PERMANENT RESIDENCY IN CYPRUSTHROUGH INVESTMENT IN REAL ESTATE

Cyprus law has some advantageous differences from other EU countries when it comes to immigration. Only in Cyprus is it possible to receive permanent residence by buying real estate.

Foreigners who purchase property in Cyprus can receive the status of permanent resident through an accelerated procedure that takes just 2 months.

Advantages of Cyprus permanent residency through real estate investment

Permanent residency in Cyrus gives you the ability to live in Cyprus year-round, and after Cyprus joins the Schengen zone, you will be able to freely move around the entire Schengen space.

Together with the main applicant, also members of his/her family will receive permanent residency: his/her spouse, children – including adult children under the age of 28 – and financially dependent parents.

Holders of Cyprus permanent residency through real estate investment do not automatically become Cyprus tax residents and are under no obligation to stay in Cyprus.

Gaining permanent residency in Cyprus through investment in real estate and then staying on the island allows you to receive Cyprus citizenship in the future.

By staying within Cyprus for only 60 days a year, a Cyprus resident can legally receive tax residency on the island and enjoy all the advantages of the country’s tax system.

Your possibilities for buying property

One piece
of residential

real estate

Two pieces of
residential real estate
(apartments or house)

Residential property
plus a commercial
space up to 100 m2

Residential property
plus office space
up to 250 m2

The value of two properties must equal at least 300,000 euro
Both pieces of real estate must belong to the same developer
The properties can be located in different parts of Cyprus

3 steps to permanent residency in Cyprus with White bird group

CHOOSE
A RELIABLE
INVESTMENT PROJECT

The experts at White bird group continually keep track of the Cyprus real estate market. We can confidently offer you the best investment options that have passed our independent evaluation.

GATHER ALL
THE NECESSARY
DOCUMENTS

White bird group lawyers will help you prepare all the documents you need and fill in the official forms, so the client’s file will be of the highest quality for submitting for residency. This step is a very important one, because the review of the client’s file, together with verifying its contents, has a direct impact on the expected result.

SUBMITTING
THE APPLICATION
FOR REVIEW

After the client’s file has been drawn up, our experts will track its submission to the Cyprus state authorities. These authorities will examine the client’s file, verify its contents, and make a decision on whether to offer permanent residency in Cyrus, after which the client will receive a Cyprus permanent resident’s card to confirm this.