Any person may apply for the acquisition of the Permanent Residency as long they fulfil the following criteria.
The examination of the application takes approximately nine (9) to fourteen (14) months
- The applicant should have at his/her disposal fully and freely a secured annual income, high enough to give them a decent living in Cyprus, without having to engage in any business, trade or profession. The annual income required should be at least €10.000- for a single applicant and moreover at least €5.000- for every dependent person, but additional amounts may be requested as necessary.
- The said annual income should come from abroad.
- Purchase of Immovable property of any market value is considered an advantage for approval of the application.
We are collaborating with Real Estate Agencies, Accountants and Surveyors which may assist you in acquiring and valuating a property in Cyprus.
Please contact us for further information and advice.