Permanent Residency Program grants non-EU nationals the right to permanently reside in Cyprus by buying a residential or commercial property for at least €300,000.
BENEFITS OF CYPRUS RESIDENCY PROGRAM
Cyprus is a perfect Mediterranean island with its sunny weather and calm atmosphere. It’s also home to idyllic sea in the most beautiful tones of blue. This charming island makes sure the residents enjoy a calming lifestyle where the nature complements the scene. Cyprus is in a great location in terms of accessibility and other advantages for travelling to other countries. Cypriot passport currently provides visa-free access to 174 countries.
Trem Global advisory team will guide and help you through the program’s stages, helping you to file required documents and preparing a list of properties to make an investment in.
After you find the best way of investment for you in Cyprus with the help of the Trem Global advisors, the documents required for the process will be prepared under the advisory of Trem Global.
The complete application file for the residence permit will be submitted to the Civil Registry and Migration Department of Cyprus. The submitting process usually takes two months to result.
The applicant obtains the right to be certified after the application is carefully reviewed by the officials. Following the certification, the residence permit can be provided within 2 to 3 months.
After the approval for a permit, the applicant and other family members must visit Cyprus to acquire the permit in person. If the permit holders reside in the country in the last 12 months of the 5-years, they are qualified for citizenship at the end of the 5-year period.
Get granted permanent residency followed by citizenship after the 5-year period in Cyprus. If you acquired Cyprus citizenship, there is no limitation on your duration of stay in the country. This way you can freely live in other countries or continue your activities abroad.