Residency of Cyprus
by Investment

Located at the intersection of three continents, the Republic of Cyprus, is one of the safest and best destinations in the world for doing business with the stable and fast-growing economy, high-quality healthcare system, and international education system in the European Union famous for its sunny Mediterranean climate, excellent transport infrastructure, beautiful beaches, and historical and cultural attractions. The Permanent Residence Permits (PRP) known as Golden Visa Program provides permanent residency with unlimited renewable option and minimum physical requirement in just two months. Applicants and their dependent family members can live and study in Cyprus and enjoy from facilitated travel within the European Union with the option to obtain the powerful passport and Cyprus nationality after five years.

Cyprus Residence by Investment Overview

Cyprus offers a unique opportunity for investors to secure residency through a straightforward investment process. This pathway provides access to the European Union, favorable tax benefits, and a high quality of life in a strategically located and vibrant country.

 

PROCESSING TIME

• 2-3 months

EASY ACCESS TO EUROPE

• Holding a <b?Cyprus PRP makes it easier to apply for a Schengen visa and travel across Europe.

INVESTMENT TYPE

• Investment in Real Estate or shares PLUS Minimum Annual income

INVESTMENT AMOUNT

• Minimum investment of EUR 300,000 PLUS annual income of EUR 50,000

DEPENDENTS FAMILY

• Spouse, children under 18, Dependent Children under 25.

KEY BENEFITS

• Right to live and study in Cyprus
• Opportunity to own a business in Cyprus and benefit from the attractive tax system • Retain permanent residency with minimum residency requirement.
• Right to free public healthcare and participation in the General Health System (GHS)

Investment type and amount

In addition to one of the investment options, investors must demonstrate an annual income.

1- Investment

  • Minimum of EUR 300,000
  • Residential real estate PLUS 5%-19% VAT – New
  • Commercial real estate PLUS 19% VAT – Resale
  • Shares or establishing a new company
  • Shares in the Cyprus Investment Funds Association (AIF, AIFLNP, RAIF)

Need to be held for residence permit renewal

2- Annual Income

Minimum EUR 50,000 annual income* from abroad PLUS

      • EUR 15,000 (Spouse)
      • EUR 10,000 (each child)

Need to be held for residence permit renewal

* This income should derive from abroad and may include salaries or wages, pensions, dividends from shares, fixed deposits, rents, etc.

Why Choose MICS Global for Your Residency in Cyprus?

At MICS Global, we specialize in helping individuals secure Residency in Cyprus through Investment. With our expert team, we offer a seamless process, guiding you through every step of your application. From selecting the right investment options to handling the legal requirements, we ensure that your journey toward permanent residency in Cyprus is smooth and efficient. With a commitment to personalized solutions, MICS Global ensures that you and your family enjoy all the benefits Cyprus has to offer, from a favorable business environment to a high quality of life.

  • MICS Global provides a seamless path to securing Cyprus Residency by Investment with expert guidance and personalized solutions. We ensure that every step, from investment selection to legal procedures, is handled efficiently, so you can focus on your future in Cyprus, confident that your application is in capable hands.
Cyprus Flag Map

Timeline

After retaining MICS and paying its initial professional fee, the first step is to choose the investment type, you can visit the properties in person or online.

The MICS professional team will start the Due Diligence on the property and check the source of income.

The MICS professional team will prepare the sales contract or investment agreement with both developer or government. The agreement should be signed by the client or under a Power of Attorney (POA) document.

 

Then, MICS will provide a detailed checklist of required documents. After collection of documents MICS processing team will verify the translations and apostille them. At this stage, MICS second professional fee will be due.

Once the client makes the investment, the complete application will be submitted to the Civil Registry and Migration Department. This will be done by MICS and the receipt of the file will be delivered to the client.

Once the application is approved, the applicant and his family members should visit the Cyprus within a year to collect their biometric features in the Migration Department.

 

Once the PR cards are issued, they can be collected in the MICS head office, or they can be delivered to the applicants by registered mail. This is when the payment of MICS professional fee balance will be due.

Key Benefits of Permanent Residency in Cyprus

CYPRUS VISA FREE COUNTRIES

Visa on arrival *

Online visa **

Contact us today

Ready to invest in your future? Contact us to learn more about Residency in Cyprus by Investment and how MICS Global can assist you with the entire application process!