Key benefits of a Cyprus permanent
residency by investment 

  • Indefinite residence permit  

    Cyprus allows you to obtain permanent residency status immediately, unlike other EU investment programs. The first resident card is issued for 10 years with the right to extend.  

  • Schengen and American visas  

    It is possible to open permits for travel to Schengen countries and the USA. Visas are issued at the relevant consulates in Cyprus.   

  • Tax optimization  

    Cyprus offers permanent residents loyal taxation conditions. Corporate tax on the island is one of the lowest in the European Union, which is 12.5%.  

  • European education  

    A residence permit opens access to education in educational institutions of Cyprus. A permanent resident of the country is much easier to enter a local university than an applicant without residence permit and citizenship in Europe.  

  • Unlimited stay  

    For permanent residents there are flexible terms of stay in Cyprus. To keep the temporary residency permit, you need to make sure that you do not leave the island for longer than 2 years.  

  • Prospect of citizenship  

    Pathway to establish Cyprus citizenship. You can apply for a national passport after living in the country for 7 or more years in the last 10 years. 

Participation in the program gives
you the opportunity to:  

  • Become a permanent resident of Cyprus on favorable conditions  

  • Obtain a residence permit for all family members  

  • Obtain an EU residence card within 2–4  months  

  • Register immovable property in Cyprus in no time 

Cyprus permanent residency

by investment guarantees fast granting of EU residency
status with the support of Euvatandas

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The process of obtaining
Cyprus permanent residency  

Legal consultation  
Before you start the process of obtaining a Cyprus residence permit, you will be consulted by an immigration lawyer. After that, you sign a cooperation agreement with Euvatandas. 
Buying real estate  
You invest in real estate in Cyprus. According to the terms of the program, you need to buy one or two objects for the amount of 300 000 EUR or more.  
Registration of the package of documents  
After fulfillment of investment obligations, you submit your documents to the lawyers of Euvatandas. Specialists of the company form a dossier for submission to the authorized body.    
Submitting an application for a permanent residency  
The prepared dossier and the application for a residence permit is submitted by you to the Department of Civil Registration and Migration. At the same time you are accompanied by a lawyer of the company Euvatandas.   
Consideration of the application   
Your dossier undergoes a legal review within 2–4 months. You will then receive notification that your application has been approved.  
Obtaining permanent residency  
Within 12 months after the application is approved, you and your family members must visit Cyprus. During this visit you will submit your biometric data and receive your residence cards.

Cyprus permanent residency
requirements: 

1. Buying property

  • Buying property in Cyprus worth at least EUR 300,000 (+VAT). You need to submit an application with the right documents, a signed purchase agreement, and proof of payment of at least EUR 300,000 (+VAT). The purchase agreement must be submitted to the Cyprus Department of Land and Surveys.  
  • Real estate can also be purchased by a legal entity registered in the name of the main applicant and his/her spouse. They must be the sole shareholders of this company.  
  • Purchase one or two primary or secondary non-residential properties (offices, shops, hotels, or a combination thereof) with a market value of at least EUR 300,000. These purchases may be the result of resale.  

2. Purchase of shares

  • Acquire a stake in a new Cypriot company for EUR 300,000 or increase the share capital of an existing company in Cyprus to EUR 300,000. In either case, the company must be registered and operate in Cyprus. The company must have at least five employees.  
  • Acquire a stake in Cypriot private investment funds (e.g., AIF, AIFLNP, RAIF) worth EUR 300,000. 

Why Turkish citizens 
choose Cyprus

Turkish citizens choose Cyprus for immigration because of its stable economy, high quality of life and comfortable business conditions. The average gross salary on the island in 2024 amounted to about EUR 2,487 per month, which is twice as high as in Turkey. The cost of living in the island state is relatively low, especially in cities such as Paphos and Larnaca, which makes it attractive for families and retirees.

Cyprus offers tax incentives to Turks, including a corporate tax rate of 12.5% and no tax on dividends and interest for the first 17 years. In addition, Cyprus is a member of the European Union, giving Turkish citizens access to the pan-European market for goods and services.

Why clients choose Euvatandas 

  • Individual work with each client   

  • Cooperation under an official contract   

  • Services of experienced immigration lawyers   

  • Consultations at all stages of the program 

Cyprus permanent residency

through investment is the best solution for your life,
business and your family’s future.

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