Permanent  Residency

The AJAMI group has a team of experts that will provide full assistance for you and your family to obtain Permanent Residency in Cyprus. The below outline includes amendments to Regulation 6 (2) of the Aliens and Immigration Regulations, which became effective on 24th March 2021.

Fast Track

(Fast & Easily obtained within 2 months)

The Cyprus Permanent Residency (PR) program offers non-EU individuals a permanent visa for entering, staying, and living in Cyprus. To qualify, the applicant must make an investment of at least €300,000+ VAT (5%) in one of the following categories of investments from funds that emanate from abroad:

NOTE: This option covers all dependent children up to 25 years old (including parents and spouse of the applicant.)

Permanent residency in Cyprus lasts for life.

Splitting your  Investment ​

New Legal update states follows:

The Applicant may purchase up to two (2) units of residential property (apartments or houses), provided that the total market value meets the minimum requirement of €300,000 plus VAT.

Requirements

Fixed Deposit no longer required. Formerly, all applicants were required to deposit €30,000 from abroad into a Cyprus bank account which was pledged for a 5-year period. This requirement has now been removed.

The applicant must show proof of an annual income from abroad of at least €30,000. A further €5,000 per annum is required for every dependent (spouse and children) and €8,000 for each parent/parent-in-law. This income must emanate from rent, pensions, dividend of shares or permanent deposits/income that come from abroad.

Additional Criteria

Additional Benefits