OBTAIN A PERMANENT RESIDENCE PERMIT IN CYPRUS

A permanent residence permit in Cyprus is a document that is the legal basis for a long-term stay in Cyprus, and subsequently for obtaining citizenship.

Grounds for obtaining a permanent residence permit in Cyprus:

• Acquisition and ownership of real estate
• Opening a private business
• Job placement
• Studying at a higher education institution in Kpri
• Entering into a formal marriage with a citizen of Cyprus
• Repatriation (by root – return to the place of birth)
• Refugee status
• Family reunion

Studying in higher educational institutions

When studying in such an institution, a person receives a temporary residence permit for a period of 2 to 4 years. If the child is studying, the parents of such a person can receive the status of accompanying persons.

Marriage to a citizen of Cyprus – this method is most often used to obtain citizenship of Cyprus in the future. However, such citizenship can be obtained only after 3 years. In the meantime, the person who got married will have a temporary residence permit.

Obtaining refugee status in Cyprus – political refugees – who are persecuted for their views – they receive a temporary residence permit, then can obtain a permanent residence permit, and after 7 years citizenship

Or humanitarian refugees – they will live in Cyprus, ie have a temporary residence permit for the duration of the circumstances in another country until they end.

Doing your own business – if a person runs his / her own business, he / she is granted the right to temporary residence for 1 year, which can then be continued until the person receives a permanent residence permit.

Pensioner’s residence permit – if the pensioner has relatives in Cyprus, under the family reunification program, or if the pensioner is financially independent.

Buying real estate as an investment

Buying a residential property in Cyprus, the buyer gets the opportunity to obtain a permanent residence permit in just 2 months under the accelerated procedure. This procedure involves the following conditions:

• purchase of residential real estate with a market value of 300 thousand euros + VAT (the contract of sale must be registered in the prescribed manner);
  payment of at least 200 thousand euros from the cost of the object;
• the applicant has a minimum annual income of € 30,000 from non-employment sources in Cyprus. An additional 5,000 euros is added for each dependent family member;
• placing a deposit in any bank in Cyprus in the amount of 30 thousand euros and for a period of at least 3 years;
• no criminal record, as well as the intention to do business, work in the Republic of Cyprus.

The cost of permanent residence in Cyprus depends on the amount of services that will be provided by our migration lawyers in Cyprus. Usually the range of services includes the following:

• Translation of documents into Greek and its notarization
• Consultation and legal services
• Assistance in filling out the application and questionnaire
• Translator service if necessary
• Assistance with housing and transport

Law Company “Prykhodko and Partners” will help to issue a permanent residence permit quickly and without unnecessary problems. Our migration lawyers are true professionals in their field, so check them in practice.