The Cyprus Permanent Residency by Investment Programme has emerged as a favored route for non-EU individuals seeking permanent residency within an EU-member state. Its popularity stems from offering one of the most straightforward and efficient pathways into Europe, with most applications processed and approved within a remarkably short period of 60 to 120 days.
To qualify for this program, applicants are required to invest a minimum of €300,000 plus VAT in real estate. This investment not only secures permanent residency but also extends coverage to the main applicant, their spouse, and dependent children. Unlike other residency programmes, Cyprus imposes no language criteria, making it accessible to a wider range of international investors.
Once obtained, the Cyprus permanent residency status is valid for life, providing unrestricted access within the European Union. Additionally, residents benefit from visa-free travel to Cyprus every two years, allowing for convenient and hassle-free entry into the country.
Kora Real Estates offers comprehensive support to applicants of all nationalities navigating this programme, ensuring a seamless and successful process towards acquiring Cyprus permanent residency.