Cyprus Residency Programme is the simplest and quickest route to obtain a Cypriot permanent residence permit. The programme offers the opportunity to reside in Cyprus and enjoy access to EU travelling. It is not required to live on the island, however, PR holders must visit once every 2 years. It is a simple and fast-route investment with associated benefits for the main investor, but also for the spouse and unmarried children aged 18 to 25 under certain circumstances. Once the PR is granted, applicants are required to visit Cyprus to submit their biometrics to issue their PR card. The Cyprus Residency Permit is considered the first step towards citizenship for which you may apply after 5 years granted that all requirements are met.
Cyprus is the crossroad of three continents and a member of EU with easy access to the Schengen visa. The island offers quality lifestyle living and excellent educational opportunities for families with access to Europe’s top universities as well as access to advanced healthcare system. Permit holders have the opportunity to be engaged in business activity with the right to start or be co-owner at a Cypriot registered company. As a rising business hub, Cyprus has a lot to offer in business investment opportunities in several industries such as oil, shipping and fintech.