Cyprus law has some advantageous differences from other EU countries
when it comes to immigration. Only in Cyprus is it possible
to receive permanent residence by buying real estate.

Foreigners who purchase property in Cyprus can receive the status of permanent
resident through an accelerated procedure that takes just 2 months.

Advantages of Cyprus permanent residency through real estate investment

Receiving permanent residency in this European Union
country takes only 2 months.

Conditions for receiving Cyprus permanent residency through buying property

YOUR PURCHASE OF
CYPRUS REAL ESTATE

300 000 €

MUST BE AT
LEAST

The piece of real estate must meet
the following criteria:

  • The property was bought on the primary market from the developer;
  • The investor’s own contributed funds amount to at least 200,000 euro;
  • The purchase must be made using funds from a source outside of Cyprus.

PROOF OF AN
ANNUAL

30 000 €

INCOME OUTSIDE
CYPRUS

The applicant must show proof of an annual income outside Cyprus of at least 30,000 euro.

In the event that permanent residency is requested also for family members, this annual income must be even larger: 5000 euro more for a spouse and each child, and 8000 euro more for each financially dependent parent included in the application.

THE APPLICANT
MUST DEPOSIT

30 000 €

IN A CYPRUS BANK FOR
A PERIOD OF 3 YEARS

Your possibilities for buying property

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One piece
of residential
real estate

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Two pieces of
residential real estate
(apartments or house)

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Residential property
plus a commercial
space up to 100 m2

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Residential property
plus office space
up to 250 m2

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  • The value of two properties must equal at least 300,000 euro
  • Both pieces of real estate must belong to the same developer
  • The properties can be located in different parts of Cyprus

Who gets Cyprus permanent residency?

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THE MAIN
APPLICANT

(who must be over
the age of 18)

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THE APPLICANT’S
SPOUSE AND
UNDERAGE CHILDREN

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CHILDREN AGED
18–25 YEARS

(provided that they full-time
students and financially
dependent on the
main applicant)

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FINANCIALLY DEPENDENT
PARENTS OF THE
APPLICANT OR
HIS/HER SPOUSE

Note. When children reach the age of 25, they do not lose their permanent residency status

3 steps to permanent residency in Cyprus with Discus Holdings

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CHOOSE
A RELIABLE
INVESTMENT PROJECT

The experts at Discus Holdings continually keep track of the Cyprus real estate market. We can confidently offer you the best investment options that have passed our independent evaluation.

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GATHER ALL
THE NECESSARY
DOCUMENTS

Discus Holding lawyers will help you prepare all the documents you need and fill in the official forms, so the client’s file will be of the highest quality for submitting for residency. This step is a very important one, because the review of the client’s file, together with verifying its contents, has a direct impact on the expected result.

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SUBMITTING
THE APPLICATION
FOR REVIEW

After the client’s file has been drawn up, our experts will track its submission to the Cyprus state authorities. These authorities will examine the client’s file, verify its contents, and make a decision on whether to offer permanent residency in Cyrus, after which the client will receive a Cyprus permanent resident’s card to confirm this.

Prices for services to obtain Cyprus permanent residency

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1

Arranging permanent residency for the main applicant
20 000 €

2

Arranging permanent residency for each family member
10 000 €

3

Extension of permanent residency for the main applicant
10 000 €

4

Extension of permanent residency for family members
5 000 €

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To obtain permanent residency in Cyprus, an EU country

Get in touch with Discus Holdings!

Transparent pricing
and no imposed
extra fees

Service and
support before
and after you
obtain residency

Help in getting
settled, tax and
financial consultation

Over 20 years
of experience in
the field of immigration
services and tax
planning

GET DETAILED INFORMATION

FROM A SPECIALIST OF DISCUS HOLDINGS