Contact Us

Cyprus

If you’re looking for an easy way to permanent residency in a European country, Cyprus should be one of your first options. Cyprus offers a residency program that allows you to achieve permanent residency in just 2 months.

Program Overview

Cyprus is a Member of the European Union and the Eurozone. The ‘Yellow Slip’ is available to EU citizens wishing to settle and work in Cyprus permanently without the need to renew. Non EU dependents may also be included in the application thus making them eligible for the same rights and benefits as EU citizens.

Program Benefits
0
Months to Residency from
0
Min Investment Amount (€)

There are many benefits that come with the Cypriot residency program::

  • To begin with, the permanent residence permit allows you to enter Cyprus freely and therein without a visa
  • There are no minimum stay requirements. Come and go as you like.
  • The permanent residence permit entitles you to apply for a Schengen visa in any of the Cypriot embassies. You can obtain the Schengen visa in less than 4 working days; faster than most other embassies.
  • The process to achieve permanent residency is extremely fast. You can become a permanent resident in approximately two months.
  • There are no requirements with regard to language.
  • The program is open to all non-EU nationals.
  • You are not liable for payment of Cypriot taxes.
  • Cyprus, due to its strategic geographical positioning, connects you to Europe, Africa, and Asia, making travel very convenient
  • You are entitled to pursue higher education in any of the educational institutions located in the country. Cyprus is home to many UK-based educational institutions.
  • Cyprus boasts a high-standard of living.
  • Visas to non-EU countries are easier to access with a Cypriot permanent residence visa.
  • Permanent residence permits are given to dependents including, spouse, parents, in-laws, and children below the age of 25.
  • Permanent residence in Cyprus is does not expire and it can be simply transferred to your spouse and children.
Program Qualifications

Here are the conditions to be met in order to qualify for the program:

  • Enter into a rental agreement or purchase a permanent residence
  • Full cover health insurance in the Republic
  • Applicant must be physically present for submitting the application
  • Ultimately demonstrate the intention to reside on the Island
  • Applicant must show proof of stable income outside of the Island
  • Clean criminal record
Investment Options

Applicants are required to enter into a rental agreement or purchase a permanent residence, and have full cover health insurance in the Republic as well as the following: 

  • Secured annual income of €30,000;
  • Three-year fixed deposit with a Cyprus bank of at least €30,000;
  • Purchase of a residential property with a combined value of €300,000 (excl. VAT if applicable).
Make Cyprus your second home 

Visa-Free Countries

0

1,205,575
POPULATION
US$23,352
GDP nominal (per capita)
US$29.666 billion
GDP (purchasing power parity)

CAPITAL CITY
Nicosia
TIME ZONE
Eastern European Time Zone (UTC+02:00)
TOTAL AREA
9, 251 km2
LANGUAGES
Greek, Turkish, English
CURRENCY
Euro €
MAIN INDUSTRY
Tourism, Agriculture
SCHENGEN/ EU
EU Member State

KEY ADVANTAGES

  • Right to reside, work, travel freely within EU
  • Prospective member of Schengen
  • Favorable tax regime
PROGRAM MATCH

Compare the different programs in a nutshell and discover their features

PROGRAM COST

Check the cost estimates for each offered program

PROGRAM MAP

Explore the power of global mobility for every passport in the world

Disclaimer
The materials contained in this page are provided for general information purposes only and are not intended to provide legal or other professional advice. Processing times and costs will vary depending on a number of factors. CitizenMatch is not responsible for any changes to the time and cost estimates; we can provide specific information on an individual basis. All rights reserved.

×
Contact Us