Permanent Residence Permits

PRP

In 2016 the Civil Registry and Migration Department have amended the legislation of granting an Immigration Permit to third-country nationals who invest in Cyprus by purchasing a property of 300.000 EUR + VAT. The new criteria known as Regulation 6(2) of the Aliens and Immigration Regulations, has been simplified and accelerated. Provided that investment is made and certain criteria are met, a 3rd country individual, his/her spouse, children and parents can obtain a Lifetime Permanent Residency permit within 2 months.

Advantages of Cyprus Residency Permit:

• Lifetime Citizenship
• VISA Free travel to 169 countries worldwide
• Efficiency in processing time within 6 months to Citizenship
• Dependent children until the age of 28 and parents can be included
• No residence, interview and language requirements
• Flexible options for investment
• Law Tax Regime, No Inheritance Tax, No Tax on Dividends, No Tax on Gifts