Permanent Residence Permit
Fast-track your way to lifelong EU residence through Cyprus's premier investment-based immigration program (Category F).
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Key Benefits
Lifetime Validity
Unlike temporary permits, the Category F residence permit is valid for life with no need for renewals, providing lasting security and peace of mind for you and your family.
Family Inclusion
Covers your spouse, dependent children up to 25 years old, and dependent parents of both spouses, allowing your entire family to enjoy the benefits of Cyprus residence.
Minimal Presence Required
Only one visit every two years is required to maintain your residence status, offering exceptional flexibility for investors with global business interests or multiple residences.
EU Access
Enjoy visa-free travel throughout the Schengen Area and position yourself for potential EU citizenship through Cyprus's naturalization option after 7 years of residence.
Property Investment
Your €300,000+ investment in Cyprus property doubles as a residence solution and a strategic asset in Cyprus's growing real estate market with strong rental yield potential.
Tax Advantages
Benefit from Cyprus's favorable tax system including no inheritance tax, no wealth tax, extensive double tax treaties, and attractive rates for retirees and business owners.
Program Requirements
Eligibility Criteria
- Non-EU National: The program is designed for citizens of countries outside the European Union.
- Property Investment: Purchase of real estate worth at least €300,000 (plus VAT if applicable) in Cyprus.
- Financial Criteria: Proof of secure annual income of at least €30,000, plus €5,000 for each dependent, derived from sources outside Cyprus.
- Bank Deposit: Deposit of €30,000 in a Cyprus bank for a minimum of three years.
- Clean Criminal Record: No criminal record in your country of residence and in Cyprus.
- Health Insurance: Comprehensive health insurance coverage for all family members included in the application.
- Visit Requirement: Must visit Cyprus at least once every two years to maintain the permit.
Required Documentation
- Application Forms: Completed M67 application form for the main applicant and dependents.
- Property Documents: Sales contract, proof of payment, title deed or contract of sale filed with the Land Registry.
- Financial Documents: Bank statements, income tax returns, or other proof of secure income from abroad.
- Cyprus Bank Letter: Confirmation of €30,000 deposit in a Cyprus bank with a 3-year fixed term.
- Health Insurance Certificates: Proof of comprehensive health insurance coverage for all applicants.
- Criminal Record Certificates: For each adult applicant, issued within the last 3 months and apostilled.
- Marriage & Birth Certificates: For spouses and dependent children, apostilled.
- Passport Copies: Valid passport copies for all applicants.
- Biometric Data: Biometric data collection is required during the application process.
Premium Property Options
Marina View Residences
Limassol, Cyprus
Luxurious apartment in Limassol's prestigious marina area. Modern design with high-end finishes, private balcony, and access to communal swimming pool and fitness center.
Coral Bay Villa
Paphos, Cyprus
Elegant villa in Paphos with stunning Mediterranean views. Features include a private swimming pool, landscaped garden, spacious living areas, and modern amenities throughout.
Azure Beach Residences
Larnaca, Cyprus
Beachfront apartment offering direct access to Larnaca's golden sands. Contemporary design with panoramic sea views, premium fittings, and resort-style amenities including pools and spa.
Our property selection service helps you find the perfect investment property that meets both your lifestyle needs and the program requirements.
Explore Property OptionsApplication Process
Initial Consultation & Strategy
We assess your personal circumstances, financial situation, and objectives to develop a tailored application strategy. This includes identifying the most suitable property investment options and addressing any potential challenges.
Property Selection & Purchase
We guide you through property options that meet program requirements, arrange viewings (in person or virtual), assist with negotiations, and coordinate with legal advisors to ensure a smooth purchase process that complies with all regulatory requirements.
Documentation Preparation
Our team meticulously prepares and reviews all application documents, ensuring they meet Cyprus immigration standards. We handle translation, authentication, and verification of documents to prevent delays and complications.
Application Submission
We submit your complete application to the Civil Registry and Migration Department, handling all communication with authorities. Our established relationships with government officials help ensure efficient processing of your application.
Application Review (2-3 months)
During the review period, we maintain regular contact with the immigration authorities, promptly addressing any additional information requests. Our proactive approach minimizes processing times and keeps you informed throughout.
Approval & Biometrics
Upon approval, we coordinate your visit to Cyprus for biometric data collection and final document submission. We then assist with collecting your residence permits and provide comprehensive post-approval support for settling in Cyprus.
Permanent Residence Packages
Standard Package
Our foundational service package for those seeking a straightforward permanent residence permit application.
