The Limassol Wharf

CYPRUS PERMANENT RESIDENCY

You and your family will freely live on a beautiful island, gain access to the advanced health care and educational system, and even engage in business: permit holders have the right to own and start a business in Cyprus or establish a Cypriot company as an intermediary for export trading throughout the world, thus benefiting from Cyprus’ excellent business and tax advantages.
The island offers excellent education opportunities – thus streamlining children’s access to the best universities worldwide – superb healthcare, and a bounty of leisure facilities. Most attractive of all, permits obtained are valid forever, even after children are no longer dependent, with permanent residency also extending the right to apply for EU citizenship after seven years.
The Cyprus Permanent Residency Program offers the opportunity for those acquiring property to establish a Mediterranean home and become residents in Cyprus. Cyprus Permanent Residence Benefits: Home to two international airports and situated at the crossroads of three continents, Cyprus is also a superb base for travelling throughout Europe and the wider world.
To obtain a Permanent Residency Permit in Cyprus, one can either purchase a property in Cyprus (the fast-track option) or after legally residing in Cyprus for a continuous period of more than 5 years, an individual and his or her family members may apply for the permit.

PERMANENT RESIDENCY THROUGH PROPERTY

Buying a home in Cyprus is becoming a popular option for third-country nationals seeking EU residency. By virtue of Regulation 6(2), the Cypriot government has simplified the procedure for issuing a Permanent Residency Permit to non-EU citizens seeking to invest in Cyprus.
The minimum eligibility requirements are as follows:
  1. Acquire a new residential premise in Cyprus worth a minimum of €300,000 (excluding VAT). The first €200,000 must be paid by the date of filing of the application. Additionally, the purchases must be ‘first-time’ sales meaning that they are to be bought for the first time from a property development company.

  2. Open and maintain a fixed deposit in a Cyprus bank of a minimum €30,000 for three consecutive years.

  3. Maintain a secured annual income originating from outside of Cyprus of at least €30,000. Such funds must be increased by €5,000 for each dependent, and €8,000 for each parent included in the application

  4. The applicant will need to undergo a ‘Fit and Proper’ test. To comply with due diligence procedures he or she will need to show a clean criminal record certificate.

  5. The applicant will need to visit Cyprus once within the first year to register biometrics, and visit Cyprus every two years thereafter.

BENEFITS OF CYPRUS PERMANENT RESIDENCY THROUGH PROPERTY

  1. Fast track to permanent residency

  2. 7 years time to citizenship

  3. 1 day every 2 years residency requirement

  4. All nationalities eligibility

  5. No global taxes consequences

  6. Family Investor spouse, dependents up to age 25 & parents

  7. Process Simple, no language, medical exam or interview

  8. Approval rate 100%

A sunlover’s haven, Limassol is blessed with 16 kilometers of beachfront. This long stretch of sandy beaches includes areas with excellent facilities and clear waters that have been awarded the Blue Flag label (14 beaches).

The history of the city is mainly known for its events in 1191 A.D., which marked the end of the Byzantine Rule in Cyprus. The Amathus archaeological site, located 11km east of Limassol centre is considered as one of the most important ancient sites globally.

The city has been a foreign investment magnet for decades transforming itself into a business hub. A line of luxurious hotels back much of the seafront ensuring that modern comforts are available.

Endless choices for fine dining; discover a new facet of gastronomy, all within a walk’s reach.

Limassol’s Port and Marina holds the heart of the city in its palm, with excellent eateries and exceptional bars, perfect for a weekend night out.

The historical centre of Limassol, which the locals call the Old Town, is a true architectural paradise. There you can find the Limassol Castle, churches, market and a library as well as shops and restaurants sprinkled all over.

IDEAL LOCATION

A sunlover’s haven, Limassol is blessed with 16 kilometers of beachfront. This long stretch of sandy beaches includes areas with excellent facilities and clear waters that have been awarded the Blue Flag label (14 beaches).

The history of the city is mainly known for its events in 1191 A.D., which marked the end of the Byzantine Rule in Cyprus. The Amathus archaeological site, located 11km east of Limassol centre is considered as one of the most important ancient sites globally.

The city has been a foreign investment magnet for decades transforming itself into a business hub. A line of luxurious hotels back much of the seafront ensuring that modern comforts are available.

Endless choices for fine dining; discover a new facet of gastronomy, all within a walk’s reach.

Limassol’s Port and Marina holds the heart of the city in its palm, with excellent eateries and exceptional bars, perfect for a weekend night out.

The historical centre of Limassol, which the locals call the Old Town, is a true architectural paradise. There you can find the Limassol Castle, churches, market and a library as well as shops and restaurants sprinkled all over.