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+35725731111
Home Permanent residence in Cyprus

Cyprus Permanent Residence

The prospect of relocating to Cyprus has become highly viable, thanks to its reputation as one of the most accommodating European countries for international residents. Cyprus has established all the necessary prerequisites to facilitate the obtaining of residence permits through its PR (Permanent Residence) Programme
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Cyprus Investment Benefits

TAX RESIDENCE
TAX RESIDENCE STAYING IN CYPRUS FROM
60 DAYS A YEAR
LIFTING OF BANKING RESTRICTIONS
FOR CITIZENS WITH EUROPEAN PERMANENT RESIDENCE.
ACCOUNTS OPENING IN EUROPEAN / CYPRUS BANKS
HIGH RENTAL INCOME AND
RETURN ON INVESTMENT
SAFE HIGH-YIELD INVESTMENT, WITH THE PROSPECT OF INCOME FROM RENTAL
REAL ESTATE
FAVORABLE TAX REGIME
NO TAX ON OTHER COUNTRY INCOME.
NO PROFIT OR EARNINGS TAXES.
NO INHERITANCE AND WEALTH TAX
PROTECTION OF ANY ASSETS AND OPTIMIZATION OF TAXES
VIA CYPRUS HOLDING, CYPRUS TRUST AND AIF
HIGH LEVEL OF HEALTH CARE AND EDUCATION
TOP LEVEL OF MEDICINE WITH HIGHLY QUALIFIED SPECIALISTS AND HIGH EDUCATIONAL STANDARDS WITH THE IMPLEMENTATION OF BRITISH SYSTEMS OF EDUCATION
SAFETY AND STABILITY
”EMERGENCY AIRFIELD" IN EUROPEAN COUNTRY IN CASE OF ECONOMIC AND POLITICAL TURBULENCE
LIFE IN THE MEDITERRANEAN
MILD CLIMATE, BEAUTIFUL BEACHES AND 320 SUNNY DAYS A YEAR. 
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Fast Track process

currency
€300 000
INVESTMENT AMOUNT
IN PROPERTY (excl. VAT)

currency
€ 50 000
MINIMUM ANNUAL INCOME+
€ 15,000 FOR THE SPOUSE
€ 10,000 FOR EACH DEPENDANT CHILD

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2 MONTHS TO OBTAIN PERMANENT
RESIDENCY PERMIT

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PROOF OF LEGAL SOURCE
OF INCOME

court
CLEAN CRIMINAL RECORD
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Eligible together with main applicant
Spouse
Dependents  under 25

It’s Attractive

Further to the purchase of property and obtaining Cyprus residence, the investor can apply for Cyprus citizenship in 7 years (for IT employees - 5 years).
Permanent Residence In Cyprus For Real Estate
Permanent Residence In Cyprus For Real Estate

One of the fastest ways to get EU residence

One of the fastest ways to get EU residence

It's profitable and practical

The demand for property in the sunny Mediterranean region constantly continues to surge and investing in properties remains highly relevant. Presently, acquiring a residence permit in Cyprus through real estate purchases holds appeal for several compelling reasons:
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Efficiency of paperwork for simplified and comfortable obtaining a residence permit / permanent residence.
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Relatively low investment in the country's economy with full transparency of transactions with real estate.
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Granting a residence permit for the family including spouse and unmarried children under 25 who are students in higher education abroad and who are financially dependent on the applicant.
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Cyprus is among top five safest countries in the world with the lowest level of crime in Europe.
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Broad business prospects thanks to the Cyprus taxation system and a booming economy.
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The strategic geographical location and developed infrastructure of the island for successful entrepreneurship.
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Opportunity to receive high-quality medical care and a high level education.
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No need to learn a language for a residence permit or permanent residence.
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Our Properties for permanent residence

Property
See more
Pissouri Forest Park
appartment
Price
€439,000
Area
111 m²
More details
MIR Residences
appartment
Price
€498,000
Area
106 m²
More details
YOO Limassol Apartments
appartment
Price
€510,000
Area
81 m²
More details
Greenwood at Platres
appartment
Price
€660,000
Area
141 m²
More details

Conditions for obtaining a residence permit in Cyprus for real estate

Permanent residence - legal status, confirmed by an official document (permission to reside in the country). In order for you to be able to obtain permanent residence in Cyprus in 2023, we recommend read the key terms:
investment
Investment
The amount of investment in real estate starts from €300,000.
house
The property
The purchase of a house or apartment for a residence permit and permanent residence must be carried out from a development company and be your first real estate purchase in Cyprus.
income
Income
The declared annual income must be stable in the long term, come from legal sources from abroad: €50,000 plus €15,000 for the spouse and €10,000 for each dependant child.

List of documents

Which will be needed for obtaining permanent residence and residence permit in Cyprus for real estate:
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A copy of the sales agreement or existing title deed.
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Certificate from the country of residence confirming the absence of a criminal record.
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Original passport with copies of all pages.
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Bank statements inside and outside the country.
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Certificates of marriage and birth of children: translation, photocopies and apostille.
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Why Choose us

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Property Gallery Developers & Constructors Ltd is a prominent developer in Cyprus, renowned for offering an extensive range of residential and commercial properties located in highly desirable areas of the island.

With 22 years of experience in the Cyprus real estate market, Property Gallery has established an outstanding business reputation, earning recognition and numerous accolades from the professional community, including membership in the Cyprus Developers Association and the Chamber of Commerce and Industry, as well as 50 International Property Awards.

50
International Property Awards
22+
Years of Development Experience
75+
Development Projects In Cyprus
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Projects New
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TAXES CALCULATOR
Taxes and fees calculations on purchased property
+VAT 49,000€ (5.00%)
Transfer Fee (single payment) One owner: 0€ (0.00%) Two owners: 0€ (0.00%)
Stamp duty (single payment) 1893€ (0.19%)
Municipal tax (annual payment) 250€/Year (0.03%)
Legal fee (single payment) from 7840€ (0.8%) to 9800€ (1%)