Cypriot permanent residence forthe financially independent

No, and that is the main feature of the programme: the permanent status is granted on the basis of income, with no compulsory €300,000 investment. Housing in Cyprus is still needed — a long-term lease is enough. If you are ready to buy, there is the investment route to permanent residence: it is considered faster, in two to three months.

No, this status gives no right to work: you cannot take employment, run a business or practise a profession on the island. The income must come from sources outside Cyprus. If work on the island matters to you, we will find another ground for the move.

There is no strict requirement as to days in the year. The only rule is not being absent from Cyprus for more than two years in a row, or the permit is cancelled. If your goal is citizenship, actual residence is required: without it the naturalisation period does not run.

No. Cyprus is not in the Schengen area, so Cypriot permanent residence does not replace a Schengen visa: you travel to the Schengen countries under the rules of your own passport. Within Cyprus itself there are no restrictions on entry and exit.

A spouse and children under 18: they receive the same permanent status at the same time as the main applicant. The income requirement rises for each family member. Adult children and parents do not come into this application — a ground of their own is chosen for them, and we help arrange it.

Any lawful income from abroad: a pension, rent from property, dividends, interest on deposits, income from a business or investments outside Cyprus. The state assesses the regularity and the origin of the funds over a long period rather than a one-off balance, so the income file is the key part of the application.

We organise the preparation of the documents and getting to filing on a tight schedule: usually one to two months where the underlying documents are ready. After filing the state’s consideration begins — in practice it takes a year or more, and that timeline depends on the Cypriot migration authorities, not on us. Throughout it we run the case and almost nothing further is required from you.

Yes, through naturalisation: after seven years of actual residence in Cyprus an application for citizenship can be made where the law’s requirements are met. What counts is life on the island — the status alone, without residence, accumulates no period. If citizenship is part of your plans, the residence strategy is worth building in advance.

Yes, the programme contains no restrictions on citizenship and we run such cases constantly. The main attention goes to the banking checks and evidencing the origin of the funds — we work that block through before filing. The preliminary assessment will show whether there are difficulties in your situation and how to resolve them.