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PRA PROSPERITY FOUNDATION

CYPRUS - PRA Prosperity Foundation
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Cyprus

Cyprus

Residence by Investment

CYPRUS

Program 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.

Good To Know

Country

Cyprus

Languages spoken

Greek/Turkish

Currency used

Euro

Minimum Investment

300,000 Euro

VISA free travel with Residence Permit

Shengen area (26 EU states)

Area

9.250 km2

Population

1,2 mln

Capital

Nicosia