The Cyprus Immigration Permit

Through Real Estate Investments
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From € 300.000
An Immigration Permit is issued to the entire family of the Investor, not just to the Investor himself.
The procedure is easy. It will take only 2 months from the moment of submitting the Application.
The status of a Permanent Resident of Cyprus provides а visa-free entry, accommodation and recreation in Cyprus, as well as the opportunity to get an education here.
An Investor can legally receive rental income from real estate purchased in Cyprus.
An Investor can obtain the status of a Cyprus tax resident under certain conditions.
It is not required to reside constantly in Cyprus for an Investor to keep his status. It is enough if he visits the island at least once every two years.
There is a way to obtain Cypriot Citizenship by naturalization after accumulating 7 years of permanent residence.
Legal Framework:

The Minister of Interior of The Republic of Cyprus, having notified the Council of Ministers, issues an Immigration Permit to third-country applicants, in cases where all the conditions of Regulation 6(2) of the Aliens and Immigration Regulations listed below are met:

Basic outlines:
Investment amount:
From € 300.000+VAT & annual income of € 30.000
Period of validity:
Valid as long as the property is held
For the whole family
Key benefits:
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Easy procedure

A minimum set of documents is required. The entire registration procedure takes about 2 months from the date of their submission.

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Status for the whole family

The Application can include the Applicant's spouse, children under 25, and parents on both sides.

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Accommodation in Cyprus

The permit gives you the right to live on the island but does not oblige you to do so. You may come to Cyprus at least once every two years.

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European education

Cyprus offers high-quality European and Russian secondary education with the prospect of enrollment into any University in the World.

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Effective taxation

The Permit allows but does not require, paying income taxes received outside the island.

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Cypriot citizenship by naturalization

There is a way to obtain Cypriot citizenship by naturalization after accumulating 7 years of permanent residence.

Financial solvency
The Applicant must prove a legal source of income outside Cyprus in the amount of at least €30,000 and buy real estate in the primary market with their own funds received from abroad.
Real estate acquisition
One or two properties must be purchased from the same development company from the primary market with a total value of at least €300,000 + VAT
Financial pledge
A three-year deposit of €30,000 + €5,000 for each family member (spouse/children) + €8,000 for each parent is to be pledged with a bank.
The Application must be accompanied by title deeds or a sale contract in the name of one of the spouses which has been officially filed, of a real estate of total market value of at least €300.000 (plus V.A.T.) and official payment receipts of at least €200.000 (plus V.A.T.), irrespective of the delivery date of the real estate. It should be stressed that the full payment of the real estate value shall be settled in an account in a financial institution in Cyprus.

An Applicant may purchase up to two housing units (apartments or houses) from the same development company, or one housing unit + a shopping outlet of a surface of up to 100 sq.m., or an office of a surface of up to 250 sq.m.
The Applicant is to be over 18 Years Old
Only an adult can be qualified to submit the Application.
Clean Criminal Record
The Applicant must have a clean criminal record, and generally, they should not be considered as a threat in any way to the public order or public security in Cyprus.
No employment in Cyprus
The Applicant and his/her spouse shall confirm that they do not intend to undertake any sort of employment in Cyprus. It is noted that they may be a shareholder(s) in a Company registered in Cyprus and get dividends from such a company.
The sale of the declared real estate without immediate replacement with another immovable property of the same or higher value will cause revoking of the Immigration Permit.
Engagement letter
Real estate acquisition
Immigration Permit
Stelios Americanos & Co. LLC

provides practical expert assistance in preparing the necessary documents, examine the specific circumstances of the Applicant to ensure the most effective way to successfully meet the criteria in order to pre-confirm the full compliance of the prepared set of documents with the set of requirements. We accompany the client and his/her dependents to the Civil Registry and Migration Department for the submission of the Application, and after submitting it, we perform ongoing monitoring of its status and continuous follow up with personal interventions if necessary. Thus, we act as a liaison between the Authorities and the Applicant during the examination of the application.

Engage Stelios Americanos & Co. LLC to handle your Application for Immigration Permit in Cyprus and secure the best way of getting it done.

apply for your Cyprus immigration permit

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