Cyprus Business Immigration
Permanent Residency (PR) in Cyprus by Purchase of Property
Permanent Residency in Cyprus by Purchase of Property Valued 300,000 EUR
Immigration Permit of permanent nature is for those who buy a property valued 300,000 EUR. Please, note that in the case of PR the properties that qualify are only new properties (not re-sale). This is a fast track program (applications are normally processed in a couple of months). In addition, the applicant must have a three years deposit 30,000 EUR with a Cypriot bank and must demonstrate annual income of 30,000 EUR.
Applicant must make a direct investment of at least € 5 million in the purchase of one of the below:
- Businesses or companies
- Financial assets
- Investors need to maintain ownership of the assets for a period of 3 years
Applicant must have a fixed term deposit of at least € 5 million for 3 years in a bank in Cyprus.
- Must hold a permanent privately-owned residence in the Republic of Cyprus, the purchase price of which must be at least € 500,000 plus applicable VAT
- Must choose one of the prescribed investment options and maintain it for the required duration.
Contact Our Experts
Mr. Saif Ali Raza
Tel: +92 300 5017019
Mr. Atif Sajjad
Tel: +92 300 5017047