Permanent Residency

The Republic of Cyprus

In purchase of the provision of the Aliens and Immigration Law and Regulations, has adopted a program offering non-EU nationals the opportunity to obtain Permanent Residence Permit (PRP) in Cyprus. The PRP is easily obtained by non EU citizens, applicants, who purchase a property in the island of value €300.000 +VAT or more. The PRP obtained, applies to spouse and financially depended children under the age of 25, as well as to the parents and parents-in-low of the holder.


Investment / Financial Criteria

The applicant should submit a confirmation letter from a financial institution in Cyprus that he/she has deposited a minimum capital of €30.000 into an account, which will be pledged for a period of at least three years...


Dependent Persons

The Immigration Permit issued to an applicant covers his/her spouse and children under the age of 18. Two separate Immigration Permits may be granted to each spouse, if desired, provided that a separate application is...


Investment of a Higher Value for the Inclusion of Children who are not financially dependent

An Immigration Permit may also be granted to children of the applicant over the age of 18, who are not financially dependent on the applicant, provided that the market value of...


Qualitative Criteria

The applicant and his/her spouse must submit a confirmation of a clean criminal record from their country of residence or from Cyprus, in case they are residents of the Republic, and generally they should not be considered as a threat in any way to the public order or public security in Cyprus.


Procedure for the Submission and Examination of an Application

Applications accompanied with the required documents must be submitted directly to the Civil Registry & Migration Department (CRMD), personally or through an authorized representative (relevant telephone numbers are 22-403921 & 22-403943).


Time schedule for issuing an Immigration Permit

It should be stressed that, provided the criteria of this policy are satisfied and there are no reasons with regard to either the criminal record of the applicant or to public order and public security issues, the application shall be examined by the Minister of Interior...