Cyprus Permanent Residency Through Investment

Program Advantages

• Permanent status — valid for life
• Fast processing — approximately 8 months
• For the whole family — both spouses and children up to 25 years old
• Minimal presence required — one visit every two years
• Tax benefits — low rates, no inheritance tax
• Quality of life — safety, climate, healthcare, schools
• Reliable investments providing stable income
• Path to citizenship when residency conditions are met

Required Documents

• Resume of the main applicant
• Application (MIP1) — official form
• Marriage certificate (if applying as a family)
• Children's birth certificates
• Passport-size photographs
• Criminal record clearance from the country of residence
• Declaration of income from outside Cyprus of at least 50,000 euros per year with documentary proof (tax returns or certificate from a licensed accountant)
• Purchase agreement for new real estate from €300,000 + VAT or shares of a Cypriot company from €300,000
• Proof of payment for real estate or company shares
• Official declarations from both spouses that they do not intend to work in Cyprus, except as a director of their own company
• Health insurance valid in Cyprus
• University enrollment certificate for adult children
• Passport copies of all applicants

Permanent Residency Application Process