Cyprus Permanent Residence
Investing in real estate allows you to obtain a Permanent Residence Permit in Cyprus.
The Cyprus Permanent Residency Program (PRP) grants the right to travel within the EU with less elaborate visa requirements and may be considered to be the first step towards applying for the Cyprus Investment Programme (subject to meeting various criteria) amd obtaining Cyprus citizenship.
Cyprus permanent residence for property buyers
- Issued within 2 months
- Life-long validity without need for renewal
- Granted to all family members including children and parents from both sides of the family
- Non-residency requirement other than to visit Cyprus once every two years, unlike other European member-states, which insist on residency for at least 3 months per year
- Makes it possible to have a business in Cyprus and to receive shareholder dividends