Investment Criteria
Fast track Residence Permit may be obtained through a secure property investment, the financial criteria are as follows:
- The Purchase Price must be at least 300,000 Euro (not including VAT) sold for the first time.
- At least 200,000 Euro (not including VAT) should be paid to the Vendor.
- Proofs of transfer of 200,000 Euro (not including VAT) from abroad must be provided.
- The applicant should also have a deposit of €30.000 pledged in a bank account in Cyprus for 3 years.
- The applicant should prove that has at disposal a secure annual income of at least €30.000.
Application Criteria
In addition to make a financial investment applicants must also meet the following criteria/supply the following documents:
Passport
![](https://www.1stclass-homes.com/assets/img/icons/1st_biography_icon.png)
Curriculum Vitae
![](https://www.1stclass-homes.com/assets/img/icons/1st_birth_icon.png)
Children’s Birth certificates
![](https://www.1stclass-homes.com/assets/img/icons/1st_police-clearance_icon.png)
Police clearance certificate from country of origin
![](https://www.1stclass-homes.com/assets/img/icons/1st_marriage_icon.png)
Marriage certificate (if applicable)
![](https://www.1stclass-homes.com/assets/img/icons/1st_statement_icon.png)
Official Statements by the applicant and his/her spouse that they do not intent to undertake any sort of employment in Cyprus.
![](https://www.1stclass-homes.com/assets/img/icons/1st_health-inssurance_icon.png)
Health Insurance Policy for the applicant and his/her dependents
Major Benefits
![](https://www.1stclass-homes.com/assets/img/icons/1st_easy-process_icon.png)
FAST & EASY PROCESS
Residence permit is issued within 2-3 months.
![](https://www.1stclass-homes.com/assets/img/icons/1st_investment_icon.png)
PERMANENT VALIDITY
Cyprus residence permit has life-long validity. No renewals needed.
![](https://www.1stclass-homes.com/assets/img/icons/1st_Family-Members_icon.png)
GRANTED TO ALL FAMILY MEMBERS
Residence permit is granted to the applicant, the spouse and children up to the age of 18.
![](https://www.1stclass-homes.com/assets/img/icons/1st_zero_icon.png)
ZERO DAYS
No requirement to stay in Cyprus other than to visit the island once every two years.