2024

We fully manage each stage of the immigration documentation process. A free consultation with a lawyer will help you find the optimal solution, calculate costs, and estimate timelines. Meetings with a consultant are available online or at our offices in Moscow, Dubai, and Paris. A personal manager will assist you throughout all stages of document preparation and submission.

1 Step

December 2024

Document Collection and Preparation.

Collect the necessary documents, including criminal record certificates, apostilles, and translations. Documents are submitted to the CBIC for due diligence.

2 Step

January 2025

Visa Application.

After a positive due diligence decision, the applicant pays the investment amount from €300,000. Documents then are submitted for permanent residence.

3 Step

February 2025

Obtaining Permanent Residence in Cyprus.

After the application is approved, the applicant travels to Cyprus for biometric data submission and to receive permanent residence. The process is completed with the issuance of a residence permit.