Cyprus Residency

Overview of the Cyprus Residency Program

Cyprus offers the Permanent Residence Program, a swift pathway to permanent residency for foreign investors. With a minimum investment of €300,000 in a new property, applicants can secure Cyprus permanent residency within just 60 days. The permit extends to the applicant's entire family, including spouse, children, and dependent parents, and remains valid indefinitely with a simple requirement of visiting Cyprus once every two years. Moreover, holders of Cyprus Permanent Residency enjoy visa-free travel to Cyprus and eventual eligibility for a Cypriot passport. Recent updates have removed the fixed deposit requirement, broadening investment options to include various real estate projects.

Benefits to Investors of the Cyprus Residency Program

The Cyprus Residency Program offers an array of enticing benefits to investors. Notably, it extends residency privileges to the entire family, encompassing spouses, children, and dependent parents, fostering familial unity. With a permanent residency permit that never expires, individuals need only visit Cyprus once every two years, ensuring flexibility and convenience. Furthermore, holders of Cyprus Permanent Residency enjoy visa-free travel to the country, streamlining access for frequent visitors. The program also opens avenues for eventual citizenship, with applicants eligible to apply for a Cypriot passport after meeting specific criteria. These benefits, coupled with recent updates removing fixed deposit requirements, enhance the program's appeal to prospective investors.

Investment Criteria for the Cyprus Residency Program 

To qualify for the Cyprus Residency Program, investors must meet specific investment criteria. A minimum investment of €300,000 in residential real estate is required, offering flexibility to invest in various property types such as houses, apartments, offices, or tourism projects. Recent updates have eliminated the fixed deposit requirement, offering investors more freedom in their investment choices. Additionally, there is no obligation to maintain a fixed deposit for a specific duration. This flexibility, combined with the diverse investment options available, enhances the attractiveness of the program for individuals seeking Cyprus residency through property investment.

 

Our team is here to guide you through the process

Embark on your journey to Cyprus residency and discover a world of opportunities. With the Cyprus Residency Program offering a streamlined pathway to permanent residency, there's never been a better time to inquire. Our team at Down Town Cyprus is here to guide you through the process, ensuring a seamless experience from start to finish. Whether you're seeking a new home, investment opportunities, or simply want to explore the benefits of Cyprus residency, we're here to assist you every step of the way. Contact us today to learn more and take the first step towards realizing your dreams of residency in Cyprus.

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