Visas for Non EU citizens Purchasing Property in Cyprus


Enjoy Permanent Residency in an EU country when you buy your dream home in Cyprus.The regulation provides permanent stay to people that are going to come or are already in Republic of Cyprus with intent to invest in Cyprus.


Fulfilling your dream of owning an exclusive property in Cyprus and enjoying an EU lifestyle is now possible with the announcement that non-EU citizens making a minimum investment of €300,000+V.A.T in property on the island can enjoy the same advantages as everyone else in Cyprus. 


Benefits of getting Permanent Residency (PR) in Cyprus.

  • You get all the privileges of Cypriot citizens.
  • Your children (PR Holders) can study in any European University with lower tuition fees.
  • Travel to a European country (Cyprus) any time you feel like it and not go through the usual government procedures.
  • Easier to receive a visa for other European countries if you hold the PR of Cyprus.
  • Access to business opportunities for offshore companies in Cyprus and enjoy low taxation while being able to travel anytime to check up on your investment.
  • A holiday home in the most exotic island in the Mediterranean.
  • A permanent home to retire and have a lifestyle you always dreamed of.

The Applicants::

  • Will solicit only once, and this License will not have termination or expiry date.
  • May apply for P.R either from Cyprus or abroad.
  • There is no need to be present either in the application nor ever after.
  • There will be no appointments and inquiries from various government agencies.
  • Do not need a different application for the family and dependents.
  • The forms needed are minimal in comparison with the today’s existing license.
  • The license is checked and issued with a maximum examination and approval period of around two to three months.
  • The holder of this license must visit Cyprus at least once every two years. 


Plan and application Requirements:


  • The applicant must be able to prove that he has income coming from external sources more than €30.000 a Year.
  • The amount increases by €5.000 per member of the family.
  • This income can come from any form of income, rent or dividends as long as is not from Cyprus.


Purchase contract property deed document already filed at the Land Registry for residence or other building worth at least € 300,000 and accompanied by formal proofs that already paid the € 200,000.

The money should have come to Cyprus from abroad. (External sources)

We need a letter from the bank indication that the money transferred from abroad.

It’s better to show the SWIFT CODES of these transactions as well.


Guarantees’ and Certifications:


  • The bank of the P.R Applicant must prepare bank guarantee worth € 30,000 with at least three years duration.(as a bank guarantee locked amount for three years.)
  • Certificate of clean criminal record from the country of origin.
  • Certified translation if possible in Greek. If a person is for at least 3 years in Cyprus, he/she can get it from Cyprus Authorities.
  • Declaration and Confirmation that he/she will never work in Cyprus directly or indirectly.
  • The holder of the authorization shall be visiting Cyprus at least once every two years.
  • Medical and health insurance .We can arrange it for you. 


Forms and Certificates needed:

Form M67

Statutory Declaration that will not work in Cyprus

Statutory Declaration from the Court-AFFIDAVIT

Applicant Curriculum Vitae (C.V)

Photocopy of passport (all pages)

Photocopy of valid temporary residence permit-where applicable

Marriage Certificate if applicable (officially translated)

Children birth certificate where applicable (officially translated)

4 photos