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Does Cyprus give permanent residency?

Leia Doyle

Does Cyprus give permanent residency?

Permanent residency in Cyprus is valid for life. The whole family and parents can apply to get a residence permit. A Permanent resident of Cyprus after completing five years (total of 1825 days) of legal stay in Cyprus is entitled to apply for Cyprus Citizenship.

How do I become a resident of Cyprus?

If you have been legally resident in Cyprus for:

  1. over 5 years, you will be eligible for permanent residency and a 10-year renewable residency document (MUKW3)
  2. less than 5 years, you will be eligible for a document with 5 years validity (MUKW1)
  3. non EU family members will be eligible for a MUKW2 document.

How do you get Cypriot citizenship by marriage?

There are several ways to become a Cypriot citizen (citizen of the Republic of Cyprus) :

  1. By marriage. The first, being married to a Cypriot national, requires one to be married for at least 3 years, and have completed 2 years of residency in Cyprus prior to the date of the application.
  2. By origins.
  3. By investment.
  4. By birth.

Can you buy Cyprus citizenship?

To obtain citizenship by investment in Cyprus, you must: Purchase real estate worth at least €2 million (excluding VAT). If you want to include your parents or your spouse’s parents: You must invest an additional €500,000 into your property purchase.

How much does it cost to buy citizenship in Cyprus?

Cyprus — $2 million minimum investment There are two requirements for securing citizenship in Cyprus: A direct minimum €75,000 ($84,000) donation to the Research and Innovation Fund. A direct minimum €75,000 ($84,000) donation to the Cyprus Land Development Corporation.

How much do you need to live comfortably in Cyprus?

There is no limit to it. The family (2-3 people) needs about 2000 – 3000 EUR per month for living in the renting apartment for a comfortable life. At numbeo.com, you can compare the cost of living in any city in Cyprus, relative to your place of residence.