Cyprus

PROGRAM BENEFITS

Through the Cyprus Residency by Investment Program, overseas investors can acquire a property starting at €300,000 (plus VAT) and receive a Cypriot permanent residency permit (PRP) in just 2 months. Up to two housing units may be included in the property, which must be a first-time sale and acquired from the same developer. The entire process can be organized without travelling to the nation however, after receiving the PRP, applicants must visit Cyprus within a year to provide their biometric information for the issuing of their PR card and must not leave the country for longer than two years. One can utilize Cyprus residency as a stepping stone to Cyprus citizenship. If all the conditions are met, this can be obtained in 5 years.

Dependents may enroll in top-notch private schools that provide English language instruction.

For a Regulation 6(2) application, residency is applicable to the primary applicant's spouse, children under the age of 25, parents, and parents-in-law; for a Category F application, residency is applicable to the spouse and children under the age of 18.