Category C permanent residency is available to company owners who invest a minimum of €260,000 in a company registered in Cyprus. This option allows the holder to both reside and work in Cyprus.
Cyprus is a member of both the European Union and the Eurozone. Holding a Cypriot Permanent Residence Permit is a significant advantage when applying for a visa in the Schengen Zone.
Available for company owners who invest at least €260,000 in a Cyprus-registered company.
The Permanent Residency Permit remains valid as long as the individual continues to own or work for the registered company.
To be eligible for Permanent Residency under Category C in Cyprus, an investment of €260,000 in a company registered in Cyprus is required.
Individuals with Permanent Residency status in Cyprus have a great advantage when applying for a Schengen Zone visa.
Successful applicants have their applications processed within a few months.
A minimum investment of €260,000 in a Cyprus-registered company qualifies for Category C Permanent Residency.
Applications must be submitted to the Civil Registry and Migration Department. Letters of approval are typically received within a few months.
All applicants must visit Cyprus to have their biometrics recorded.
The Republic of Cyprus is an island nation located at the crossroads of 3 continents: Europe, Asia and Africa. Its territory comprises the entirety of the Mediterranean’s third-largest island and some smaller islets, with a total area of 9,251 km².
Cyprus has a population of 875,889. Although English is widely spoken by 90% of the population, the official languages are Greek and Turkish.
Cyprus is a very popular tourist destination with around 4 million tourists visiting annually – over 4 times its resident population.
Primary and secondary education is compulsory for Cypriot pupils until they reach the age of 15. However, almost all Cypriots proceed with higher education either in one of numerous university campuses on the island, or the United Kingdom, with a sizeable university student diaspora who return to the island after their studies.
The island has recently launched its own General Health System, a full-coverage, universal healthcare insurance programme that strives to provide all residents with affordable medical care.
Property Type | Bedroom | Area m2 | Price |
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Apartment | 3 | 144.43 | €1050000 |
Property Type | Bedroom | Area m2 | Price |
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Villa | 4 | 186 | €980000 |
Yes, if an applicant successfully receives Permanent Residency status through the Cyprus Residency Programme, they can also become eligible for Cypriot citizenship following 7 years of continued permanent residency on the island.
The application processing period for Cypriot Permanent Residency status takes between 1-2 months.
Cyprus is one of the safest countries to live in the world, boasting the lowest crime rate in the European Union. Violent crimes are extremely rare, and locals would often leave their front doors unlocked if leaving their homes for a short while up until very recently.
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