Residence Permit can be easily obtained for individuals living in Cyprus, who own a property on the island.
Temporary Permit
Temporary residence status can be from one to four years.
It requires:
- Having Bank account in Cyprus
- Property Sales agreement or property Title Deeds
Permanent permit
It requires:
- Having Bank account in Cyprus
- Property Sales agreement or Property Title Deeds
- Established evidence of a secured annual income of not less than CYP£5,600 per person plus for each dependant CYP £2,700 *
* Due to the entry of Cyprus to the EU possibly the law in respect of permits will be amended for European citizens.