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Permanent Residence Permit

 

Opportunity to invest in CYPRUS – a EU and Eurozone member state - and become a CY-EU citizen or get the Permanent Residence Permit.











Non-EU citizens who purchase property in Cyprus
can benefit 
from the new and accelerated procedure for obtaining a Permanent Residence Permit in Cyprus


The applicants must:
 

  • Purchase a property of a minimum value of €300.000 plus VAT and provide proof of payment for at least €200.000 plus VAT with funds transferred from abroad.
     
  • Deposit of €30.000, with funds transferred from abroad, pledged for at least 3 years in a bank in Cyprus.
     
  • Prove that they have a min annual income of €30.000. The amount increases by €5.000 for each dependent.
     
  • Submit a clean criminal record certificate issued by the Authorities of their country of origin.
     
  • Submit a statement confirming they will not be employed in Cyprus. The applicant is allowed to be a shareholder of a Cyprus company and earn dividends.
     
  • Visit Cyprus at least once every two years. Provided that the criteria described above are fulfilled, the permit is granted within 2 months from the date of submission of the application.

 

Example Properties



Zavos Aqua Park Resort Semi-Detached Townhouse C8
 

  • Located in Limassol, in prime location
  • 2 bedroom maisonette
  • 2 floor level
  • Covered Area 82m²
  • Uncovered veranda 7.59m²
  • 4 Communal Swimming pools
  • Gated Resort with private roads
  • Children’s playground Area
  • Club House
  • Quality ceramic tiles
  • Laminated wooden floors in bedrooms
  • Solar Heating

PRICE
€378,000 plus VAT


 



Marathon Sea View Apartments Apartment 104
 

  • Located at Limassol’s seafront
  • 1 bedroom Apartment
  • Covered Area 75.64m²
  • Communal Swimming pool
  • Gym with Shower facilities
  • Tennis Court
  • Centralized Satellite System
  • Quality Ceramic Tiles
  • Laminated Wooden Floors in bedrooms
  • Solar Heating
  • Provision for ACs
  • No VAT

PRICE
€320,000


Zavos Colours Boutique Apartments 410

 

  • Communal Swimming Pool
  • Mature Gardens
  • Walking Distance to the Beach
  • Close to all Amenities
  • Gym
     

PRICE
€317,500

 

Aqua Park Vacation Club 005

  • Gated Resort with private roads
  • 4 Communal Swimming Pools
  •  Playground Area
  •  Beautiful lush green Gardens
  • 1, 2 and 3 bedroom Apartments | Private Swimming pools for
  • Ground Floor Apartments | Entrance / Lobby | Concierge Service
  • Internal Pool Area | Spa / Gym | Restaurant 

 

PRICE
€214,000

 


Permanent Residence Permit

Purchase 2 properties with a minimum total value of €300.000

 


Example - Purchase 2 properties 
 

Zavos Paphomonte Heights 13 & 25 – total value: €325,000 no VAT

  • Located in Chloraka, Paphos.
  • 2 & 3 bedroom townhouses
  • Communal Swimming pool
  • Double glazed windows
  • Landscaped Gardens
  • No VAT

Location: Mid way between Paphos and Limassol

Floor Levels Description Covered Area m2 Uncovered Area m2 Total Area m2 Price (€)
13 2 2 Bedroom Semidetached, 84.00 20.00 104.00 135.000
    1 Bathroom, 1 GWC        
25 2 3 Bed TownHouse, 119.00 14.00 133.00 190.000
    2 Bath, 1 GWC        

 


Example - Purchase 2 properties



Zavos Pissouri Almond Gardens A2 & A3 – Total value: €346,000 NO VAT
  • 3 bedroom maisonette
  • 2 bedroom apartment
  • Communal Swimming pool
  • Provision for A/Cs
  • Double glazed windows
  • Laminated wooden floors in bedrooms
  • Landscape gardens
  • Solar Heating
Description Covered Area m2 Uncovered Area m2 Total Area m2 Plot Area m2 Price (€) NO VAT
Residence A            
M1 2 Bed Maisonette 92.50 11.20 103.70 153 168.000
A6 3 Bed Apartment 120.10       178.000

 

 

Example - Purchase 2 properties



Zavos Napa Blue Apartments 006 & 105 – Total value: €324,000 NO VAT
  • Large communal swimming pool with shower facilities
  • Communal roof garden
  • Provision for A/Cs
  • Solar Panels
  • Optional Extras
Floor Levels Description Covered Area m2 Uncovered Area m2 Total Area m2 Price (€)
006 G 1 Bedroom Apartment 81 17.34 98.34 119.000
    1 Bathroom, 1 GWC        
105 1/2 2 Bed Apartment, 111.39 1.32 112.71 205.000
    2 Bath, 1 GWC        

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