With a low investment amount, simple application process, and quick approval time, Cyprus Permanent Residency through investment is a great option for those looking to relocate to an EU-member state, or secure a safe future for their family.
As a resident of Cyprus, permit holders will gain access to advanced healthcare and education, enjoy a desirable Mediterranean lifestyle, be able to own a business in Cyprus, and travel with ease throughout Europe and the rest of the world.
Investor chooses a property or properties to value of €300,000 +VAT, either by visiting Cyprus or via communication with an Elegant Cyprus Properties representative. Purchase agreement is signed and payment is made, including a Permanent Residency fee of €500 per application.
Residency documents are submitted to the Civil Registry and the Migration Department.
Residency permit is issued within 2-4 months.
Once approved, the applicant is required to visit Cyprus within one year to obtain full permit and digital ID cards.
The applicant and their dependents are required to visit Cyprus at least once every two years.