The Cabinet of Ministers of Cyprus has approved amendments to the program of permanent residence by investment. When the new rules of the program will come into force, it is not yet known. According to the new rules, the minimum annual income of investors wishing to obtain permanent residence in Cyprus must be 50,000 €, which is an increase in requirements compared to the previous amount of 30,000 €. Moreover, if the applicant is a spouse, 10,000 € will be added to this amount, and 5,000 € for each minor child.
Changes in the conditions of the permanent residence program in Cyprus
However, parents and adult children will not be included in the permanent residence application and require a separate immigration permit as well as a separate minimum investment of €300,000. The investment options and the minimum amount of €300,000 remain the same. Investors can purchase residential or commercial real estate, shares or securities in Cyprus. In return, investors receive permanent residence in Cyprus for five years, and after that they can apply for citizenship.
Properties in Cyprus
€ 400 000
Apartment, For sale
ID: CY-38-165043
Cyprus, Limassol, Agios Athanasios
€ 320 000
Apartment, For sale
ID: CY-38-165042
Cyprus, Limassol, Agios Athanasios
€ 350 000
Apartment, For sale
ID: CY-38-164955
Cyprus, Limassol, Germasogeia
€ 530 000
Apartment, For sale
ID: CY-38-164497
Cyprus, Limassol, Agios Athanasios
€ 315 000
Apartment, For sale
ID: CY-38-164496
Cyprus, Limassol, Agios Athanasios
€ 555 000
House, For sale
ID: CY-38-164495
Cyprus, Limassol, Agia Fyla
Special offers of real estate abroad
- € 2 250 000
- House, For sale
- ID: IT-39-99453
- Italy, Lombardia, Milan
Historic Farmhouse with Private Park in Peschiera Borromeo (Milan, Lombardy)
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 399 000
- Apartment, For sale
- ID: TH-245-157230
- Thailand, Phuket, Bang Tao
1-Bedroom Luxury Apartment with Private Garden and Jacuzzi near the ocean – 82 sqm of Eco-Friendly and Wellness-Focused Living
- upon request
- Apartment, For sale
- ID: OW-OAE-133859
- UAE, Dubai, Business Bay
Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.
- € 800 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Dreaming of living in a brand new premium townhouse overlooking a park with a pond in the very center of Riga?
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- € 2 150 000
- House, For sale
- ID: LV-77877
- Latvia, Jurmala and region, Bulduri
For sale luxury villa near the sea in Jurmala