Includes:
- Initial consultation and eligibility assessment
- Complete application preparation and document checklist
- Application submission and tracking
- Liaison with immigration authorities
- Basic property search assistance (up to 5 property options)
- Basic post-approval support
* Government fees, property purchase costs, and legal fees for property transactions are not included
Success Stories
Mikola & Elisaveta Ivanovitch
Business Owners from Russia
The property investment guidance from CyprusReside was exceptional. They not only helped us navigate the permanent residence application but also connected us with excellent real estate opportunities. Our seafront villa has appreciated by 15% since purchase, making this both a lifestyle and investment success!
The entire process took just 2.5 months from application to approval, and their post-approval support made our transition to Cyprus seamless.
Weiji & Lifen Zhanghua
Family from China
We were concerned about managing the application process while still living in China, but CyprusReside handled everything remotely until we needed to visit for the final steps. They even helped us find the perfect international school for our children and connected us with Mandarin-speaking service providers in Cyprus.
The permanent residence has given our family security and the freedom to enjoy Cyprus's excellent quality of life while maintaining our business interests in Asia.
Frequently Asked Questions
Do I need to live in Cyprus to maintain the Permanent Residence Permit?
No, one of the key advantages of the Category F Permanent Residence Permit is the minimal physical presence requirement. You only need to visit Cyprus once every two years to maintain your residence status. This makes it ideal for investors who have business or family commitments elsewhere and cannot relocate to Cyprus full-time.
Can I work in Cyprus with a Permanent Residence Permit?
The standard Category F Permanent Residence Permit does not automatically grant the right to work in Cyprus. However, there are several options:
- You can establish and direct your own company in Cyprus
- You can apply for a separate work permit if you wish to be employed by a Cypriot company
- You can continue to work remotely for companies outside of Cyprus
Our team can provide guidance on the most suitable employment solution based on your specific situation.
What type of property qualifies for the investment requirement?
The following types of property qualify for the €300,000+ investment requirement:
- Residential properties (apartments, houses, villas)
- Commercial properties (offices, retail spaces)
- A combination of residential and commercial properties reaching the minimum value
Important requirements include:
- The property must be purchased from a developer (not a resale from another individual)
- It must be a first-time sale (never previously occupied)
- The purchase price must be at least €300,000 (excluding VAT)
- Proof of payment through a Cyprus bank is required
How long does the application process take?
The typical processing time for a Category F Permanent Residence Permit application is 2-3 months from the date of submission, provided all documentation is complete and meets requirements.
Our comprehensive preparation process usually takes 2-4 weeks before submission, depending on the complexity of your case and how quickly you can gather the necessary documents. With our expertise and established relationships with Cypriot authorities, we aim to make the process as efficient as possible.
Can I apply for citizenship after obtaining permanent residence?
Yes, the Permanent Residence Permit can serve as a pathway to Cypriot citizenship through naturalization after 7 years of legal residence in Cyprus. However, to qualify for citizenship, you would need to meet additional requirements:
- Physical presence in Cyprus for at least 5 years with a total of 1,825 days
- Continuous residence in Cyprus for the 12 months preceding the application
- Sufficient knowledge of Greek language, history, and culture
- Clean criminal record
- Intention to continue residing in Cyprus
Our citizenship planning services can help you develop a long-term strategy if obtaining a Cypriot passport is your ultimate goal.
Cyprus Permanent Residence: A Premium Gateway to European Living
Cyprus's Category F Permanent Residence Permit stands apart in the landscape of global investment migration programs, offering non-EU nationals a uniquely appealing combination of investment value, processing efficiency, and lifestyle benefits. As one of the Mediterranean's most attractive residence-by-investment options, the program provides lifetime validity with minimal presence requirements—a rare feature that accommodates global entrepreneurs, investors, and families seeking flexibility without compromising on security.
What makes the Cyprus permanent residence particularly compelling is its strategic position at the crossroads of three continents. This EU member state offers investors not just a Mediterranean lifestyle but also a robust legal framework based on British common law, a highly educated English-speaking workforce, and a corporate tax rate of just 12.5%—one of the lowest in Europe. For families, the program's comprehensive coverage of dependents across multiple generations provides an exceptional foundation for legacy planning.
Beyond the administrative advantages, permanent residence in Cyprus opens doors to an unparalleled quality of life. With over 320 days of sunshine annually, world-class healthcare facilities, excellent international schools, and a rich cultural heritage spanning 10,000 years, the island offers a perfect blend of modern European conveniences and traditional Mediterranean charm. The property investment component of the program further enhances its appeal, giving investors a tangible asset in one of Europe's most promising real estate markets.
As global uncertainties continue to drive demand for second residence options, Cyprus's permanent residence program stands as a beacon of stability and opportunity. With its clear regulatory framework, straightforward application process, and enduring benefits, it represents not merely a residence solution but a transformative lifestyle choice for investors and their families for generations to come.
Secure Your Cyprus Future Today
Contact our expert team for a personalized consultation and take the first step toward your permanent European residence.