Permanent Residence through Investment
Obtaining Permanent Residency in Cyprus is an important step for those planning long-term residence on the island.
REVERA offers services for obtaining PR, providing full support at every stage — from document preparation to application submission, ensuring compliance with all Cypriot legal requirements.
Advantages of Obtaining Permanent Residency Through Real Estate Investment
- Permanent Residency is granted for life;
- The ability to own a business in Cyprus (receive dividends);
- PR can be passed on to family members (spouse, minor children, and in some cases, dependent adult children aged 18 to 25) of the applicant.
Conditions of Receipt
- The property must be purchased from a developer (for residential real estate).
- The applicant must prove an annual income of €30,000 (+€5,000 per dependent, +€8,000 per parent).
- The applicant must visit Cyprus at least once every two years.
- The processing time for obtaining Permanent Residency is approximately 9-12 months.
Restrictions with Permanent Residency Through Investment
- The applicant must visit Cyprus at least once every 2 years (there are no restrictions on the duration of stay in Cyprus).
- The applicant and their family members do not have the right to work in Cyprus (there are some exceptions).
Our services
- Collecting of a package of documents;
- Drawing up an application to the Migration Department on the basis of documents provided by the applicant;
- Submitting an application to the authority on behalf of the applicant.