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Residency in Cyprus

Residency by Investment


Fast-Track Residency In Cyprus For Entire Family Through Property Investment From €300,000. The Cyprus Residency by Investment Program is the most assured route to acquiring a Permanent Resident Permit for a European country in just 2 months with no physical presence required.


Cyprus Residency Benefits

Cyprus Residency by Investment Program enables foreign investors to obtain a Cypriot permanent residence permit (PRP) in just 2 months through a property purchase from €300,000 (plus VAT). The property should be a first-time sale and may comprise of up to two housing units which must be purchased from the same developer. Once the PRP has been granted, applicants are required to visit Cyprus within 1 year to submit their biometrics data for issuance of their PR card, and should not be absent for more than 2 years. Cyprus Residency can be used as a first step towards Cyprus Citizenship. This can be acquired in 5 years, provided all the requirements are met.

Key Benefits Of Alternative Residency Or Citizenship

Visa-Free Travel And Global Mobility

The Cyprus Residency by Investment program can improve your global mobility if it is being considered as the first step towards acquiring citizenship on the island. Cyprus passport holders get visa-free access to over 173 countries, including EU & UK. While holding a Cyprus PR, applicants can easily apply for a Schengen visa and travel across Europe.

Investment Requirements

To qualify for the Cyprus Permanent Residency by Investment program, application are required to buy a first-time sale residential property or set of properties to the minimum value of €300,000 ( plus VAT ,if applicable),First-time sale stands for new properties and for resale. They must have been bought from a property development company.

€300,000 Purchase Of A Residential Property In Cyprus

Additional Requirements

Cyprus Residency Acquisition Process

Wide Range Business focus is to provide a hassle-free and seamless service, assisting you every step of the way with your property purchase and residency application. The entire process is efficiently managed by top professionals in the industry. We deal with all procedures efficiently on your behalf, based on professional expertise and years of experience.

Initial Consultation With

Wide Range Immigration Advisers will evaluate your personal circumstances and guide you through each of the program’s stages, helping you to collate and check the required documents, and preparing the suitable property shortlist meeting your requirements and qualifying as investment.

Property Viewings And Property Purchase

We prepare for you a customised property shortlist consisting of properties matching your own requirements. We encourage applicants to visit Cyprus to view the shortlisted properties, and once the property is selected, we ensure that the purchase process is secure and hassle-free. We make certain that you have satisfied all other requirements, including guiding you in opening a bank account in Cyprus to put your fixed deposit into.

Document Preparation

A detailed checklist will be provided, and you will be guided through the documents collection stage. Experienced immigration advisers will be checking all supporting documents for compliance to ensure all requirements are met.

Application Submission

The complete application for a residence permit, along with all supporting documents, will be submitted to the Civil Registry and Migration Department. The decision is made within two months.

Application Approval

Once the application is reviewed and approval is granted, you will be issued with an immigration certificate.

Residency Card

Within a year upon approval, the main applicant and all their family members included in the application must visit Cyprus to acquire the permit in person. The PRP holder may request Cypriot citizenship after 5 years (the last 12 months of which, the PRP holder would need to have continuously resided in Cyprus).

Other Option: €150,000 Purchase Of A Residential Property In Cyprus

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