This program is designed for investors who want to buy property in Cyprus and have enough income from abroad to support themselves and their family. There are two main categories of this program:
There are also other types of PR programs in Cyprus for different situations and purposes. Here are some of them:
If you want to get your PR in Cyprus as soon as possible, you should follow the fast-track procedure for obtaining a PR. This procedure applies to the Category 6.2 Fast Track Permanent Residence program, which is the most popular and convenient option for investors.
To qualify for this program, you need to follow these steps:
The delivery date of the property does not matter, so you can get your PR even before the property is completed. However, you need to visit Cyprus at least once every two years to maintain your PR status.
Unfortunately, students cannot get permanent residence in Cyprus while they are studying. However, they can apply for permanent residence after they finish their studies, if they meet the required criteria.
The only way to get permanent residence in Cyprus after the study is to follow one of the residency by investment programs. These programs allow you to get permanent residence in Cyprus by investing in real estate or other eligible options. You can choose between two main categories:
EU citizens do not need to apply for permanent residence in Cyprus. They can simply register with the authorities after three months of living in Cyprus and receive a registration certificate. This certificate allows them to stay and work in Cyprus indefinitely.
Non-EU citizens with permanent residence in Cyprus have some limitations and restrictions. They cannot travel visa-free to the EU (except Bulgaria and Croatia) or the Schengen area. They also cannot live and work in other EU countries. They need to apply for visas and permits according to the rules of each country.
No, Cyprus permanent residence and citizenship are not the same, but they have some similarities. Both allow you to live in Cyprus, register a business, and access education and healthcare. They also protect you under human rights and non-discrimination laws. Permanent residence allows you to buy land and, in some cases, work in Cyprus, but with some limitations and exceptions.
The main difference between permanent residence and citizenship is that citizenship gives you more rights and benefits. As a citizen, you can vote and run for office in Cyprus. You can also travel visa-free to more than 170 countries, including the EU and the Schengen area. You can also live and work in any EU country without any restrictions.
Yes, you can travel to Europe with a Cyprus residence permit, but only to some countries. You can travel visa-free to Bulgaria and Romania, which are part of the EU but not the Schengen area. For other EU and European countries, you need to follow their specific rules and regulations for third-country nationals (TCNs). You may need to apply for visas and permits depending on the purpose and duration of your visit.
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