Cyprus property by Polydefkis Developers

Why apply for Permanent Residence?

·         The holder of a P.R. permit is automatically allowed to move to Cyprus permanently, stay in Cyprus for an indefinite period of time and travel in and out of Cyprus any time he/she wishes with no restrictions.

·         Fast Track applications with processing times of 2-3 months for final approval.

 ·         Permit is granted for indefinite duration, with one off application, no renewal.

 ·         There is no requirement to live permanently in Cyprus to maintain the permit.

 ·         Travel easily to other European countries

 ·         Excellent Modern medical facilities

 ·         High Standard of International schooling and universities

 ·         Safe environment with very low crime.

 ·         Your family can also obtain permanent residence (spouse and children under 18 years old)

 

Criteria:

 ·         Applicants must fulfill the following criteria to be eligible for the Cyprus Permanent Residency program:

·         The applicant’s investment will be a minimum of €300,000 plus VAT in Freehold residential or commercial property.

·         Submission of an application can include approval for the applicant’s spouse and children less than 18 years of age.

·         The applicant must have a clear criminal record

·         The applicant must have a proof of a secure income.

·         A deposit in a financial institution in Cyprus of an amount of €30,000 which will remain for three years