Cyprus
Residency by Investment

Minimum Investment

N/A

Donation

Minimum Investment

300,000

Real Estate

Time To Residency

2-3

Months

Visa-Free Access

0

Countries
Costs of Cyprus Permanent Residency

Applicants must prove that they have made the following investments

1) Purchase or ownership of a residence
Minimum investment
EUR 300,000 + VAT
2) A Bank deposit in a Cypriot Bank, pledged for 3 years
Minimum amount
EUR 30,000
3) Proof of income

The applicant should prove at least €30,000 income for himself and plus €5,000 for each dependent on:

  • An applicant may purchase up to 2 residential units (apartments or houses), or 1 residential unit and 1 shop with an area of up to 100m² or 1 residential unit and an office with an area of up to 250m²
  • Residences or apartments may be independent of each other but both must be sold by the same
    company
  • The property must be new (not a resale)
Minimum amount income (main applicant)
EUR 30,000
Minimum amount income (each dependent)
EUR 30,000

Conditions

  1. All investment funds must be proved to have emanated from abroad.
  2. A Declaration is signed by the applicant/spouse that there is no intention to be employed in Cyprus. The applicant and/or his wife could be shareholders and directors in a company registered in Cyprus.
  3. All applicants must visit Cyprus at least once every 2 years.
  4. All applicants must have a clean criminal record.
  5. Unmarried children between the ages of 18 and 25, provided they are students and financially dependent on the applicant, can submit their own application to obtain the Permanent Residency Permit on the basis of the main applicant’s investment

Savory & Partners professional fees, official application forms, certification of citizenship and passport, courier & other disbursements are the only other costs associated. A full-itemized quotation with no hidden costs is provided.

Contact Details

Landline:
+971 (0) 4 430 1717

Mobile:
+971 (0) 54 440 2955
Address:
Office 19C11, I-Rise Tower,
Barsha Heights, Dubai,
UAE, PO BOX 336173
Business Hours:
Sun – Thur: 9am to 6pm
Fri – Sat: Closed
United Kingdom
+44 20 3286 0043
Hong Kong
+852 8170 1255

Citizenship Enquiry