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Cyprus Permanent Residency by Investment

Cyprus is a mature and attractive option for property-based immigration in Europe, offering exquisite properties and relatively low maintenance costs (property taxes were abolished in 2017). Since March 24, 2021, applicants only need to purchase a property worth €300,000 in Cyprus to qualify for a three-generation immigration, obtaining a permanent and valid residency permit. There is no requirement for monitoring or residency in Cyprus, and the applicant can bring unmarried children under the age of 25 who are studying, as well as the parents of the applicant and their spouse (regardless of age and financial dependency). This program is particularly appealing to clients with adult children, multiple children, or those seeking solutions for eldercare needs.

Cyprus Permanent Residency by Investment Application Requirements

Main applicant:

1. Minimum age of 18 and a clean criminal record

2. Purchase a property in Cyprus worth at least €300,000

3. The main applicant must have an annual income of €30,000. For each additional dependent, such as a spouse or child, an additional €5,000 of annual income is required. If parents are included, an additional €8,000 of annual income is required for each parent

Accompanying Family Members:

1. Spouse (including same-sex spouse)

2. Children: Unmarried children under the age of 18 and full-time students between the ages of 18 and 25

3. Parents: The parents of the main applicant and the spouse, regardless of age, without the requirement of financial dependency

Cyprus Permanent Residency by Investment Process

Assessment and Contract Signing

Assess whether the client meets the application requirements and proceed with the necessary agreements

Virtual Property Viewing/Business Trip

Conduct virtual property viewings or arrange for the client to visit Cyprus for property selection and pre-recording of fingerprints

Receipt of Approval

Receive the approval letter within three months

Formal Contract Signing

Sign a service agreement and project disclosure with the service provider

Property Purchase

Finalize the chosen property, sign the purchase agreement and lawyer's agreement, and make the necessary payment

Receipt of Permanent Residency Card

Upon receiving the approval letter, the client can visit Cyprus to collect the permanent residency card

Visa Application

Assist the client in obtaining a business visit visa and collect the necessary documents for the permanent residency application

Submission of Documents

Prepare the relevant documentation for the client's application

Why do Cyprus permanent residents choose Globevisa?

Perfect product line makes you worry-free

It has opened more than 200 projects covering venture capital immigration, skilled immigration, passports, visa services, overseas education and overseas real estate, company registration, bank account opening, pension reunion and childbirth, identity renewal, etc., covering more than 40 countries and regions. With a complete vertical product line, tailor-made overseas plans for you.

​ The project development team makes you feel at ease

Globevisa International Project Development Center is composed of more than 100 people from more than 20 countries around the world, including professional business experts and investment experts. It always adheres to the principle of taking the law as the foundation, taking safety, effectiveness and risk as the principle, and taking project safety as the benchmark to do our best. Efforts are made to ensure the security of customer assets and identity acquisition, so that customers can rest assured.

Online service allows you to communicate without worry

Globevisa provides customers with a VIP member center system, online query of project progress and cost details, which is convenient and fast. Independent research and development of IM customer communication APP, using advanced data encryption technology. Protect customer privacy throughout the process. Exclusive consultant one-on-one service, private conversation, encrypted group chat. Safety first, privacy first.

Good relationship allows you to submit worry-free

In order to enable customers to obtain immigration information in a more timely manner, Globevisa has maintained good relations with governments, embassies, overseas banks, funds, etc. for a long time. Our professionalism and credibility have been praised by many overseas governments. At the same time, government officials also Went to Global China many times to have one-on-one in-depth exchanges with our customers.

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