THE CYPRUS PERMANENT RESIDENCY SCHEME

Cyprus provides an ideal destination for non-EU individuals wishing to acquire Permanent Residence Permit in an EU country. The whole process is simple and fast. It primarily requires an investment of a minimum of €300,000 + VAT on immovable property in Cyprus. In order to be granted a life-long (permanent) residence permit in Cyprus, the applicant needs to purchase least a new property or two new properties from the same developer with a total price of 300,000 Euros, excluding VAT. The issuance of Cyprus Permanent Residence Permit takes about two months and covers all family members, including children under 25 years old.

Some of the best advantages of Cyprus Residency:

  • It is issued within 2-3 months
  • It is lifelong (no need for prolongation)
  • It is qualified for all family members including children
  • There is no obligation to reside in Cyprus for at least 3 months a year (like in other EU countries). You only need to visit Cyprus at least once every two years

M.Residence provides a careful selection of qualified properties and takes care of all the arrangements to obtain a Permanent Residence Permit in Cyprus.

Cyprus Permanent Residency Scheme

WHY M. RESIDENCE?

Whether you aim for a Permanent Residence, or for property investment M.Residence can meet every property and legal requirement you might have. We present only meticulous selected and filtered opportunities for investments in the Real Estate Sector, with the ultimate goal to maximize our clients’ capital growth and minimize potential to risk.

We have created a selection of flexible investment-passport packages which meets all the criteria leading to a Cyprus / European Citizenship. At M.Residence your application is prepared by a team of qualified immigration lawyers and property specialist taking care of the entire application from collection of the documents until the issuing of the visa / passport.

Our services for acquisition of properties by Non-European citizens include:

  • Property analysis opportunities, strengths, threats and weakness.
  • Verification of whether the person selling the property is the legal registered owner and the property is free from any encumbrances, claims or impediments or any other prohibitions.
  • Drafting and completing all contracts relevant to the transaction.
  • Offering all legal advice necessary to perform the transaction.

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