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
€ 1 150 000
Commerce property, For sale
ID: CY-35-1-156780
Cyprus, Nicosia
€ 950 000
Commerce property, For sale
ID: CY-35-1-156647
Cyprus, Nicosia
€ 4 000 000
Commerce property, For sale
ID: CY-35-1-156646
Cyprus, Paphos, Paphos (center)
€ 840 000
Commerce property, For sale
ID: CY-35-1-155970
Cyprus, Limassol, Limassol Coastal road
€ 550 000
House, For sale
ID: CY-35-1-154250
Cyprus, Nicosia
€ 695 000
House, For sale
ID: CY-35-1-153574
Cyprus, Paphos, Paphos (center)
Special offers of real estate abroad
- € 3 350 000
- House, For sale
- ID: IT-39-129711
- Greece, Aegean Islands, Alonisos
For sale: two luxury villas with pool and land on the island of Alonisos - Greece
- € 2 250 000
- House, For sale
- ID: IT-39-99453
- Italy, Lombardia, Milan
Historic Farmhouse with Private Park in Peschiera Borromeo (Milan, Lombardy)
- € 720 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Luxury iving in a brand new premium townhouse overlooking a park with a pond in the very center of Riga
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.
- upon request
- House, For sale
- ID: LV-1529
- Latvia, Jurmala and region, Asari
Feel atmosphere of the Baltic sea resort! Private scandinavian style house for sale in Jurmala.
- € 3 300 000
- House, For sale
- ID: IT-39-168093
- Greece, Cyclades Isnads, Andros
WONDERFUL RENOVATED VILLA WITH SEA ACCESS - ANDROS (CYCLADES), GREECE
- € 2 200 000
- House, For sale
- ID: IT-39-129702
- Greece, Aegean Islands, Alonisos
Seashore villa for sale with pool and garden - Alonissos, Greece
- € 6 500 000
- House, For sale
- ID: ES-248-170785
- Spain, Costa del Sol, Marbella
Villa Ellen, incredible modern villa with impressive amenities in La Quinta.
- € 33 540 000
- Penthouse, For sale
- ID: OW-OAE-165616
- UAE, Dubai, Dubai Marina
THREE LEVEL PENTHOUSE WITH STUNNING VIEWS IN DUBAI
