According to the law, the Minister of Interior notifies the Council of Ministers, and it decides whether to refuse or grant a foreign national permission to immigrate and obtain permanent residence.
Investing is one of the most effective ways to get a permanent residence permit in Cyprus. However, you should meet the following conditions in this case:
Provide a police clearance certificate of the investor;
Provide proof that the official salary in the country of residence is 30,000 euros per year;
Documents describing the property, documents confirming the purchase through the developer (the cost of housing or office must exceed 300 thousand euros (VAT is not included)).
A citizen of another country who wants to obtain a permanent residence permit must submit an application for permanent residence, as well as a contract of purchase of the real estate, or a document confirming the ownership rights if the transaction has already been concluded. The documents must be fulfilled in the name of the applicant or his/her spouse. The documentation must be submitted to the Land Registration Authority in Cyprus.
Buying a private house, cottage, apartment, office allows you to obtain a permanent residence. In this case, a receipt must be provided immediately to certify that not less than 200 thousand euros has been paid for the selected property. It is important to make a payment to a bank account in one of the banks in Cyprus. Money transfer must be made from abroad.
The procedure for acquiring real estate to further obtain a Permanent Residence Permit is valid if it is done through a foreign company (on behalf of the organization). However, in this case the applicant who wishes to obtain a Permanent Residence Permit, must be the sole shareholder/beneficiary of the company.
A citizen of a foreign country can buy the following property (according to the above price):
1 housing unit, a small store, the area not exceeding 100 square meters;
2 housing units - these can be apartments or private houses;
a housing unit or an office building/few premises with a total area not exceeding 250 square meters.
In order to obtain permanent residence, the applicant must not only purchase real estate worth more than 300 thousand euros, but also provide a certificate confirming that the annual income of the applicant exceeds 30,000 euros. When moving with family, 5000 euros shall be added to the annual salary for each family member.
The Permanent Residence Permit in Cyprus, which is issued to the applicant if the above requirements are met, covers his/her children who are under the age of 18, as well as his/her spouse. If necessary, it is possible to request two separate immigration permits for each spouse, which is important in many situations.
At the same time, you will have to pay the state fee. In the case of parents with children moving abroad, applicants will have to provide proof that their income is more than 30 thousand euros by 5000 for each child.
In addition to children, those who move to Cyprus for permanent residence have the opportunity to grant the right to immigration to their parents, close relatives. For this, the applicant needs to submit documents with proof of increased income (30,000 euros + 8000 for each relative). In addition, the corresponding fee must be paid.
There are several criteria that must be met in order to meet requirements for permanent residency:
The applicant, as well as his/her spouse, must submit police clearance certificates to the MFA. By doing that, the applicant and his/her family members must not pose a threat to other people or their property on the island.
After obtaining permanent residence, according to the current laws, the former applicant must regularly visit Cyprus and not spend more than two years abroad. If this restriction is violated, the permit shall be canceled.
If the applicant does not plan to work in Cyprus, he must inform about it in advance. At the same time, the main income can be received from a company that is registered on the island.
If all the requirements have been met, there are no grounds for refusal, the application for permanent residence is considered within 2 months. This is handled by the Ministry of Foreign Affairs of the Republic of Cyprus, which approves or rejects the application. If the application has been approved, permanent residence is issued immediately.
To date, certain updates have been made on the timing, which is why it is impossible to say exactly how long an application for immigration will be considered according to a regular procedure.
There are several requirements to be met when applying through the regular procedure:
The salary statement from foreign country starting from 20 thousand euros. The sources of income must be located outside Cyprus. The total income includes basic wages, social benefits, pensions, annuities, shares.
It is necessary to purchase a property on the island of Cyprus. It can be and office, a private house, an apartment. The most important thing is the market value of real estate (office, private house, apartments) that starts from 100 thousand euros.
A bank deposit of more than 30 thousand euros must be made to the account with any bank in Cyprus.
In order to comply with requirements for immigration to Cyprus, the applicant must prepare a large package of documents:
a copy of a valid passport (the same for children and spouse);
a certificate with detailed information on the applicant's biography;
birth certificates of each child (with the seal and signatures);
marriage documents (with the seal and signatures);
original police clearance certificate;
receipt confirming the payment for real estate purchase;
a contract for the purchase of real estate in Cyprus, or a document that confirms the ownership of housing/office/shop;
a receipt confirming the stable annual income of at least the predetermined amount.
If the application for permanent residence is submitted according to a regular procedure, you will need a bank statement stating that the applicant has a stable annual income of more than 20 thousand euros.
In addition to all of the above requirements, you should not forget about the payment of state fees when applying for immigration. 500 euros for the whole family (husband and wife, children up to 18 years) + 70 euros for paperwork. Fee for children over the age of 18 and their parents is 500 euros each + 70 euros for paperwork.
Cyprus citizenship is a legal confirmation that a person can reside, study, work on the territory of Cyprus without any restrictions. A citizen of Cyprus is not forbidden to have several passports, citizenships of other countries, and he/she will be considered a citizen of the EU.
There are a total of 3 legal ways to obtain citizenship of the Republic of Cyprus:
marrying a person who is a Cypriot citizen;
naturalization during long-term residence;
Each of the options should be considered in more detail.
In order to apply for citizenship through naturalization, a foreigner must have lived in Cyprus with a residence permit for 7 years. Another requirement is that prior to preparing and submitting the citizenship application, the foreigner must have lived in Cyprus for a full year without leaving the country.
In the case if there are parents of children who are Cypriot citizens, the period of residence to apply for citizenship is reduced to 5 years. The same applies to foreigners who were able to obtain permanent residency.
Submitting an application
In order to prepare and submit an application for citizenship, the applicant must prepare in advance a list of all entries and exits to the territory of Cyprus. This is necessary in order to confirm the number of days of staying in Cyprus. Processing of the application can take up to 2 years.
In this case, you should not forget about the payment of state fees. When applying for citizenship, you have to pay 500 euros. If the application is approved by the Ministry of Foreign Affairs, you shall pay another 500 dollars.
Those foreigners who are married to residents of Cyprus can send a request for citizenship only if the marriage was concluded more than 3 years ago, if the spouses have lived together in Cyprus for 2 years. At the same time, you need to report on why there is a need to obtain citizenship of Cyprus. No explanation is required if the spouses have been married for more than 5 years and if they have a common child.
List of necessary documents:
The application can be processed for up to 2 years. You will have to pay a state fee of 300 euros when submitting documents.
Adults and minors who were born abroad after August 16, 1960 and whose father had citizenship of Cyprus at the time of their birth can submit an official request for citizenship. The same applies to those who were born on June 11, 1999. Their mother must have been a citizen of Cyprus at the time of birth.
State fee of 20 euros must be paid when applying for the above cases.
List of necessary documents for registration of minors:
Documents for adults registration:
Additionally, you need to pay a state fee of 50 euros.
It is necessary to prepare and transfer all documentation, an application for citizenship in the situations described above, through the registration department responsible for migration, immigration, and civil status registration. Another option is to do this through the district offices, which are located in all cities.
All documents marked with “*" must be translated into Greek or English. At the same time, such documents should be marked with the "APOSTILLE” stamp. Another requirement is a certification from the Embassy of Cyprus, the Ministry of Foreign Affairs of Cyprus. Independent translation of documents is not allowed. This should be handled by the staff of the consulate.
There was another option to get citizenship in Cyprus until 2020. It concerned an investment program, through which foreigners could obtain citizenship for themselves and their families by investing 2 million euros or more in the country’s economy. However, this program was ceased on November 1, 2020.