улица Неаполис, Форест Бич Естейт, офис 5 , Ороклини, Лaрнака
The Cyprus residence permit under the Cyprus law of immigration regulations combines a fast process and simple criteria with no nationality restrictions.When the permanent residence permit is issued it is valid forever with no renewal needed. The permanent residence permit applies to:
Unmarried dependent children of the applicant up to the age of 25 years old
The applicant’s parents and parents in law
Permanent residence holder can apply for Cyprus EU passport after 7 years
Requirements to obtain the Cyprus’ permanent residence:
Purchase of new property with a minimum value of 300,000 euro (excluding VAT)
Fixed deposit of 30,000 euro in a Cyprus bank account for 3 years
Annual income from abroad of 30,000 euro plus 5,000 euro per dependent person, plus 8000 euro per parent and parent in law
Declaration that the applicant and the dependents will not work in a Cypriot company unless they have their own company.
Clear criminal record certificate for the applicant and the dependents over 16 years old
In addition to satisfying the above financial criteria, the applicant, their spouse, their parents and their dependents, as applicable, must fulfil all the following conditions:
Have a clean criminal record
Declare they have a secured annual income from abroad
Declare their intention not to be employed in Cyprus
Visit Cyprus within one year of the date issuance of the PRP, to take receipt of the permit and obtain their biometrics and subsequently once every two year.
When a PRP can be revoke;
When the PRP holder was granted a permanent residence permit in another country (other instead of the country of his nationality).
When the PRP holder does not visit Cyprus for a period longer than 2 years.
The time needed to examine the application is around 2 months.