The Minister of Interior has decided to issue an Immigration Permit to third country applicants in pursuance of the provisions of Regulation 6(2) of the Aliens and Immigration Regulations. The program offers non-EU nationals permanent residency with a single, secure, real estate investment of € 300 000. It applies to the investor, their spouse, dependent children up to the age of 25, the parents of the applicant and the parents in-law.
The permanent residency permit can be obtained through a straightforward process when all conditions are satisfied and once obtained it is valid forever.
Source : www.moi.gov.cy
SOURCE: CIPA (Cyprus investment promotion agency)