Freedom Consulting Group of Cyprus Ltd

triangle

Permanent Residency

Become A Permanent Resident

Our expert team specializes in providing comprehensive residency consulting services for individuals and families seeking to establish residency in Cyprus. Whether you’re interested in the Cyprus Investment Program (CIP) or the Permanent Residence Permit (PRP), we guide you through the entire process, from eligibility assessment to application submission.

Our Residency Consulting Services Include:

  • Evaluation of residency options
  • Assistance with document preparation
  • Application submission and follow-up
  • Guidance on investment requirements
  • Ongoing support and advice throughout the residency process
Permanent Residency & Requirements

Cyprus, known for its stunning landscapes, rich history, and vibrant culture, offers a pathway to permanent residency for individuals and families seeking to call this Mediterranean paradise their home. The permanent residency program allows individuals and kin the opportunity to permanently reside in Cyprus. By obtaining their permanent residency within a two month period.

  • Invest a minimum of EUR 300,000 in real estate property in Cyprus
  • Provide evidence of stable annual income of minimally EUR 30,000 outsourced from Cyprus. Please note if there are dependents (i.e., children, spouse etc.) evidence of additional income is required to be secured
  • Must visit Cyprus every two years there is no min. residency requirements

Advantages to Permanent Residency in Cyprus

  • Dependents of individual- spouse and children under 25 years of age
  • Access as EU member
  • Ability to reside and access educational facilities in Cyprus
  • Avenue to receiving Cypriot citizen ship after 7 years of Cyprus residency
  • No language or educational experience required

Application process for Permanent Residency

  • The applicant must travel to Cyprus to provide biometrics
  • Complete and submit all application forms and required documents
  • Successful applicants will be granted Cypriot Permanent Residency through The Civil Registry and Migration Department of Cyprus
  • The processing time: two months

Investments Required

1) Residential Property​

  • Minimum of EUR 300,000 + VAT (19%) on a maximum of two residential properties

2) Residential & Commercial

  • Purchase of both a residential property and commercial space up to 250sqm ensuring the total value is above EUR 300,000 + VAT (19%)

Expert Guidance

Navigating the process of obtaining permanent residency in Cyprus can be complex, but with the guidance of experienced residency consultants, applicants can streamline the application process and maximize their chances of success. Our team of dedicated professionals is here to assist you every step of the way, from initial assessment and document preparation to application submission and follow-up, ensuring a smooth and seamless experience.

Seize the Opportunity

Whether you’re seeking to relocate for personal, professional, or lifestyle reasons, permanent residency in Cyprus offers a gateway to a brighter future. With its favorable climate, thriving economy, and welcoming community, Cyprus provides an ideal environment for individuals and families looking to build a new life and embrace the countless opportunities that await.

Partner with Us

Let us be your trusted partner in realizing your dream of permanent residency in Cyprus. With our expertise, commitment, and personalized approach, we are dedicated to helping you navigate the residency process with confidence and ease, allowing you to unlock the door to a world of possibilities in this enchanting Mediterranean destination.

Additional Information

Eligibility for application

  • Primary applicant must be over 18 years of age, of good standing with no criminal record and investing the required amount through one of the investment options

Who are Dependents?

  • Primary applicants Spouse
  • Primary applicants or spouse-dependent children up to 25 years of age (must show proof of full-time attendance at the educational institution- this is required for those ages 18-25)
  • Parents of the primary applicant and spouse

How long does the process take?

  • The typical processing time is approximately six months

Be Informed

When applying for Permanent Residency it is important to know all the details;

  • A fixed deposit of EUR 30,000 is held at a Cypriot bank for three years
  • There is an additional EUR 5,000 per each dependent and EUR 8,000 per each parent of which is on application
  • The applicant and/or spouse has the ability to take hold of shares within a Cyprus registered company whereby the individuals are able to receive income from the dividends of the company. Though the applicant and/or spouse is to declare they are not to work in Cyprus
  • There is to be minimum of one visit to Cyprus every two years (there is no minimum required days of stay)
  • No criminal record
  • Applicant and family to have medical insurance
Looking for a First-Class Business Consultant?