Acquiring Permanent Residence Permit (PR) – Fast Track Category
ACQUIRING PERMANENT RESIDENCE PERMIT (PR) – FAST TRACK CATEGORY Following the Decision of the Minister of Interior, dated 22nd of February 2016 and on the basis of Regulation 6.2 of the Immigration and Aliens Law, third country nationals who satisfy the requested investment criteria may apply for the granting of a Cyprus Permanent Residence Permit in a fast track process (“Cyprus PR”). Applicants can secure permanent residency in Cyprus through investment in real estate. The programme is one of the fastest and simplest investor visa programmes in Europe. It requires investment of just €300,000 plus VAT into property to gain the Cyprus residency permit. The...
Continue reading