Permanent Residence Permit by Investment in Cyprus

Feod Group has for many years provided a full range of services for obtaining permanent residence in Cyprus, by an investment in Cyprus and obtaining permanent residency.

The company has accredited Cypriot lawyers

Offices:

✓ Obtaining unlimited residence permit for the entire family
✓ No requirement for permanent residency in Cyprus
✓ In 2021, new investment options were added: residential and commercial real estate, business, investment funds
✓ Ability to obtain EU citizenship after 7 years of residency

 

If you are in Cyprus and you require our advice or support for your needs, kindly make a request and call Feod Group offices in Larnaca + 357 99 849 525 (WhatsApp)

 

OBTAIN PROFESSIONAL IMMIGRATION ADVICE
OBTAIN PROFESSIONAL IMMIGRATION ADVICE



     

    Permanent Residence Permit by Investment

     

    The program for obtaining an indefinite residence permit in Cyprus is available for citizens from non-EU countries with an investment of 300,000 euros or more.

    Previously, Cyprus permanent residence for investment could only be obtained by purchasing residential real estate.

    But in March 2021, the Minister of Interior adopted a number of changes in the procedure for obtaining permanent residence.

    New criteria in obtaining a Permanent Residence Permit by Investment in Cyprus 2021

    Investment requirements

    The applicant must invest the amount of at least €300,000 (not including VAT) in one of the following categories:

    1A: Purchase of a residential property (house or apartment) from a developer.

    1B: Investment in immovable property (except houses/apartments) such as offices, shops, hotels etc. or a combination of these of the total amount of at least €300,000.

    1C: Investment in the capital of a Cyprus company with activities in Cyprus and at least 5 employees.

    1D: Investment in funds (AIFS, AIFLNP, RAIF)

    Other criteria and requirements for obtaining permanent residence by investment

    Note: It is noted that the real estate purchase may be accepted even when made in the name of a legal person, provided that the applicant and/or his/her spouse are the sole shareholders or the ultimate beneficial owners of it, and that this legal person is legally established in the Republic of Cyprus or other member state of the European Union or European Economic Area.

    In addition to the above, the applicant must illustrate that he/she has an annual income of at least €30,000 (plus €5,000 for every dependent person, plus €8,000 for each parent). The income may derive from salary, pension, dividends, deposits, rental income etc.

    In case the investment is according to paragraphs 1B, 1C or 1D above, the annual income of the applicant or part of it can be derived from within the Republic of Cyprus.

    The Investor and his/her spouse must submit a confirmation of a clean criminal record from their country of origin.

    The Investor and his/her spouse should confirm that they do not intend to be employed in Cyprus in any direct or indirect manner except in the position of Directors in a company which they intend to invest under 1C above.

    In case the investor will invest under 1B, 1C or 1D, he/she must present evidence of residence in Cyprus such as title deed or rental agreement.

    Dependent Family members

    Single children between 18-25 years old which are students and which are financially dependent on their parents, may apply, without fulfilling any personal financial requirements. In this case the parents will need to prove additional income of at least 5,000EUR for each dependent child.

    The permit will remain valid even after the holder has exceeded the age of 25 and even if he/she is no longer single and/or financially dependent on his/her parents. It is however noted, that their future spouse and/or children will not be entitled to obtain the Permanent Residency Permit.

    The parents of the couple are also eligible to acquire the Permanent Residency Permit, without any further investments. However, the couple must prove additional income of at least 8,000EUR for each parent.

    Permits may be granted to adult children who are not financially dependent provided that the investment amount will be higher: If there is only one adult child, the investment should be doubled (i.e. €600,000) if two children, €900,000 etc. In addition, the adult child must show evidence that she/he has an annual income of €30,000.

    Feod Group has been providing a full range of services in obtaining permanent residence in Cyprus, both at the stage of selecting and buying real estate, and at the stage of applying and receiving a residence permit in Cyprus.

    OBTAIN PROFESSIONAL IMMIGRATION ADVICE
    OBTAIN PROFESSIONAL IMMIGRATION ADVICE



       

      How Feod Group can support you in obtaining permanent residence in Cyprus?

       

      Over the years, Feod Group has assembled a team of professionals who can assist and support you in obtaining Cypriot citizenship or residence permit.

      Our knowledge of Cyprus law and current practice in Cyprus and professional experience are at your disposal.

      Cyprus, geographically located between East and West is an ideal hub, both for business and family. It offers ideal climate, safe business environment and minimum 360 days of the year perfect weather, as well as being a Christian Orthodox country.

      Feod Group provides together with its Cypriot partners a unique professional service to their clients.

      To receive more detailed information about the program in obtaining a residence permit in Cyprus, please contact us for a consultation conducted by the Feod Group, Cyprus Director – Chryso Christothidou.

      OBTAIN PROFESSIONAL IMMIGRATION ADVICE
      OBTAIN PROFESSIONAL IMMIGRATION ADVICE



        Countries where we offer visa and immigration support:

        Our experts
        Elena Georghiou
        Founder and Managing Director
        Ukraine
        George Georghiou
        Managing Director
        United Kingdom
        Tetyana Lementarova
        Managing Partner
        Ukraine
        William Slattery
        Managing Рartner
        USA
        Chryso Christofidou
        Managing Director
        Cyprus
        Christopher Pelentrides
        Рartner
        United Kingdom
        Peter Petrou
        Partner
        United Kingdom
        Daniele Papone
        Partner
        Italy
        Jerome Da Ros
        Partner
        France
        Stefan Toffol
        Partner
        Switzerland
        Rimma Dontsova
        Senior Adviser
        Visas and Immigration
        Ukraine
        Anastasia Taran
        Legal Adviser
        Ukraine
        Inna Marchenko
        VIP Client Manager
        Visas and Education Abroad
        Ukraine
        Ask a Question

        Укажите, пожалуйста, Ваши контактные данные и наши специалисты свяжутся с Вами в ближайшее время.






          Ваши данные под 100% защитой!
          Указывая свои контактные данные, вы даете согласие на обработку, хранение и использование своих персональных данных исключительно с целью надлежащего предоставления вам услуг компании.

          ×

          Please indicate your contact details and our specialists will contact you as soon as possible.






            Your data is under 100% protection!
            By providing your contact information, you give consent to the processing,
            storage and use of your personal data solely for the purpose of properly
            providing you with the services of the company.

            ×

            Отправить на email



              ×

              Send to email



                ×

                Укажите, пожалуйста, Ваши контактные данные и дату семинара, которая Вам удобна.





                   

                   

                  ×

                  Вкажіть, будь ласка, Ваші контактні дані та наші фахівці зв’яжуться з Вами найближчим часом.






                    Ваші дані під 100% захистом!
                    Вказуючи свої контактні дані, ви даєте згоду на обробку, зберігання і
                    використання своїх персональних даних виключно з метою належного надання вам послуг компанії.

                    ×